Moody’s Corporation reported strong second-quarter 2026 results. Revenue rose 15% to $2.185 billion, with Moody’s Investors Service up 25% and Moody’s Analytics up 4%. Operating margin reached 47.9%, and adjusted operating margin expanded to 55.3%. Diluted EPS increased to $5.03 and adjusted diluted EPS to $4.68, up 57% and 31% respectively.
Year-to-date operating cash flow was $1.718 billion and free cash flow $1.532 billion. The company returned about $2.5 billion to shareholders in the first half, including roughly $2.2 billion of share repurchases and $365 million in dividends, and the board declared a $1.03 per-share quarterly dividend.
Moody’s reaffirmed 2026 revenue growth in the high-single-digit percent range and guided to adjusted diluted EPS of $16.50 to $17.00, adjusted operating margin of 52% to 53%, operating cash flow of $3.15 to $3.35 billion, free cash flow of $2.7 to $2.9 billion, and up to $3.0 billion of share repurchases.
Moody's Corporation executive Christina Kosmowski received a grant of 21,542 restricted stock units tied to common stock. The award was reported as an exempt grant of restricted stock units with a price of $0.00 per share, reflecting equity compensation rather than an open-market purchase.
Following this grant, Kosmowski directly holds 21,542 shares/units of Moody's common stock. The Form 4 shows no stock sales, exercises, or other transactions, indicating a straightforward compensation-related equity award for the CEO of Moody's Analytics.
Moody's Corporation President and CEO Robert Fauber reported option exercises and share sales in company stock. He exercised employee stock options to acquire a total of 1,167 common shares at exercise prices of $167.50 and $113.34 per share. On the same date, he sold 1,467 common shares at $455.49 per share in open-market transactions made under a pre-arranged Rule 10b5-1 trading plan adopted on July 30, 2025. Following these transactions, he directly owns about 52,263.918 common shares and indirectly holds 22,325 common shares through a trust.
Moody's SVP and General Counsel Richard G. Steele reported an open-market sale of 157 shares of Moody's common stock at $455.49 per share. After this transaction, he holds 1,827.880 shares directly and 3,612.666 shares indirectly through a trust. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Steele, indicating the trade was pre-arranged rather than timed at his discretion.
Minaya Jose reported acquisition or exercise transactions in this Form 4 filing.
Moody’s director Jose Minaya reported a grant of 87.563 Phantom Stock Units as deferred compensation. These units arose from his election to defer receipt of retainer fees and reference a price of $468.38 per unit. The phantom units track Moody’s common stock on a one-for-one basis but will be settled in cash rather than shares after his retirement. Following this award, Minaya directly holds a total of 1,226.523 Phantom Stock Units tied to Moody’s common stock.
MCO reported Form 144 notice(s) indicating proposed sales of Common stock. The filing lists Fidelity Brokerage Services LLC with a quantity field of 71511.93 and an entry of 174700000, and three monthly sale entries attributed to Richard Steele on 04/01/2026, 05/01/2026, and 06/01/2026 with amounts 69167.66, 73689.62, and 71679.86 respectively.
MCO filing a Form 144 reporting proposed sales of Common Stock tied to compensation vesting and option exercises. The excerpt lists a 300-share restricted stock vesting event on 03/01/2026 and a 1,167-share stock option exercise on 07/01/2026. The filing shows three prior-sale entries with cash values $642,208.59, $684,194.13, and $665,533.89 on 04/01/2026, 05/01/2026, and 06/01/2026, respectively.
Moody's Corporation executive Christina Kosmowski, CEO of Moody's Analytics, filed an initial Form 3 reporting her status as an officer of the company. This filing establishes her as an insider for SEC reporting purposes, and it does not list any buy, sell, or other share transactions.
Moody's Corp director Bruce Van Saun reported routine stock accruals tied to existing awards. On June 5, 2026, he acquired 14.585 shares of common stock through a restricted stock deferred dividend reinvestment accrual and 7.000 shares through an RSU deferred dividend reinvestment accrual, both at a stated price of $0.00 per share. Following these non-cash grants, his reported direct common stock holdings were 9,880.493 shares and 9,865.908 shares on the respective grant lines.
Moody's Corporation director Vincent A. Forlenza reported routine equity compensation awards. He acquired 16.549 shares of common stock at a stated price of $0.0000 per share through an RSU deferred dividend reinvestment accrual. Following this award, he directly holds 8,763.377 common shares.
He also received 1.500 Phantom Stock Units (Deferred Compensation) at $451.3500 per unit, linked one-for-one to common stock and arising from his election to defer retainer fees. After this transaction he holds 489.939 Phantom Stock Units, which are to be settled in cash after his retirement.