Quarterly ResultApr 29, 2026, 04:40 PM
MC Q1 Revenue $319.8M, +4%; EPS $0.50 Adj; Dividend $0.65
AI Summary
Moelis & Company reported record first quarter 2026 revenues of $319.8 million, a 4% increase year-over-year. The firm achieved an Adjusted diluted EPS of $0.50, which included a $0.11 per share tax benefit, and an improved Adjusted pre-tax margin of 15.0%. Moelis & Company also declared a regular quarterly dividend of $0.65 per share and repurchased 1.9 million shares, while continuing its growth strategy with new Managing Director hires and maintaining a strong balance sheet with no debt.
Key Highlights
- Record first quarter revenues of $319.8 million, up 4% from the prior year period.
- Adjusted diluted EPS of $0.50 for Q1 2026, including a $0.11 per share tax benefit.
- Adjusted pre-tax margin improved to 15.0% in Q1 2026 from 14.0% in the prior year.
- Declared a regular quarterly dividend of $0.65 per share.
- Repurchased 1.9 million shares during Q1, including 0.9 million open market at $59.78/share.
- Hired two Managing Directors; six additional MDs committed to join throughout the year.
- Maintained a strong balance sheet with $353.7 million in cash and no debt.
- Returned $171.4 million to shareholders with respect to the first quarter of 2026.