Moody's fourth quarter 2025 revenue beat estimates, driven by record Investors Service results and strong debt issuance.

Moody's Corporation reported fourth quarter revenue of $1.9 billion, a 13% year-over-year increase that slightly beat consensus estimates of $1.88 billion. Diluted EPS came in at $3.41, a 57% increase from the prior year but a slight miss against the $3.46 estimate. For the full year 2025, the company delivered revenue of $7.7 billion and diluted EPS of $13.67.

Key Highlights

• The Moody’s Investors Service (MIS) segment reported its strongest fourth quarter on record, with revenue growing 17% to $946 million, driven by robust investment-grade corporate debt issuance.
• The Moody's Analytics (MA) segment grew revenue by 9% to $943 million, supported by an 11% increase in recurring revenue, which now comprises 97% of the segment's total.
• Moody's issued its full-year 2026 outlook, projecting diluted EPS in the range of $15.00 to $15.60 and adjusted diluted EPS between $16.40 and $17.00.