Moelis & Company reported a significant increase in financial performance for the fiscal year ending December 31, 2025, with total revenues reaching $1.52 billion, a 27% increase from $1.19 billion in 2024. The company's net income also rose to $259.6 million, up 71% from $151.5 million in the previous year. This growth was attributed to a higher average fee per completed transaction and an increase in the number of clients paying fees of $1 million or more, which rose to 254 from 241 in 2024.
The company experienced a notable rise in operating expenses, which totaled $1.24 billion, up 22% from $1.02 billion in 2024. Compensation and benefits accounted for the majority of these expenses, increasing to $1.02 billion, reflecting the company's investment in talent and higher revenues. Despite the increase in expenses, the operating income improved significantly to $273.9 million, compared to $172.9 million in the prior year.
Strategically, Moelis & Company has focused on expanding its advisory services and geographic reach. As of February 2026, the firm employed 1,416 individuals, including 1,014 advisory professionals, and operated in over 20 locations worldwide. The company has also made significant investments in its private capital advisory business, which is gaining traction in the growing GP-led secondaries market. The firm’s diversified service offerings and strong relationships with global investment institutions have positioned it well for future growth.
Looking ahead, Moelis & Company anticipates continued growth in its advisory business, driven by increased activity in mergers and acquisitions, capital markets, and restructuring services. The firm remains optimistic about navigating potential market volatility and geopolitical challenges, supported by a strong balance sheet and substantial liquidity. The company declared a quarterly dividend of $0.65 per share, reflecting its commitment to returning capital to shareholders while maintaining a focus on organic growth and strategic investments.
About Moelis & Co
Moelis & Company is a global independent investment bank providing strategic and financial advisory services across industries worldwide. Its core activities include M&A, recapitalizations, restructurings, and capital markets transactions for corporations, financial sponsors, and governments. The firm emphasizes conflict-free advice, deep industry expertise, and a collaborative culture, serving a diverse client base with a focus on long-term relationships and innovative solutions.
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.