Moody's Corp reported second-quarter 2026 results with revenue of $2.19B, net income of $878M and diluted EPS of $5.03, marking year‑over‑year gains driven by strong ratings and data demand and continued growth in subscription offerings.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$2.19B$1.9B15.1% | Net income²$878M$578M51.9% | Diluted EPS³$5.03$3.2156.7% |
¹ Reported as “Revenue”. ² Reported as “Net income attributable to Moody's”. ³ Reported as “Diluted earnings per share attributable to Moody's common shareholders”.
Business Highlights
- Revenue growth of 15% in the quarter with Moody's Analytics (MA) up 4% and Moody's Investors Service (MIS) up 25%; organic constant-currency revenue rose 16% driven by ratings and data demand.
- Continued shift to cloud subscription offerings in MA Decision Solutions supported recurring revenue and ARR growth of 9%.
- Strong MIS issuance activity across leveraged finance, AI-related hyperscaler financing and infrastructure deals contributed to performance.
- Operating and adjusted margins expanded (480 bps and 440 bps in Q2) reflecting favorable revenue mix and disciplined cost management.
- Closed divestiture of MA Regulatory Solutions with a material gain and progressed a restructuring program with defined cash outlays through 2028.
Original SEC Filing:
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