KPIs & Operating Metrics(New)
Growth Metrics

Moodys (MCO) Operating Expenses (2016 - 2025)

Moodys (MCO) has disclosed Operating Expenses for 17 consecutive years, with $1.1 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 0.72% to $1.1 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $4.4 billion, a 3.66% increase, with the full-year FY2025 number at $4.4 billion, up 3.66% from a year prior.
  • Operating Expenses was $1.1 billion for Q4 2025 at Moodys, up from $1.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q4 2025 to a low of $747.0 million in Q1 2021.
  • A 5-year average of $965.9 million and a median of $983.0 million in 2022 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: grew 21.16% in 2021, then decreased 4.0% in 2022.
  • Moodys' Operating Expenses stood at $1.0 billion in 2021, then fell by 4.0% to $984.0 million in 2022, then dropped by 0.2% to $982.0 million in 2023, then increased by 13.14% to $1.1 billion in 2024, then rose by 0.72% to $1.1 billion in 2025.
  • Per Business Quant, the three most recent readings for MCO's Operating Expenses are $1.1 billion (Q4 2025), $1.1 billion (Q3 2025), and $1.1 billion (Q2 2025).