Moelis & Company (MC) Q2 FY26 earnings call

Moelis & Company delivered record revenues in Q2 and H1 FY26, driven by strong performance in capital markets and private capital advisory, and an improved adjusted compensation ratio. The firm entered the second half with a record total pipeline, including an 80% increase in the announced pipeline, supporting a strong outlook despite ongoing market volatility and modest industry-wide sponsor M&A activity. Strategic investments in talent and AI tools are expected to enhance future productivity and client solutions.