Moodys MCO
NYSE MCO
$503.32 +4.55 (+0.91%)
At close: Aug 21, 2026 · 4:04 PM EDT

Moodys (MCO) Cost of Revenue (2009 - 2026)

Moodys (MCO) posted quarterly Cost of Revenue of $518.0 million for Q2 2026, up 5.93% year-over-year from $489.0 million in Q2 2025, and down 2.45% quarter-over-quarter from $531.0 million in Q1 2026.

Moodys (MCO) Cost of Revenue (2009 - 2026) Analysis & Trends

Moodys (MCO) has reported Cost of Revenue for 18 consecutive years, with $518.0 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Cost of Revenue rose 5.93% year-over-year to $518.0 million; the TTM figure through Jun 2026 stood at $2.0 billion (up 2.66% YoY), while the FY2025 annual figure was $2.0 billion, up 1.44% from the prior year.
  • Cost of Revenue slipped to $518.0 million in Q2 2026 per MCO's latest filing, from $531.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $531.0 million in Q1 2026 and bottomed at $393.0 million in Q2 2022.
  • Historically, Cost of Revenue has averaged $459.3 million across 5 years, with a median of $468.0 million in 2024.
  • Annual changes were most pronounced in 2022 — Cost of Revenue fell 15.46% — and 2024, when it climbed 24.27%.
  • Moodys' Cost of Revenue stood at $410.0 million in 2022, then rose by 2.68% to $421.0 million in 2023, then climbed by 18.05% to $497.0 million in 2024, then gained by 0.8% to $501.0 million in 2025, then increased by 3.39% to $518.0 million in 2026.
  • Business Quant data shows MCO's Cost of Revenue at $518.0 million in Q2 2026, $531.0 million in Q1 2026, and $501.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 S&P Global 127.26 Bn 123.12 Bn 2.98 Bn 1.17 Bn
2 Cme 99.13 Bn 99.13 Bn 1.65 Bn 59.90 Mn
3 Intercontinental Exchange 90.95 Bn 88.99 Bn - -
4 Moodys 87.63 Bn 86.13 Bn 1.67 Bn 518.00 Mn
5 Nasdaq 55.45 Bn 54.73 Bn 1.50 Bn 1.03 Bn
6 Coinbase Global 49.19 Bn 40.40 Bn 1.16 Bn 59.69 Mn
7 Msci 41.09 Bn 40.73 Bn 717.10 Mn 149.90 Mn
8 Cboe Global Markets 31.57 Bn 29.18 Bn 731.60 Mn 711.20 Mn
9 TransUnion 16.37 Bn 15.54 Bn 765.00 Mn 544.60 Mn
10 Factset Research Systems 10.82 Bn 10.52 Bn 310.73 Mn 312.19 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 518.00 Mn
Jun 30, 2026 518.00 Mn
Mar 31, 2026 531.00 Mn
Mar 31, 2026 531.00 Mn
Dec 31, 2025 501.00 Mn
Dec 31, 2025 501.00 Mn
Sep 30, 2025 492.00 Mn
Sep 30, 2025 492.00 Mn
Jun 30, 2025 489.00 Mn
Jun 30, 2025 489.00 Mn
Mar 31, 2025 491.00 Mn
Mar 31, 2025 491.00 Mn
Dec 31, 2024 497.00 Mn
Dec 31, 2024 497.00 Mn
Sep 30, 2024 512.00 Mn
Sep 30, 2024 512.00 Mn
Jun 30, 2024 469.00 Mn
Jun 30, 2024 469.00 Mn
Mar 31, 2024 467.00 Mn
Mar 31, 2024 467.00 Mn