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| Date | Value |
|---|---|
| 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 |