Moody's Corporation (MCO) Earnings Call Transcripts
Moody's Corporation's Latest Earnings Call - Q2 FY2026
In the second quarter of 2026, Moody's Corporation (MCO:US) reported a robust performance with total revenue growth of 15% year-over-year, driven by strong issuance activity and analytics demand. Adjusted diluted EPS rose 31% to $4.68, exceeding expectations. Management raised guidance for adjusted diluted EPS to a range of $16.50 to $17, reflecting confidence in ongoing market conditions and operational efficiencies, while maintaining revenue growth expectations in the high single-digit range for the fiscal year.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $1.4B (beat) |
| Adjusted EPS | $4.68 (beat) |
| Adjusted Operating Margin | 55.3% (positive) |
| ARR for Analytics | $3.7B (positive) |
| Free Cash Flow | $688M (positive) |
| Issuance Growth Outlook | mid-single-digit % (positive) |
Guidance from management
Management raised the midpoint of adjusted diluted EPS guidance to $16.75, while maintaining revenue growth expectations in the high single-digit range for the fiscal year 2026.
What analysts pressed on
Analysts expressed concerns about geopolitical risks potentially impacting issuance and market conditions. They also questioned the sustainability of growth in light of tough year-over-year comparisons in the second half of 2026.
Main topics on the call
- Strong Revenue Growth — Moody's achieved a 15% revenue growth in Q2 2026, with adjusted operating income up 25%. Management noted, "this was a quarter that demonstrated the power of the Moody's model," highlighting broad-based strength across i...
- Increased Issuance Outlook — Management upgraded the issuance growth outlook from low single-digit to mid-single-digit percent for the full year, citing strong demand across various sectors. They stated, "we're raising our issuance outlook from low ...
- Analytics Performance — Moody's Analytics (MA) reported a nearly 9% growth in ARR, with strong demand for decision-grade intelligence. Adjusted operating margin for MA expanded by 150 basis points to 33.6%, signaling effective cost management a...
- Management Transition — The appointment of Christina Kosmowski as CEO of Moody's Analytics was highlighted, with management expressing optimism about her ability to drive growth and innovation. Rob Fauber remarked, "she's already moving with th...
Read the full Moody's Corporation transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Moody's Corporation
Moody's Corporation (MCO) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 88 calls on record spanning February 12, 2020 to July 22, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 88 Moody's Corporation earnings call transcripts on record, spanning February 12, 2020 to July 22, 2026. Based on this history, Moody's Corporation reports quarterly. The most recent call on file is dated July 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- MCO
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Capital Markets
- Calls on record
- 88
- First call
- February 12, 2020
- Most recent
- July 22, 2026
- Reporting cadence
- quarterly