FINHUB Insights

MCO · Q2 FY26 · Jun 30, 2026

Moody's Q2 FY26: where the revenue came from and where it went

Moody's Q2 FY26: revenue $2.2B (+15% year over year). Net profit $0.9B. Largest cohort Recurring Revenue $1.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 30, 2026
Reported
Jul 23, 2026 10-Q
Sankey diagram of Moody's's income statement for Q2 FY26: revenue of $2.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2.2B +15% year over year
Gross profit$1.7B 76% margin
Operating profit$1B 48% margin
Net profit$0.9B 40% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 2.2 100% +15%
Recurring Revenue 1.3 59% +7%
Transaction Revenue 0.9 41% +29%
Cost of revenue−0.523%
Gross profit1.776% margin+2pp
SG&A−0.521%−2pp
Other−0.27%+0pp
Operating profit148% margin+5pp
Tax−0.2
Net profit0.940%+10pp
Filing on EDGAR More quarters of MCO

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters