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Moody's (MCO) Transaction Revenue revenue by quarter

Moody's Transaction Revenue revenue was $722M in Q3 2026 (third quarter 2026), -20% from Q2 2026. Over the last 7 quarters it ranged from $623M (Q4 2025) to $901M (Q2 2026).

Moody's Transaction Revenue revenue by quarterMoody's Transaction Revenue revenue by quarter$769MQ1 2025$699MQ2 2025$787MQ3 2025$623MQ4 2025$807MQ1 2026$901MQ2 2026$722MQ3 2026
QuarterTransaction Revenue revenueQ/QY/Y
Q3 2026$722M-20%-8%
Q2 2026$901M+12%+29%
Q1 2026$807M+30%+5%
Q4 2025$623M-21%—
Q3 2025$787M+13%—
Q2 2025$699M-9%—
Q1 2025$769M——

Q3 2026 at a glance

Moody's, Q3 2026: revenue $2.0B (+0.8% year over year), operating margin 44.8%, net earnings $736M, operating cash flow $753M. The chart follows the revenue to costs, profit and cash.

Questions

What is Moody's Transaction Revenue revenue?

Moody's Transaction Revenue revenue was $722M in Q3 2026 (third quarter 2026), -20% from Q2 2026.

How has Moody's Transaction Revenue revenue changed?

Over the last 7 quarters it ranged from $623M (Q4 2025) to $901M (Q2 2026).

Q3 2026 results → · How Moody's makes money →