Revenue Recognized Over Time was Moodys’s largest revenue line in fiscal 2025, bringing in $7.00B of $12.48B (56%).
| Timing of Transfer of Good or Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Revenue Recognized Over Time | $5.34B | $5.91B | $6.39B | $7.00B | |||
| Over Time | — | — | — | — | |||
| Revenue Recognized At A Point In Time | $3.02B | $3.28B | $5.03B | $5.48B | |||
| At Point In Time | — | — | — | — | |||
| Total | $8.37B | $9.18B | $11.42B | $12.48B |
Moodys brought in $12.48B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 9.3% from $11.42B in fiscal 2024. Revenue Recognized Over Time was the largest at $7.00B (56.1%), ahead of Revenue Recognized At A Point In Time at $5.48B (43.9%).
Compared with fiscal 2024, Revenue Recognized Over Time grew 9.5% to $7.00B and Revenue Recognized At A Point In Time grew 8.9% to $5.48B. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $8.37B to $12.48B, a compound annual growth rate of 14.3%. Revenue Recognized Over Time's share of the total fell from 63.9% to 56.1%.
United States was Moodys’s largest segment in fiscal 2009, bringing in $1.84B of $3.09B (60%).
| Segment Reporting Information, by Segment, Secondary | FY 2008 | FY 2009 |
|---|---|---|
| United States | $1.82B | $1.84B |
| International | $1.21B | $1.25B |
| Total | $3.03B | $3.09B |
Moodys brought in $3.09B from its two segments in fiscal 2009, the year ended December 31, 2009. That is less than the $3.59B it reports by goodwill by segment, so these segments do not cover all of its revenue. United States was the largest at $1.84B (59.6%), ahead of International at $1.25B (40.4%).
Compared with fiscal 2008, International grew 3.6% to $1.25B and United States grew 1.2% to $1.84B.
Research, Data & Analytics (Rd&Amp;A) was Moodys’s largest segment in fiscal 2009, bringing in $827.20M of $3.59B (23%).
| Goodwill by Segment | FY 2008 | FY 2009 |
|---|---|---|
| Research, Data & Analytics (Rd&Amp;A) | $837.40M | $827.20M |
| Corporate Finance (Cfg) | $614.00M | $816.40M |
| Structured Finance (Sfg) | $809.40M | $609.80M |
| Financial Institutions (Fig) | $526.00M | $517.00M |
| Public, Project & Infrastructure Finance (Ppif) | $460.00M | $492.20M |
| Risk Management Software (Rms) | $217.60M | $290.20M |
| Professional Services | $46.40M | $41.60M |
| Total | $3.51B | $3.59B |
Moodys brought in $3.59B from its seven segments in fiscal 2009, the year ended December 31, 2009. That was up 2.4% from $3.51B in fiscal 2008. Research, Data & Analytics (Rd&Amp;A) was the largest at $827.20M (23.0%), ahead of Corporate Finance (Cfg) at $816.40M (22.7%) and Structured Finance (Sfg) at $609.80M (17.0%). The other four segments brought in $1.34B combined.
Compared with fiscal 2008, Risk Management Software (Rms) grew fastest, up 33.4% to $290.20M, while Structured Finance (Sfg) fell the most, down 24.7% to $609.80M.
Moodys (MCO) reports its revenue by timing of transfer of good or service, by segment reporting information, by segment, secondary and by goodwill by segment. In fiscal 2025, Revenue Recognized Over Time was its largest revenue line, bringing in $7.00B (56.1% of the total), followed by Revenue Recognized At A Point In Time at $5.48B (43.9%).
Revenue Recognized Over Time was Moodys' largest revenue line in fiscal 2025, bringing in $7.00B, or 56.1% of the $12.48B total across its two revenue lines.
United States was Moodys' largest segment in fiscal 2009, bringing in $1.84B, or 59.6% of the $3.09B total across its two segments.
Revenue Recognized Over Time grew faster than Revenue Recognized At A Point In Time in fiscal 2025, up 9.5% from $6.39B to $7.00B. Revenue Recognized At A Point In Time grew 8.9% to $5.48B.
Every figure comes from Moodys' annual financial filings, as reported. Each line keeps the name Moodys gives it, and years follow its fiscal calendar.
Moodys' revenue by timing of transfer of good or service goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.