| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 2.1K | 8.1% |
| Total Income | 2.1K | 8.1% |
| Expenditure | 1.2K | 7.3% |
| PBT | 870.00 | 8.2% |
| Net Profit | 661.00 | 5.8% |
| OPM | 44.35% | 0.38pp |
| NPM | 31.79% | 0.69pp |
| EPS | 3.74 | 7.8% |
Moody's Corporation Reports Record Q1 2026 Results
22 Apr 2026 · 22 Apr, 4:29 pm
Summary
Moody's Corporation announced record results for the first quarter of 2026. Revenue increased by 8% to $2.1 billion, and the adjusted operating margin expanded by 150 bps to 53.2%. Diluted EPS was up 8%, and Adjusted Diluted EPS increased by 13%. The company reaffirmed its full-year 2026 revenue growth guidance in the high-single digit percent range and Adjusted Diluted EPS between $16.40 and $17.00. Rob Fauber, President and CEO, noted the strong performance of both MIS and MA, highlighting the demand for Moody’s decision-grade connected intelligence.
Key Highlights
- 1
Moody's Corporation's revenue reached $2.1 billion, reflecting an 8% increase compared to the prior-year period.
- 2
The company's operating margin was 44.3%, while the adjusted operating margin expanded by 150 bps to 53.2%.
- 3
Diluted EPS increased by 8% and Adjusted Diluted EPS rose by 13% year-over-year, driven by strong topline growth and operating leverage.
- 4
Operating cash flow increased by 24% to $939 million, and free cash flow increased by 26% to $844 million.
- 5
The company accelerated capital returns with $1.7 billion in share repurchases and dividends during the first quarter.
- 6
Full-year 2026 revenue growth is reaffirmed to be in the high-single digit percent range, with Adjusted Diluted EPS expected to be within the range of $16.40 to $17.00.
- 7
MIS achieved record revenues of $1.2 billion on over $2 trillion in rated issuance and delivered an adjusted operating margin of 67%.
Management Comments
Rob Fauber
Both MIS and MA delivered strong results this quarter with sustained growth and powerful operating leverage. MIS achieved record revenues of $1.2 billion on over $2 trillion in rated issuance and delivered an adjusted operating margin of 67%. MA continued its growth momentum with 8% ARR3 growth and 250 basis points of adjusted operating margin expansion. As AI adoption accelerates, it is driving demand for Moody’s decision-grade connected intelligence in high-stakes environments.”
Informational and educational content only. Not investment advice.