Moody's (MCO) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably higher than the sequential change.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably higher than the sequential change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+21.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
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, 2023 | $1.5B | +15.5% |
| Dec 31, 2023 | $1.5B | +14.7% |
| Mar 31, 2024 | $1.8B | +21.5% |
| Jun 30, 2024 | $1.8B | +21.6% |
Revenue performance
The reported revenue reflects a continued upward trajectory, with the year-over-year gain substantially exceeding the quarter-over-quarter increase.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose modestly. Relative to the same quarter one year earlier, revenue showed a much stronger increase.
What to watch
Monitor whether the pace of year-over-year revenue growth can be sustained in upcoming quarters.