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-on-year from $489.0 million in Q2 2025, and down 2.45% on a QoQ basis 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.

  • Quarterly Cost of Revenue rose 5.93% year-over-year to $518.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.0 billion (up 2.66% YoY) and the FY2025 annual result came in at $2.0 billion, up 1.44% from the prior year.
  • Cost of Revenue fell to $518.0 million in Q2 2026 per MCO's latest filing, from $531.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for MCO reached as high as $531.0 million in Q1 2026 and fell as low as $393.0 million in Q2 2022.
  • A 5-year average of $459.3 million and a median of $468.0 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue decreased 15.46% — and 2024, when it increased 24.27%.
  • Year by year, Cost of Revenue stood at $410.0 million in 2022, then climbed by 2.68% to $421.0 million in 2023, then rose by 18.05% to $497.0 million in 2024, then grew by 0.8% to $501.0 million in 2025, then advanced by 3.39% to $518.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $518.0 million, $531.0 million, and $501.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn 1.24 Bn
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 59.90 Mn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 518.00 Mn
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - -
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 1.03 Bn
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn 83.91 Mn
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 149.90 Mn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 5.80 Mn
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 519.50 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