Moody's revenue and financials
$451.56Change from previous close: +0.76%Absolute change: +$3.41
In the fiscal year ended December 2025, Moody's reported revenue of $7.72B (+8.89% year over year). Net income was $2.46B, a net margin of 31.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +8.89%
- 2025 vs 2024
- Net income growth
- +19.48%
- 2025 vs 2024
- Net margin
- 31.9%
- 2024: 29.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7,718 | 7,088 | 5,916 | 5,468 | 6,218 | 5,371 | 4,829 | 4,443 | 4,204 | 3,604 |
| Cost of revenue | 1,973 | 1,945 | 1,687 | 1,613 | 1,637 | 1,475 | 1,387 | 1,246 | 1,216 | — |
| Gross profit | 5,745 | 5,143 | 4,229 | 3,855 | 4,581 | — | — | — | — | — |
| Selling, general and administrative | 1,797 | 1,731 | 1,623 | 1,520 | 1,487 | — | — | — | — | — |
| Research and development | — | — | — | — | — | — | — | 51.1 | 42.0 | 40.1 |
| Operating income | 3,351 | 2,875 | 2,137 | 1,883 | 2,844 | 2,388 | 1,998 | 1,868 | 1,821 | 651 |
| EBIT | 3,468 | 2,981 | 2,233 | 2,004 | 2,837 | — | — | — | — | — |
| EBITDA | 3,737 | 3,232 | 2,485 | 2,256 | 3,094 | — | — | — | — | — |
| Interest expense | 266 | 313 | 318 | 229 | 185 | — | — | — | — | — |
| Pre-tax income | 3,130 | 2,699 | 1,935 | 1,760 | 2,755 | — | — | — | — | — |
| Income tax | 668 | 640 | 327 | 386 | 541 | 452 | 381 | 352 | 779 | 282 |
| Net income | 2,459 | 2,058 | 1,607 | 1,374 | 2,214 | 1,778 | 1,422 | 1,310 | 1,001 | 267 |
| Net income to common shareholders | 2,459 | 2,058 | 1,607 | 1,374 | 2,214 | — | — | — | — | — |
| Basic EPS | 13.73 | 11.32 | 8.77 | 7.47 | 11.88 | 9.48 | 7.51 | 6.84 | 5.24 | 1.38 |
| Diluted EPS | 13.67 | 11.26 | 8.73 | 7.44 | 11.78 | 9.39 | 7.42 | 6.74 | 5.15 | 1.36 |
| Average shares (basic) | 179 | 182 | 183 | 184 | 186 | — | — | — | — | — |
| Average shares (diluted) | 180 | 183 | 184 | 185 | 188 | 189 | 192 | 194 | 194 | 195 |
| Dividend per share | 3.76 | 3.40 | 3.08 | 2.80 | 2.48 | — | — | — | — | — |