Moody's said total revenue for the 3 months ended September 30, 2025 increased 11%, with MA growing 9% and MIS growing 12%, and organic constant currency revenue increasing 9%.

1. 01

   Moody's said total revenue for the 3 months ended September 30, 2025 increased 11%, with MA growing 9% and MIS growing 12%, and organic constant currency revenue increasing 9%.

2. 02

   The company said MIS revenue for Q3 increased across all ratings lines of business, with CFG up 12%, SFG up 8%, FIG up 22% and PPIF up 5%. It said CFG transaction revenue increased $51 million.

3. 03

   Moody's said global MA revenue for Q3 increased 9%. Decision Solutions revenue grew 11%, DS ARR increased 10%, and KYC recurring revenue increased 22%, the company added.

4. 04

   Moody's said operating cash flow for the 9 months ended September 30, 2025 decreased $121 million compared with the prior-year period, income tax payments were $253 million higher, and cash paid for share repurchases was $358 million higher.

Key figures

Quarter ended September 30, 2025

Revenue

$2.0B

Operating income

$917M

Net income

$646M

EPS

$3.60

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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