Moody's Corporation reported record first-quarter 2026 results, with revenue rising 8% year-over-year to $2.1 billion, driven by strong performance across both its ratings and analytics divisions. The company highlighted record revenue in its ratings business and continued growth in recurring analytics revenue, supported by increasing demand for AI-driven data and insights.

Profitability improved significantly, with adjusted operating margins expanding to 53.2% and earnings per share rising double digits. Operating cash flow increased 24% to $939 million, while free cash flow reached $844 million.

Moody’s also returned $1.7 billion to shareholders during the quarter and raised its full-year share repurchase guidance, while reaffirming expectations for high single-digit revenue growth in 2026.

Source: Moody’s