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Moody's MCO Total costs & expenses

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Other financials

Income statement

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Revenue$2.2B+15.1%
Gross profit$1.7B+18.3%
Operating income$1.0B+27.9%
Net income$878.0M+51.9%
EPS (diluted)$5.03+56.7%

Balance sheet

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Cash & equivalents$1.5B-32.5%
Total debt$7.5B+3.3%
Total equity$3.0B-23.4%
Total assets$14.7B-5.2%

Cash flow

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Operating cash flow$779.0M+43.5%
CapEx$91.0M+21.3%
Free cash flow$688.0M+47.0%

Valuation

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Market cap$82.85B-11.1%
Enterprise value$88.9B-9.6%
P/E29.6×-14.1×
P/S10.2×-2.6×

Profitability

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Gross margin75%+2.2pp
Operating margin44.8%+4.2pp
Net margin34.3%+5.1pp
FCF margin36.4%+3.9pp

Returns & leverage

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Return on equity80.2%+25.0pp
Debt / equity2.5×+0.6×
Current ratio1.2×-0.6×

Where this comes from

Reported directly by Moody's in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The source filing: Moody's’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049398
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation and amortization126120248233
Restructuring32275960
Charges related to asset abandonment13
Total expenses1,1391,0802,2962,158
Operating income1,0468181,9681,664
Non-operating income (expense), net
Interest expense, net(58)(61)(124)(122)
Other non-operating income, net2151634

Item 1. Financial Statements

FAQ

What is Moody's's total costs & expenses?
Moody's (MCO) reported total costs & expenses of $1.14B in Q2 2026.
How has Moody's's total costs & expenses changed year-over-year?
Moody's's total costs & expenses increased by 5.5% year-over-year, from $1.08B to $1.14B.
What is the long-term trend for Moody's's total costs & expenses?
Over 4 years (2021 to 2025), Moody's's total costs & expenses has grown at a 6.7% compound annual growth rate (CAGR), from $3.37B to $4.37B.
What does total costs & expenses mean?
This metric represents the aggregate sum of all operating and non-operating costs incurred by the company to generate revenue during a reporting period. It encompasses essential expenditures such as personnel compensation, administrative overhead, depreciation, and restructuring charges. Monitoring this figure allows investors to assess the company's overall cost structure and operational discipline relative to its top-line performance.

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