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Moody's logoMoody's MCO

The company said MCO revenue for Q3 2026 was $2,023 million, up 1% from $2,007 million in the prior-year period. Its operating margin was 44.8%, and its adjusted operating margin was 52.6%. Diluted EPS was $4.24, and Adjusted Diluted EPS was $4.14.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said MCO revenue for Q3 2026 was $2,023 million, up 1% from $2,007 million in the prior-year period. Its operating margin was 44.8%, and its adjusted operating margin was 52.6%. Diluted EPS was $4.24, and Adjusted Diluted EPS was $4.14.

  2. Moody's said MIS revenue for Q3 fell 1% to $1,087 million, and MIS transaction revenue declined 5% to $714 million. MA ARR rose 8% to $3,688 million.

  3. Moody's said its full-year 2026 outlook is unchanged from the last publicly disclosed outlook. Diluted EPS is expected to be $16.00 to $16.50, Adjusted Diluted EPS $16.50 to $17.00, and operating cash flow $3.15 to $3.35 billion. Share repurchases are up to $3.0 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Q3 Revenue, Margin and EPS Results

The company said MCO revenue for Q3 2026 was $2,023 million, up 1% from $2,007 million in the prior-year period. Its operating margin was 44.8%, and its adjusted operating margin was 52.6%. Diluted EPS was $4.24, and Adjusted Diluted EPS was $4.14.

Source · Based on the filing body and exhibits

MIS Revenue Down, MA ARR Up

Moody's said MIS revenue for Q3 fell 1% to $1,087 million, and MIS transaction revenue declined 5% to $714 million. MA ARR rose 8% to $3,688 million.

Source · Based on the filing body and exhibits

Full-Year Outlook Reaffirmed

Moody's said its full-year 2026 outlook is unchanged from the last publicly disclosed outlook. Diluted EPS is expected to be $16.00 to $16.50, Adjusted Diluted EPS $16.50 to $17.00, and operating cash flow $3.15 to $3.35 billion. Share repurchases are up to $3.0 billion.

Source · Based on the filing body and exhibits

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.