Record Third Quarter Revenue
Moody's delivered the highest third quarter revenue in its history, with a 23% increase compared to the previous year, driven by strong growth across revenue and profitability metrics.
Strong Ratings Business Performance
The ratings business saw a remarkable 41% increase in revenue versus the prior year period, with transactional revenue up 70%, outpacing global rated issuance growth of 51%.
Adjusted Operating Margin Expansion
Moody's achieved an adjusted operating margin of approximately 48%, with the ratings segment contributing a 320 basis points improvement in total company adjusted operating margin.
Moody's Analytics Recurring Revenue Growth
Moody's Analytics delivered 7% overall revenue growth and 9% growth for both ARR and recurring revenue, with a retention rate of 93%.
Recognition in RiskTech100
Moody's achieved its third consecutive #1 ranking in the Chartis RiskTech100, leading in 12 categories, showcasing the strength of its solutions and competitive positioning.
RMS Integration Success
RMS is now fully integrated, showing improved growth and operating at MA-like margins, with expanded customer base and capabilities.