Moelis & Company reported record second quarter 2026 revenue of $409.4 million, an increase of 12% from the prior year and surpassing analyst estimates of $391.6 million. The firm posted adjusted EPS of $0.63, slightly ahead of the $0.62 consensus.
Key Highlights
- Record second quarter revenue grew 12% year-over-year to $409.4 million, driven by an increase in average fees earned per completed transaction.
- Adjusted pre-tax margin expanded to 18.6% from 17.6% in the same period last year, indicating improved profitability.
- The company continued its hiring strategy, with six Managing Directors joining year-to-date and another six committed to join later in the year.
- Moelis declared a quarterly dividend of $0.65 per share and repurchased 0.3 million shares during the quarter.