Moelis & Company — Third Quarter and First Nine Months 2026 Earnings Summary

Moelis & Company reported third quarter 2026 GAAP revenues of $425.6 million, representing a 13% increase from the prior year period, while first nine months revenues reached a record $1,154.7 million, up 10% year-over-year. The firm achieved diluted GAAP net income per share of $0.74 for the quarter and $1.83 for the first nine months, with adjusted diluted earnings per share of $0.75 and $1.87, respectively. Operating expenses increased due to higher headcount and investments in technology and new office space, while the company maintained a strong balance sheet with $658.7 million in cash and no debt. Additionally, the Board declared a quarterly dividend of $0.65 per share and repurchased 2.6 million shares during the first nine months, returning a total of $317.6 million to shareholders.