Moody's Reports Q3 2026 Results with Growth in Analytics and Investment Grade Issuance
Moody's Corporation reported third-quarter revenue of $2.02 billion, a 1% year-over-year increase, driven by strong performance in its Analytics segment and investment grade issuance. While Moody's Analytics (MA) saw an 8% organic growth in constant currency, the Ratings (MIS) segment faced headwinds from a significant decline in high yield and bank loan revenue due to softer leveraged finance market conditions. The company highlighted significant momentum in AI-related digital infrastructure issuance, which grew fourfold compared to the prior year. Despite macroeconomic uncertainties and potential volatility surrounding global conflicts and the U.S. election cycle, Moody's maintains a strong liquidity position with $2.2 billion in year-to-date free cash flow and plans to reach up to $3.0 billion in share repurchases by year-end.
Topics: Annualized Recurring Revenue EPS Free Cash Flow Revenue Growth Share Repurchases