MCO · Q4 FY25 · Oct 1 – Dec 31, 2025
Moody's Q4 FY25: where the revenue came from and where it went
Moody's Q4 FY25: revenue $1.9B (+13% year over year). Net profit $0.6B. Largest cohort Recurring Revenue $1.3B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 18, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$1.9B
+13% year over year
Gross profit$1.4B
73% margin
Operating profit$0.8B
41% margin
Net profit$0.6B
32% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.9 | 100% | +13% |
| Recurring Revenue | 1.3 | 68% | +11% |
| Transaction Revenue | 0.6 | 32% | +18% |
| Cost of revenue | −0.5 | 26% | |
| Gross profit | 1.4 | 73% margin | +3pp |
| SG&A | −0.5 | 25% | −2pp |
| Other | −0.2 | 8% | +0pp |
| Operating profit | 0.8 | 41% margin | +7pp |
| Tax | −0.1 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 0.6 | 32% | +9pp |
Older quarters
-
Q2 FY26 6/2026Revenue $2.2B Net margin 40%
-
Q1 FY26 3/2026Revenue $2.1B Net margin 32%
-
Q3 FY25 9/2025Revenue $2B Net margin 32%
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