Moelis & Company Posts Record Q2 Revenue of $409.4M, Up 12% YoY; Declares $0.65 Dividend

summarizeSummary

Moelis & Company posted record Q2 2026 revenue of $409.4 million, a 12% increase year-over-year, with adjusted EPS of $0.63. The firm declared a $0.65 quarterly dividend and repurchased 0.3 million shares in the quarter.

check_boxKey Events · Earnings and Guidance · MC

• Record Q2 Revenue of $409.4M

  Second quarter revenues rose 12% year-over-year to $409.4 million, a new quarterly record, driven by higher average fees per completed transaction.

• Expanding Margins and EPS Growth

  Adjusted pre-tax margin improved to 18.6% from 17.6% a year ago. Adjusted diluted EPS was $0.63, up 19% from $0.53 in Q2 2025.

• Strong Balance Sheet and Capital Returns

  Cash and short-term investments stood at $481.1 million with no debt. The firm declared a $0.65 quarterly dividend and repurchased 0.3 million shares in Q2 at an average price of $64.43, bringing total H1 2026 shareholder returns to $246.4 million.

• Talent Expansion Continues

  Six Managing Directors have joined year-to-date across Private Credit Secondaries, Securitization, Debt Capital Markets, Energy, Chemicals, and Healthcare IT. Six additional MDs are committed to join later this year, including three in Private Capital Advisory.

auto_awesomeAnalysis · MC · Finance

Record quarterly and half-year revenues underscore the firm's ability to command higher average fees per completed transaction. The 12% top-line growth, coupled with expanding margins, points to strong client engagement and meaningful operating leverage. While continuing to invest in talent—six Managing Directors have joined year-to-date and six more are committed—the firm returned $246.4 million to shareholders through buybacks and dividends. A pristine balance sheet with $481.1 million in cash and no debt provides ample capacity for further capital returns or strategic hires.