Financial Data Services

restructuring affecting expense

“899 859 5 % Total 2,079 1,924 8 % Expenses: Operating 531 491 (8 %) SG&A 477 439 (9 %) Depreciation and amortization 122 113 (8 %) Restructuring 27 33 18 % Charges related to asset abandonment — 2 100 % Total 1,157 1,078 (7 %) Operating income $ 922 $ 846 9 % Adjusted Operating Income (1) $ 1,105 $ 994 11 % Interest expense, net $ (66) $ (61) (8 %) Other non-operating income, net 14 19 (26 %) Non-operating (expense) income, net $ (52) $ (42) (24 %) Net income attributable to Moody's $ 661 $ 625 6 % Diluted weighted average shares outstanding 177.3 180.7 2 % Diluted EPS attributable to Moody's common shareholders $ 3.73 $ 3.46 8 % Adjusted Diluted EPS (1) $ 4.33 $ 3.83 13 % Operating margin 44.3 % 44.0 % Adjusted Operating Margin (1) 53.2 % 51.7 % ETR 24.0 % 22.3 % The table below shows Moody’s global staffing by geographic area: March 31, Change 2026 2025 % MA U.S.”

MCO 10-Q

credit / rates affecting interest expense

“This fluctuation was 40 primarily due to increased interest expense as a result of the Term B Loan that was entered into in March 2025 and the inclusion of interest income on customer deposits in revenue in the three months ended March 31, 2026 rather than in interest income in the three months ended March 31, 2025.”

DKNG 10-Q

demand / volume affecting revenue

“While we are navigating near-term client buying dynamics that we will work through, about 80 percent of our software revenue is recurring in nature and delivered healthy growth in the quarter, 46 Table of Contents Management Discussion – (continued) reflecting the demand for our offerings and giving us confidence in our growth opportunity.”

IBM 10-Q