Products & Services · Revenue recognized

Transaction Revenue — Revenue recognized

Moody's Transaction Revenue — Revenue recognized increased by 29.5% to $807.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $769.00M to $807.00M. Over 4 years (FY 2021 to FY 2025), Transaction Revenue — Revenue recognized shows relatively stable performance with a 0.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher debt market activity and strong demand for credit ratings, while a decrease suggests a slowdown in corporate or public debt issuance.

Detailed definition

This metric represents the total revenue generated from credit rating assignments and related services that are triggere...

Peer comparison

Comparable to transaction-based underwriting or advisory fees at investment banks and other credit rating agencies like S&P Global.

Metric ID: mco_segment_transaction_revenue_revenue_recognized

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$724.00M$667.00M$631.00M$573.00M$454.00M$334.00M$321.00M$476.00M$490.00M$436.00M$424.00M$719.00M$731.00M$701.00M$527.00M$769.00M$699.00M$787.00M$623.00M$807.00M
QoQ Change-7.9%-5.4%-9.2%-20.8%-26.4%-3.9%+48.3%+2.9%-11.0%-2.8%+69.6%+1.7%-4.1%-24.8%+45.9%-9.1%+12.6%-20.8%+29.5%
YoY Change-37.3%-49.9%-49.1%-16.9%+7.9%+30.5%+32.1%+51.1%+49.2%+60.8%+24.3%+7.0%-4.4%+12.3%+18.2%+4.9%
Range$321.00M$807.00M
CAGR+2.3%
Avg YoY Growth+8.8%
Median YoY Growth+10.1%

Frequently Asked Questions

What is Moody's's transaction revenue — revenue recognized?
Moody's (MCO) reported transaction revenue — revenue recognized of $807.00M in Q1 2026.
How has Moody's's transaction revenue — revenue recognized changed year-over-year?
Moody's's transaction revenue — revenue recognized increased by 4.9% year-over-year, from $769.00M to $807.00M.
What is the long-term trend for Moody's's transaction revenue — revenue recognized?
Over 4 years (2021 to 2025), Moody's's transaction revenue — revenue recognized has grown at a 0.6% compound annual growth rate (CAGR), from $2.81B to $2.88B.
What does transaction revenue — revenue recognized mean?
Revenue earned from fees charged for specific credit rating services on new debt issuances.