{ "ticker": "MCO", "cik": "0001059556", "company": "Moody's Corporation", "business_type": "information services (credit ratings and risk analytics)", "schema_template": "standard services template without cost of revenue or gross profit (Moody's reports operating and SG&A expenses rather than a cost of revenue line), plus the two reportable segments (Moody's Analytics and Moody's Investors Service) with their Adjusted Operating Income as reported in the segment note", "reporting_currency": "USD", "converted_to_usd": false, "units": "actual US dollars (not millions); per-share amounts in dollars; share counts in actual shares", "units_notes_seen": { "FY2025 10-K consolidated statements of operations": "(Amounts in millions, except per share data)", "FY2025 10-K consolidated balance sheets": "(Amounts in millions, except share and per share data)", "FY2025 10-K consolidated statements of cash flows": "(Amounts in millions)", "FY2025 10-K consolidated statements of shareholders' equity": "(Amounts in millions, except per share data)", "FY2025 10-K segment information (Note 20)": "no separate units note on the segment table; it ties to the consolidated statements of operations, which are in millions (FY2025 consolidated revenue 7,718 = $7.718 billion)", "Q3 2026 10-Q consolidated statements of operations": "(Amounts in millions, except per share data)", "Q3 2026 10-Q consolidated balance sheets": "(Amounts in millions, except share and per share data)", "Q3 2026 10-Q consolidated statements of cash flows": "(Amounts in millions)", "Q3 2026 10-Q consolidated statements of shareholders' equity": "(Amounts in millions, except per share data)", "Q3 2026 10-Q segment information (Note 16)": "no separate units note on the segment table; it ties to the consolidated statements of operations, which are in millions (Q3 2026 consolidated revenue 2,023 = $2.023 billion)" }, "adjustments": { "splits_applied": [], "adr_ratio": null, "fx": "none; Moody's reports in US dollars" }, "annual": [ { "fiscal_year": 2025, "label": "FY2025", "period_start": "2025-01-01", "period_end": "2025-12-31", "period_type": "fiscal year", "source_accession": "0001628280-26-009136", "income_statement": { "revenue": 7718000000, "operating_expenses": 1973000000, "selling_general_and_administrative": 1803000000, "depreciation_and_amortization": 480000000, "restructuring": 108000000, "charges_related_to_asset_abandonment": 3000000, "total_expenses": 4367000000, "operating_income": 3351000000, "interest_expense_net": -213000000, "other_non_operating_income_expense_net": -31000000, "gain_on_divestiture_of_business": 23000000, "total_non_operating_income_expense_net": -221000000, "income_before_income_taxes": 3130000000, "provision_for_income_taxes": 668000000, "net_income": 2462000000, "net_income_attributable_to_noncontrolling_interests": 3000000, "net_income_attributable_to_moodys": 2459000000, "basic_eps": 13.73, "diluted_eps": 13.67, "basic_shares": 179100000, "diluted_shares": 179900000 }, "shareholder_returns": { "dividends_declared_per_share": 3.76 }, "balance_sheet": { "cash_and_cash_equivalents": 2384000000, "short_term_investments": 64000000, "accounts_receivable_net": 2024000000, "total_current_assets": 5186000000, "goodwill": 6368000000, "intangible_assets_net": 1866000000, "total_assets": 15830000000, "deferred_revenue_current": 1582000000, "total_current_liabilities": 2981000000, "current_portion_of_long_term_debt": 0, "long_term_debt": 6994000000, "total_liabilities": 11625000000, "treasury_stock_at_cost": -14978000000, "total_moodys_shareholders_equity": 4054000000, "noncontrolling_interests": 151000000, "total_shareholders_equity": 4205000000, "total_debt": 6994000000 }, "cash_flow": { "stock_based_compensation": 232000000, "operating_cash_flow": 2901000000, "capital_expenditures": -326000000, "investing_cash_flow": 2000000, "acquisitions_net_of_cash_acquired": -227000000, "issuance_of_notes": 0, "repayment_of_notes": -700000000, "share_repurchases": -1607000000, "dividends_paid": -701000000, "financing_cash_flow": -3063000000, "free_cash_flow": 2575000000 }, "segments": { "moodys_analytics": { "external_revenue": 3599000000, "revenue_including_intersegment": 3611000000, "adjusted_operating_income": 1196000000 }, "moodys_investors_service": { "external_revenue": 4119000000, "revenue_including_intersegment": 4317000000, "adjusted_operating_income": 2746000000 }, "total": { "adjusted_operating_income": 3942000000 } } }, { "fiscal_year": 2024, "label": "FY2024", "period_start": "2024-01-01", "period_end": "2024-12-31", "period_type": "fiscal year", "source_accession": "0001628280-26-009136", "income_statement": { "revenue": 7088000000, "operating_expenses": 1945000000, "selling_general_and_administrative": 1735000000, "depreciation_and_amortization": 431000000, "restructuring": 59000000, "charges_related_to_asset_abandonment": 43000000, "total_expenses": 4213000000, "operating_income": 2875000000, "interest_expense_net": -237000000, "other_non_operating_income_expense_net": 61000000, "gain_on_divestiture_of_business": 0, "total_non_operating_income_expense_net": -176000000, "income_before_income_taxes": 2699000000, "provision_for_income_taxes": 640000000, "net_income": 2059000000, "net_income_attributable_to_noncontrolling_interests": 1000000, "net_income_attributable_to_moodys": 2058000000, "basic_eps": 11.32, "diluted_eps": 11.26, "basic_shares": 181800000, "diluted_shares": 182700000 }, "shareholder_returns": { "dividends_declared_per_share": 3.4 }, "balance_sheet": { "cash_and_cash_equivalents": 2408000000, "short_term_investments": 566000000, "accounts_receivable_net": 1801000000, "total_current_assets": 5290000000, "goodwill": 5994000000, "intangible_assets_net": 1890000000, "total_assets": 15505000000, "deferred_revenue_current": 1454000000, "total_current_liabilities": 3597000000, "current_portion_of_long_term_debt": 697000000, "long_term_debt": 6731000000, "total_liabilities": 11778000000, "treasury_stock_at_cost": -13322000000, "total_moodys_shareholders_equity": 3565000000, "noncontrolling_interests": 162000000, "total_shareholders_equity": 3727000000, "total_debt": 7428000000 }, "cash_flow": { "stock_based_compensation": 220000000, "operating_cash_flow": 2838000000, "capital_expenditures": -317000000, "investing_cash_flow": -1056000000, "acquisitions_net_of_cash_acquired": -221000000, "issuance_of_notes": 496000000, "repayment_of_notes": 0, "share_repurchases": -1292000000, "dividends_paid": -620000000, "financing_cash_flow": -1446000000, "free_cash_flow": 2521000000 }, "segments": { "moodys_analytics": { "external_revenue": 3295000000, "revenue_including_intersegment": 3308000000, "adjusted_operating_income": 1014000000 }, "moodys_investors_service": { "external_revenue": 3793000000, "revenue_including_intersegment": 3986000000, "adjusted_operating_income": 2394000000 }, "total": { "adjusted_operating_income": 3408000000 } } }, { "fiscal_year": 2023, "label": "FY2023", "period_start": "2023-01-01", "period_end": "2023-12-31", "period_type": "fiscal year", "source_accession": "0001628280-26-009136", "income_statement": { "revenue": 5916000000, "operating_expenses": 1687000000, "selling_general_and_administrative": 1632000000, "depreciation_and_amortization": 373000000, "restructuring": 87000000, "charges_related_to_asset_abandonment": 0, "total_expenses": 3779000000, "operating_income": 2137000000, "interest_expense_net": -251000000, "other_non_operating_income_expense_net": 49000000, "gain_on_divestiture_of_business": 0, "total_non_operating_income_expense_net": -202000000, "income_before_income_taxes": 1935000000, "provision_for_income_taxes": 327000000, "net_income": 1608000000, "net_income_attributable_to_noncontrolling_interests": 1000000, "net_income_attributable_to_moodys": 1607000000, "basic_eps": 8.77, "diluted_eps": 8.73, "basic_shares": 183200000, "diluted_shares": 184000000 }, "shareholder_returns": { "dividends_declared_per_share": 3.08 }, "cash_flow": { "stock_based_compensation": 193000000, "operating_cash_flow": 2151000000, "capital_expenditures": -271000000, "investing_cash_flow": -247000000, "acquisitions_net_of_cash_acquired": -3000000, "issuance_of_notes": 0, "repayment_of_notes": -500000000, "share_repurchases": -490000000, "dividends_paid": -564000000, "financing_cash_flow": -1584000000, "free_cash_flow": 1880000000 }, "segments": { "moodys_analytics": { "external_revenue": 3056000000, "revenue_including_intersegment": 3069000000, "adjusted_operating_income": 937000000 }, "moodys_investors_service": { "external_revenue": 2860000000, "revenue_including_intersegment": 3046000000, "adjusted_operating_income": 1660000000 }, "total": { "adjusted_operating_income": 2597000000 } } } ], "quarterly": [ { "fiscal_year": 2026, "fiscal_quarter": 3, "label": "Q3 FY2026", "period_start": "2026-07-01", "period_end": "2026-09-30", "period_type": "three months", "source_accession": "0001628280-26-066731", "income_statement": { "revenue": 2023000000, "operating_expenses": 524000000, "selling_general_and_administrative": 442000000, "depreciation_and_amortization": 124000000, "restructuring": 27000000, "charges_related_to_asset_abandonment": 0, "total_expenses": 1117000000, "operating_income": 906000000, "interest_expense_net": -54000000, "other_non_operating_income_expense_net": 1000000, "gain_on_divestiture_of_business": 115000000, "total_non_operating_income_expense_net": 62000000, "income_before_income_taxes": 968000000, "provision_for_income_taxes": 232000000, "net_income": 736000000, "net_income_attributable_to_noncontrolling_interests": 2000000, "net_income_attributable_to_moodys": 734000000, "basic_eps": 4.25, "diluted_eps": 4.24, "basic_shares": 172800000, "diluted_shares": 173300000 }, "balance_sheet": { "cash_and_cash_equivalents": 1513000000, "short_term_investments": 108000000, "accounts_receivable_net": 1830000000, "total_current_assets": 4224000000, "goodwill": 6304000000, "intangible_assets_net": 1694000000, "total_assets": 14830000000, "deferred_revenue_current": 1402000000, "total_current_liabilities": 3282000000, "current_portion_of_long_term_debt": 568000000, "long_term_debt": 6343000000, "total_liabilities": 11418000000, "treasury_stock_at_cost": -17593000000, "total_moodys_shareholders_equity": 3268000000, "noncontrolling_interests": 144000000, "total_shareholders_equity": 3412000000, "total_debt": 6911000000 }, "segments": { "moodys_analytics": { "external_revenue": 936000000, "revenue_including_intersegment": 939000000, "adjusted_operating_income": 331000000 }, "moodys_investors_service": { "external_revenue": 1087000000, "revenue_including_intersegment": 1138000000, "adjusted_operating_income": 733000000 }, "total": { "adjusted_operating_income": 1064000000 } }, "shareholder_returns": { "dividends_declared_per_share": 1.03 } }, { "fiscal_year": 2025, "fiscal_quarter": 3, "label": "Q3 FY2025", "period_start": "2025-07-01", "period_end": "2025-09-30", "period_type": "three months", "source_accession": "0001628280-26-066731", "income_statement": { "revenue": 2007000000, "operating_expenses": 492000000, "selling_general_and_administrative": 453000000, "depreciation_and_amortization": 123000000, "restructuring": 21000000, "charges_related_to_asset_abandonment": 1000000, "total_expenses": 1090000000, "operating_income": 917000000, "interest_expense_net": -58000000, "other_non_operating_income_expense_net": 8000000, "gain_on_divestiture_of_business": 0, "total_non_operating_income_expense_net": -50000000, "income_before_income_taxes": 867000000, "provision_for_income_taxes": 220000000, "net_income": 647000000, "net_income_attributable_to_noncontrolling_interests": 1000000, "net_income_attributable_to_moodys": 646000000, "basic_eps": 3.61, "diluted_eps": 3.6, "basic_shares": 178900000, "diluted_shares": 179600000 }, "segments": { "moodys_analytics": { "external_revenue": 909000000, "revenue_including_intersegment": 912000000, "adjusted_operating_income": 313000000 }, "moodys_investors_service": { "external_revenue": 1098000000, "revenue_including_intersegment": 1148000000, "adjusted_operating_income": 749000000 }, "total": { "adjusted_operating_income": 1062000000 } }, "shareholder_returns": { "dividends_declared_per_share": 0.94 } } ], "year_to_date": { "label": "Nine months ended September 30, 2026", "period_start": "2026-01-01", "period_end": "2026-09-30", "period_type": "nine months", "source_accession": "0001628280-26-066731", "prior_year_comparative": { "label": "Nine months ended September 30, 2025", "period_start": "2025-01-01", "period_end": "2025-09-30", "period_type": "nine months", "source_accession": "0001628280-26-066731", "income_statement": { "revenue": 5829000000, "operating_expenses": 1472000000, "selling_general_and_administrative": 1335000000, "depreciation_and_amortization": 356000000, "restructuring": 81000000, "charges_related_to_asset_abandonment": 4000000, "total_expenses": 3248000000, "operating_income": 2581000000, "interest_expense_net": -180000000, "other_non_operating_income_expense_net": 42000000, "gain_on_divestiture_of_business": 0, "total_non_operating_income_expense_net": -138000000, "income_before_income_taxes": 2443000000, "provision_for_income_taxes": 592000000, "net_income": 1851000000, "net_income_attributable_to_noncontrolling_interests": 2000000, "net_income_attributable_to_moodys": 1849000000, "basic_eps": 10.3, "diluted_eps": 10.26, "basic_shares": 179500000, "diluted_shares": 180200000 }, "cash_flow": { "stock_based_compensation": 174000000, "operating_cash_flow": 2043000000, "capital_expenditures": -245000000, "acquisitions_net_of_cash_acquired": -227000000, "investing_cash_flow": 44000000, "repayment_of_notes": -700000000, "share_repurchases": -1170000000, "dividends_paid": -534000000, "financing_cash_flow": -2454000000, "free_cash_flow": 1798000000 }, "segments": { "moodys_analytics": { "external_revenue": 2656000000, "revenue_including_intersegment": 2665000000, "adjusted_operating_income": 858000000 }, "moodys_investors_service": { "external_revenue": 3173000000, "revenue_including_intersegment": 3322000000, "adjusted_operating_income": 2164000000 }, "total": { "adjusted_operating_income": 3022000000 } }, "shareholder_returns": { "dividends_declared_per_share": 2.82 } }, "income_statement": { "revenue": 6287000000, "operating_expenses": 1573000000, "selling_general_and_administrative": 1382000000, "depreciation_and_amortization": 372000000, "restructuring": 86000000, "charges_related_to_asset_abandonment": 0, "total_expenses": 3413000000, "operating_income": 2874000000, "interest_expense_net": -178000000, "other_non_operating_income_expense_net": 17000000, "gain_on_divestiture_of_business": 296000000, "total_non_operating_income_expense_net": 135000000, "income_before_income_taxes": 3009000000, "provision_for_income_taxes": 733000000, "net_income": 2276000000, "net_income_attributable_to_noncontrolling_interests": 3000000, "net_income_attributable_to_moodys": 2273000000, "basic_eps": 13.02, "diluted_eps": 12.98, "basic_shares": 174600000, "diluted_shares": 175100000 }, "cash_flow": { "stock_based_compensation": 175000000, "operating_cash_flow": 2471000000, "capital_expenditures": -271000000, "acquisitions_net_of_cash_acquired": -23000000, "investing_cash_flow": -130000000, "repayment_of_notes": 0, "share_repurchases": -2553000000, "dividends_paid": -543000000, "financing_cash_flow": -3190000000, "free_cash_flow": 2200000000 }, "segments": { "moodys_analytics": { "external_revenue": 2787000000, "revenue_including_intersegment": 2796000000, "adjusted_operating_income": 945000000 }, "moodys_investors_service": { "external_revenue": 3500000000, "revenue_including_intersegment": 3654000000, "adjusted_operating_income": 2432000000 }, "total": { "adjusted_operating_income": 3377000000 } }, "shareholder_returns": { "dividends_declared_per_share": 3.09 } }, "trailing_twelve_months": { "label": "Twelve months ended September 30, 2026", "period_start": "2025-10-01", "period_end": "2026-09-30", "period_type": "trailing twelve months (derived)", "source_accession": "0001628280-26-066731", "source_accessions": [ "0001628280-26-009136", "0001628280-26-066731" ], "derivation": "FY2025 (10-K) plus the nine months ended September 30, 2026, less the nine months ended September 30, 2025 (both from the Q3 2026 10-Q)", "income_statement": { "revenue": 8176000000, "operating_income": 3644000000, "net_income": 2887000000, "net_income_attributable_to_moodys": 2883000000 }, "cash_flow": { "operating_cash_flow": 3329000000, "capital_expenditures": -352000000, "free_cash_flow": 2977000000 } }, "notes": [ "Annual figures for FY2025, FY2024 and FY2023 are taken from the consolidated statements of operations and cash flows in Moody's FY2025 Form 10-K (accession 0001628280-26-009136). The 10-K's balance sheet presents only December 31, 2025 and December 31, 2024, so FY2023 carries no balance sheet.", "Quarterly figures for the three months ended September 30, 2026 and September 30, 2025, and the nine-month figures in the year-to-date block, are taken from the Q3 2026 Form 10-Q (accession 0001628280-26-066731). The September 30, 2026 balance sheet sits with the Q3 FY2026 quarter; the 10-Q's December 31, 2025 balance sheet column matches the FY2025 10-K figures exactly and is not repeated.", "Moody's does not report a cost of revenue or gross profit. Its expenses are presented as Operating; Selling, general and administrative; Depreciation and amortization; Restructuring; and Charges related to asset abandonment, so no gross margin is shown.", "net_income is consolidated net income including noncontrolling interests; net_income_attributable_to_moodys is the figure earnings per share is based on. Share counts are weighted-average shares, which the statements print in millions.", "The 10-K labels the non-operating gain 'Gain on divestiture of business' (the sale of the MA Learning Solutions business, completed in the fourth quarter of 2025) and the 10-Q labels it 'Gain on business divestitures'; both appear as gain_on_divestiture_of_business. The nine months ended September 30, 2026 include $296 million of gains on business divestitures, mainly from the sale of the MA Regulatory Solutions business (completed in the second quarter of 2026); $115 million of them fell in the third quarter, all from that sale. These gains lift pre-tax and net income relative to operating income.", "Likewise, the 10-K's 'Other non-operating (expense) income, net' and the 10-Q's 'Other non-operating income, net' appear as other_non_operating_income_expense_net, and the non-operating subtotal appears as total_non_operating_income_expense_net (negative is a net expense).", "capital_expenditures is the cash flow statement line 'Capital additions'. Cash outflows are shown as negative numbers, as the statements print them.", "free_cash_flow is net cash provided by operating activities less capital additions, which is how Moody's defines Free Cash Flow (a non-GAAP measure) in its Q3 2026 earnings release (accession 0001628280-26-066594). The release's figures of $2,200 million for the nine months ended September 30, 2026 and $1,798 million for the same period of 2025 match this calculation. The annual and trailing-twelve-month free cash flow figures are calculated the same way.", "total_debt is the current portion of long-term debt plus long-term debt as shown on the balance sheet. It excludes operating lease liabilities.", "share_repurchases is the cash flow statement line 'Treasury shares'. dividends_paid is cash dividends paid to Moody's shareholders and excludes dividends to noncontrolling interests. dividends_declared_per_share comes from the statements of shareholders' equity and, for full years, from the 10-K's dividends table (declared column).", "Segment figures are from the segment note (Note 20 of the 10-K; Note 16 of the 10-Q). external_revenue sums to consolidated revenue. revenue_including_intersegment adds fees charged between the two segments, which are eliminated on consolidation. Adjusted Operating Income is the profit measure Moody's chief operating decision maker uses. It excludes depreciation and amortization, restructuring and certain other charges, so it does not equal GAAP operating income.", "The trailing-twelve-month block (October 1, 2025 to September 30, 2026) is calculated as FY2025 from the 10-K, plus the nine months ended September 30, 2026, less the nine months ended September 30, 2025, both from the 10-Q. No per-share figure is given for it because earnings per share cannot be added across periods with different share counts.", "No stock split occurred in the periods covered, Moody's common stock is not an ADR, and all figures are reported in US dollars, so no split, ADR or currency adjustment was applied." ], "uncertainties": [ "Quarterly cash flow figures are not shown. The Q3 2026 10-Q's cash flow statement covers only the nine-month periods, and the Q3 2026 earnings release also reports cash flow only on a nine-month basis, so no three-month operating cash flow, capital expenditures or free cash flow is printed for either third quarter. Cash flow figures appear in the year-to-date block instead.", "No balance sheet is shown for the Q3 FY2025 quarter because the Q3 2026 10-Q does not present a September 30, 2025 balance sheet." ], "headline": { "period": "Q3 FY2026", "period_end_words": "September 30, 2026", "metrics": [ { "label": "Revenue", "format": "usd", "value": 2023000000, "text": "$2.02 billion", "exact": "$2,023,000,000", "compact": "$2.02B", "abs": "$2.02 billion", "prior_value": 2007000000, "prior": "$2.01 billion", "priorabs": "$2.01 billion", "yoy": "up 0.8%", "source": { "array": "quarterly", "field": "income_statement.revenue", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-09-30", "period_start": "2026-07-01", "span_days": 91, "source_accession": "0001628280-26-066731", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-09-30", "prior_period_start": "2025-07-01", "prior_span_days": 91, "prior_source_accession": "0001628280-26-066731", "gap_days": 365 } }, { "label": "Net income", "format": "usd", "value": 734000000, "text": "$734 million", "exact": "$734,000,000", "compact": "$734.00M", "abs": "$734 million", "prior_value": 646000000, "prior": "$646 million", "priorabs": "$646 million", "yoy": "up 13.6%", "source": { "array": "quarterly", "field": "income_statement.net_income_attributable_to_moodys", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-09-30", "period_start": "2026-07-01", "span_days": 91, "source_accession": "0001628280-26-066731", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-09-30", "prior_period_start": "2025-07-01", "prior_span_days": 91, "prior_source_accession": "0001628280-26-066731", "gap_days": 365 } }, { "label": "Diluted EPS", "format": "eps", "value": 4.24, "text": "$4.24", "exact": "$4.24", "compact": "$4.24", "abs": "$4.24", "prior_value": 3.6, "prior": "$3.60", "priorabs": "$3.60", "yoy": "up 17.8%", "source": { "array": "quarterly", "field": "income_statement.diluted_eps", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-09-30", "period_start": "2026-07-01", "span_days": 91, "source_accession": "0001628280-26-066731", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-09-30", "prior_period_start": "2025-07-01", "prior_span_days": 91, "prior_source_accession": "0001628280-26-066731", "gap_days": 365 } }, { "label": "Operating income", "format": "usd", "value": 906000000, "text": "$906 million", "exact": "$906,000,000", "compact": "$906.00M", "abs": "$906 million", "prior_value": 917000000, "prior": "$917 million", "priorabs": "$917 million", "yoy": "down 1.2%", "source": { "array": "quarterly", "field": "income_statement.operating_income", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-09-30", "period_start": "2026-07-01", "span_days": 91, "source_accession": "0001628280-26-066731", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-09-30", "prior_period_start": "2025-07-01", "prior_span_days": 91, "prior_source_accession": "0001628280-26-066731", "gap_days": 365 } }, { "label": "Gain on business divestitures", "format": "usd", "value": 115000000, "text": "$115 million", "exact": "$115,000,000", "compact": "$115.00M", "abs": "$115 million", "prior_value": null, "prior": null, "priorabs": null, "yoy": null, "source": { "array": "quarterly", "field": "income_statement.gain_on_divestiture_of_business", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-09-30", "period_start": "2026-07-01", "span_days": 91, "source_accession": "0001628280-26-066731" } } ], "summary": "Moody's Corporation reported revenue of $2.02 billion for Q3 FY2026, the quarter ended September 30, 2026, up 0.8% from a year earlier, and net income attributable to Moody's of $734 million, up 13.6%. Operating income was $906 million, down 1.2%, so the rise in profit came from a $115 million gain on business divestitures recorded below operating income, which the year-ago quarter did not have. Diluted earnings per share were $4.24, up 17.8%, growing faster than net income because the diluted share count was lower after share repurchases.", "qa": [ { "q": "How much revenue did Moody's report in Q3 FY2026?", "a": "Moody's Corporation reported revenue of $2.02 billion for Q3 FY2026, the quarter ended September 30, 2026. That is up 0.8% from $2.01 billion in the same quarter a year earlier." }, { "q": "What was Moody's net income in Q3 FY2026?", "a": "Net income attributable to Moody's Corporation was $734 million for Q3 FY2026, up 13.6% from $646 million a year earlier. The quarter included a $115 million gain on business divestitures, recorded outside operating income." }, { "q": "What were Moody's earnings per share in Q3 FY2026?", "a": "Moody's Corporation earned $4.24 per diluted share in Q3 FY2026, up 17.8% from $3.60 a year earlier, helped by a divestiture gain and a lower diluted share count." }, { "q": "Did Moody's operating income grow in Q3 FY2026?", "a": "No. Moody's Corporation reported operating income of $906 million for Q3 FY2026, down 1.2% from $917 million a year earlier, as expenses grew faster than revenue. Net income still rose because of a $115 million gain on business divestitures." } ] }, "company_details": { "Name": "Moodys Corp /De/", "Ticker": "MCO", "CIK": "0001059556", "Exchange": "NYSE", "State": "New York", "Incorporation": "Delaware", "SIC": "7320", "Office": "Trade & Services", "Industry": "Services-Consumer Credit Reporting, Collection Agencies" }, "next_filing": { "predicted_date": "2027-02-17", "predicted_type": "10-K" }, "fiscal_period": { "fiscal_year": 2026, "fiscal_period": "Q3", "tag": "FY26Q3", "period_end": "2026-09-30", "form": "10-Q", "accession": "0001628280-26-066731", "fiscal_year_end": "1231", "source": "facts" }, "source_filings": [ { "role": "annual", "current": false, "form": "10-K", "fiscal_year": 2025, "fiscal_period": "FY", "tag": "FY25", "period_end": "2025-12-31", "filed": "2026-02-18", "accession": "0001628280-26-009136", "url": "https://www.sec.gov/Archives/edgar/data/1059556/000162828026009136/mco-20251231.htm", "source": "reported" }, { "role": "quarterly", "current": true, "form": "10-Q", "fiscal_year": 2026, "fiscal_period": "Q3", "tag": "FY26Q3", "period_end": "2026-09-30", "filed": "2026-10-21", "accession": "0001628280-26-066731", "url": "https://www.sec.gov/Archives/edgar/data/1059556/000162828026066731/mco-20260930.htm", "source": "facts" } ], "figure_sources": { "about": "Where each figure in this file is printed in its SEC filing. 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A figure with no entry is not printed in a tagged filing, either because it was calculated (margins, free cash flow, trailing twelve months, a quarter derived by subtraction) or because it comes from an untagged earnings release.", "documents": { "d1": "https://www.sec.gov/Archives/edgar/data/1059556/000162828026009136/mco-20251231.htm", "d2": "https://www.sec.gov/Archives/edgar/data/1059556/000162828026066731/mco-20260930.htm" }, "annual": [ { "period_end": "2025-12-31", "income_statement": { "revenue": "d1#f-60", "operating_expenses": "d1#f-63", "selling_general_and_administrative": "d1#f-66", "depreciation_and_amortization": "d1#f-69", "restructuring": "d1#f-72", "charges_related_to_asset_abandonment": "d1#f-75", "total_expenses": "d1#f-78", "operating_income": "d1#f-81", "interest_expense_net": "d1#f-84", "other_non_operating_income_expense_net": "d1#f-87", "gain_on_divestiture_of_business": "d1#f-90", "total_non_operating_income_expense_net": "d1#f-93", 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