Quarterly ResultApr 30, 2026, 06:07 AM
MC Q1 Revenue +4.3% to $319.8M; Net Income $38.4M, EPS $0.48
AI Summary
Moelis & Co reported Q1 2026 revenues of $319.8 million, a 4.3% increase from Q1 2025. However, net income attributable to Moelis & Company decreased to $38.4 million, or $0.48 diluted EPS, compared to $50.3 million, or $0.64 diluted EPS, in the prior year. The company also significantly increased treasury stock purchases to $117.3 million in Q1 2026, while cash and cash equivalents saw a substantial decline.
Key Highlights
- Q1 2026 Revenue: $319.8 million, up 4.3% from $306.6 million in Q1 2025.
- Q1 2026 Net Income attributable to Moelis & Co: $38.4 million, down from $50.3 million in Q1 2025.
- Q1 2026 Diluted EPS: $0.48, down from $0.64 in Q1 2025.
- Treasury stock purchases: $117.3 million in Q1 2026, significantly up from $11.6 million in Q1 2025.
- Cash and cash equivalents: $152.9 million as of March 31, 2026, down from $508.6 million at Dec 31, 2025.
- Dividends declared: $0.65 per share of Class A Common Stock for Q1 2026.
- Net cash used in operating activities: $(278.8) million in Q1 2026, compared to $(165.5) million in Q1 2025.
- Total assets: $1.29 billion as of March 31, 2026, down from $1.74 billion at Dec 31, 2025.
Price Impact
More from MC