穆迪 2025年度报告

SECURITIES AND EXCHANGE COMMISSION Form 11-K ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December31, 2025 or TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period fromto A.Full title of the plan and the address of the plan, if different from that of the issuer named below: B.Name of issuer of the securities held pursuant to the plan and the address of its principalexecutive officer: Moody’s Corporation 7 World Trade Center at 250 Greenwich Street The required financial statements are attached to this report. (a)Financial Statements Report of Independent Registered Public Accounting Firm Statements of Net Assets Available for Plan Benefits as of December31, 2025 and 20245 Statement of Changes in Net Assets Available for Plan Benefits for the year ended December31, 20256 Notes to Financial Statements Schedule H, Line 4a - Schedule of Delinquent Participant Contributions For the Year Ended December31, 2025 Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December31, 2025 (Note: All other supplemental schedules have been omitted because they are not applicable or are not requiredby Section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure underthe Employee Retirement Income Security Act of 1974, as amended.) Signature (b)Exhibits 23.1 Consent of Independent Registered Public Accounting Firm – KPMG LLP GLOSSARY OF TERMS AND ABBREVIATIONS The following terms, abbreviations and acronyms are used to identify frequently used terms in this report: Report of Independent Registered Public Accounting Firm To the Plan Participants and Plan AdministratorProfit Participation Plan of Moody’s Corporation: Opinion on the Financial Statements We have audited the accompanying statements of net assets available for plan benefits of the Profit Participation Plan ofMoody’s Corporation (the Plan) as of December31, 2025 and 2024, the related statement of changes in net assetsavailable for plan benefits for the year ended December31, 2025, and the related notes (collectively, the financialstatements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for plan Basis for Opinion These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion onthese financial statements based on our audits. We are a public accounting firm registered with the Public CompanyAccounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan andperform the audit to obtain reasonable assurance about whether thefinancial statements are free of materialmisstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of materialmisstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to thoserisks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the Accompanying Supplemental Information The Schedule H, Line 4a – Schedule of Delinquent Participant Contributions for the year ended December31, 2025 andSchedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December31, 2025 have been subjected to auditprocedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is theresponsibility of the Plan’s management. Our audit procedures included determining whether the supplemental informationreconciles to thefinancial statements or the underlying accounting and other records, as applicable, and performing Profit Participation Plan of Moody’s CorporationNotes to Financial Statements 1. Background and Plan Description The Profit Participation Plan of Moody’s Corporation is a defined contribution plan established to provide a convenient wayfor eligible U.S. employees to save on a regular and long-term basis for retirement. The Plan is subject to the provisions of The following summary provides an overview of major Plan provisions and is provided for general information purposes.U.S. employees who participate in the Plan or former U.S. employees who have accounts in the Plan should refer to thePlan document for more complete information and a full description of Plan provisions and qualifications. Eligibility Full-time U.S. employees of the Company who are hired or rehired on or after January1, 2008 are automatically enrolledin the Plan with contributions equal to 3% of compensation as defined in the Plan unless they elect otherwise. Full-timeU.S. employees of the Company are immediately eligible to participate in the Plan on their date of hire. Part-time U.S. employees are eligible to