Moody's Corporation (MCO) announced its financial results for the third quarter of 2026 on October 21, 2026. The company reported revenue of $2.023 billion for the quarter ended September 30, 2026, representing a 1% increase from the prior year. On an organic constant currency basis, revenue grew by 3%. The company reaffirmed its full-year 2026 guidance, which projects revenue growth in the high-single-digit percent range.
For the third quarter, Moody's reported diluted earnings per share (EPS) of $4.24, an increase of 18% compared to the prior year. Adjusted diluted EPS was $4.14, up 6% year-over-year. The company's operating margin for the quarter was 44.8%, while its adjusted operating margin was 52.6%.
Moody's returned approximately $3.1 billion to shareholders year-to-date, consisting of $2.6 billion in share repurchases and $543 million in dividends. On October 20, 2026, the company's Board of Directors declared a regular quarterly dividend of $1.03 per share of MCO Common Stock, payable on December 11, 2026, to shareholders of record on November 20, 2026.
Moody's provided full-year 2026 guidance as of October 21, 2026, including a diluted EPS range of $16.00 to $16.50 and an adjusted diluted EPS range of $16.50 to $17.00. The company also projects operating cash flow between $3.15 billion and $3.35 billion and free cash flow between $2.7 billion and $2.9 billion for the full year.
