Moody's

MCO Financials Market cap $82.8B as of Sep 14, 2026 16:03 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 23, 2026

Revenue$2.19B +15% year over year

Gross profit$1.67B 76% margin

Operating profit$1.05B 48% margin

Net profit$0.88B 40% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.19	100%	+15%
Recurring	1.28	59%	+7%
Transaction	0.90	41%	+29%
Cost of revenue	−0.52	24%
Gross profit	1.67	76% margin	+2pp
SG&A	−0.46	21%	−2pp
Other	−0.16	7%	+0pp
Operating profit	1.05	48% margin	+5pp
Other income, net	0.12
Tax	−0.29
Net profit	0.88	40% margin	+10pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.08	100%	+8%
Recurring	1.27	61%	+10%
Transaction	0.81	39%	+5%
Cost of revenue	−0.53	26%
Gross profit	1.55	74% margin	+0pp
SG&A	−0.48	23%	+0pp
Other	−0.15	7%	+0pp
Operating profit	0.92	44% margin	+0pp
Interest & other costs	−0.05
Tax	−0.21
Net profit	0.66	32% margin	−1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.89	100%	+13%
Recurring	1.27	67%	+11%
Transaction	0.62	33%	+18%
Cost of revenue	−0.50	27%
Gross profit	1.39	73% margin	+3pp
SG&A	−0.47	25%	−2pp
Other	−0.15	8%	+0pp
Operating profit	0.77	41% margin	+7pp
Interest & other costs	−0.08
Tax	−0.08
Net profit	0.61	32% margin	+9pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.01	100%	+11%
Recurring	1.22	61%	+10%
Transaction	0.79	39%	+12%
Cost of revenue	−0.49	25%
Gross profit	1.52	75% margin	+4pp
SG&A	−0.45	23%	−1pp
Other	−0.15	7%	+0pp
Operating profit	0.92	46% margin	+5pp
Interest & other costs	−0.05
Tax	−0.22
Net profit	0.65	32% margin	+3pp

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 23, 2026 Operating margin 48% Net profit $0.88B	Apr 1 – Jun 30, 2026	Jul 23, 2026	$2.2B	+15%	48%	$0.88B	40%
Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 23, 2026 Operating margin 44% Net profit $0.66B	Jan 1 – Mar 31, 2026	Apr 23, 2026	$2.1B	+8%	44%	$0.66B	32%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 18, 2026 Operating margin 41% Net profit $0.61B	Oct 1 – Dec 31, 2025	Feb 18, 2026	$1.9B	+13%	41%	$0.61B	32%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 23, 2025 Operating margin 46% Net profit $0.65B	Jul 1 – Sep 30, 2025	Oct 23, 2025	$2.0B	+11%	46%	$0.65B	32%