Moody's (MCO) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to the immediately preceding quarter. It also rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to the immediately preceding quarter. It also rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+1.6%
Change from the immediately preceding quarter.
Year-over-year
+8.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.3B | -16.4% |
| Dec 31, 2022 | $1.3B | -16.2% |
| Mar 31, 2023 | $1.5B | -3.4% |
| Jun 30, 2023 | $1.5B | +8.2% |
Revenue performance
The reported revenue was higher than the prior quarter, marking the second consecutive sequential increase after a period of decline.
Quarterly comparison
Compared to the same quarter a year earlier, revenue was also higher, reflecting year-over-year growth.
What to watch
Whether the positive sequential revenue trend can be maintained in upcoming quarters will be a key development to follow.