KPIs & Operating Metrics(New)
Growth Metrics

Moodys (MCO) Operating Expenses (2016 - 2026)

Moodys has reported Operating Expenses over the past 18 years, most recently at $1.2 billion for Q1 2026.

  • Quarterly Operating Expenses rose 7.33% to $1.2 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $4.4 billion through Mar 2026, up 3.25% year-over-year, with the annual reading at $4.4 billion for FY2025, 3.66% up from the prior year.
  • Operating Expenses was $1.2 billion for Q1 2026 at Moodys, up from $1.1 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.2 billion in Q1 2026 and troughed at $862.0 million in Q3 2022.
  • The 5-year median for Operating Expenses is $985.0 million (2024), against an average of $1.0 billion.
  • Peak annual rise in Operating Expenses hit 16.09% in 2022, while the deepest fall reached 4.0% in 2022.
  • Tracing MCO's Operating Expenses over 5 years: stood at $984.0 million in 2022, then decreased by 0.2% to $982.0 million in 2023, then rose by 13.14% to $1.1 billion in 2024, then grew by 0.72% to $1.1 billion in 2025, then increased by 3.4% to $1.2 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $1.2 billion, $1.1 billion, and $1.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.