Moody’s Corporation splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Moodys Investors Service at $4.1 billion, 53% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Moodys Investors Service at $4.1 billion, 53% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
8,176
|
7,718
|
7,088
|
5,916
|
5,468
|
6,218
|
5,371
|
4,829
|
4,443
|
4,204
|
3,604
|
| Operating segments | |||||||||||
| Moodys Investors Service |
4,446
+11.7%
share 54.4%
|
4,119
+8.6%
share 53.4%
|
3,793
+32.6%
share 53.5%
|
2,860
+6.0%
share 48.3%
|
2,699
-29.2%
share 49.4%
|
3,812
share 61.3%
|
—
|
—
|
—
|
—
|
—
|
| Moodys Analytics |
3,730
+6.0%
share 45.6%
|
3,599
+9.2%
share 46.6%
|
3,295
+7.8%
share 46.5%
|
3,056
+10.4%
share 51.7%
|
2,769
+15.1%
share 50.6%
|
2,406
+15.7%
share 38.7%
|
2,079
+6.4%
share 38.7%
|
1,954
+12.9%
share 40.5%
|
1,731
+21.0%
share 39.0%
|
1,430
share 34.0%
|
—
|
| Sales mix | |||||||||||
| Moodys Investors Service |
4,446
+11.7%
share 54.4%
|
4,119
+8.6%
share 53.4%
|
3,793
+32.6%
share 53.5%
|
2,860
+6.0%
share 48.3%
|
2,699
-29.2%
share 49.4%
|
3,812
share 61.3%
|
—
|
—
|
—
|
—
|
—
|
| Recurring Revenue |
3,665
+8.8%
share 44.8%
|
3,462
+10.8%
share 44.9%
|
3,125
+9.4%
share 44.1%
|
2,857
+9.9%
share 48.3%
|
2,599
+16.2%
share 47.5%
|
2,236
+101.4%
share 36.0%
|
1,110
+4.1%
share 20.7%
|
1,066
+3.9%
share 22.1%
|
1,026
+6.2%
share 23.1%
|
966
share 23.0%
|
—
|
| Transaction Revenue |
65
-56.7%
share 0.8%
|
137
-19.4%
share 1.8%
|
170
-14.6%
share 2.4%
|
199
+17.1%
share 3.4%
|
170
+0.0%
share 3.1%
|
170
-92.2%
share 2.7%
|
2,182
+20.6%
share 40.6%
|
1,809
+7.3%
share 37.5%
|
1,686
-6.7%
share 37.9%
|
1,808
share 43.0%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Services-Consumer Credit Reporting, Collection Agencies (SIC 7320)
- Listed as
- MCO (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- New York, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1059556
- Former names
- DUN & BRADSTREET CORP /DE/ (until Feb 4, 2000); NEW DUN & BRADSTREET CORP (until Jun 26, 1998)
Other Services-Consumer Credit Reporting, Collection Agencies companies
- S&P Global Inc. SPGI
- Equifax Inc EFX
- TransUnion TRU
- Creditriskmonitor Com Inc CRMZ
All 5 Services-Consumer Credit Reporting, Collection Agencies companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.