---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-014825"
form_type: "8-K"
ticker: "MC"
cik: "0001596967"
company_name: "Moelis & Co"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:56:06.494314+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Moelis Q1 adj. revenue $185M (-38% YoY); adj. EPS $0.05 incl. $0.05 tax benefit; dividend $0.60

## Summary
- GAAP revenue $187.8M, down 38% YoY; GAAP diluted EPS $0.05 (incl. $0.05/share tax benefit).
- Adjusted revenue $185.3M, down 38%; adjusted pre-tax margin 0.2% vs 29.2% a year ago.
- Declared regular quarterly dividend of $0.60 per share, payable June 23, 2023 to holders of record May 8, 2023.
- Appointed Jason Auerbach as Global Head of Technology IB, hired 10 additional tech-focused MDs.
- Balance sheet: $170.3M cash & short-term investments, no debt or goodwill; repurchased 1.1M shares for $44.5M to settle tax liabilities.

## SEC filing metadata
- accession: 0000950170-23-014825
- form_type: 8-K
- ticker: MC
- cik: 0001596967
- company_name: Moelis & Co
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596967/000095017023014825/0000950170-23-014825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596967/000095017023014825/mc-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-014825
- JSON: https://secwatch.observer/filing/0000950170-23-014825.json
- Plain text: https://secwatch.observer/filing/0000950170-23-014825.txt

## Key facts
- Earnings Releases
  Moelis & Co reported first quarter ended March 31, 2023 results: revenue $187.8 million, net income $3.6 million, EPS $0.05 per share (diluted).
  - Period: first quarter ended March 31, 2023
  - Revenue: $187.8 million
  - Net income: $3.6 million
  - EPS: $0.05 per share (diluted)
  - Result: reported results
  source text: Moelis & Company (NYSE: MC) today reported financial results for the quarter ended March 31, 2023. The Firm's first quarter GAAP revenues were $187.8 million as compared with $302.1 million in the prior year period. On an Adjusted basis, the Firm’s first quarter revenues of $185.3 million decreased 38% from the prior year period. The Firm reported first quarter 2023 GAAP net income of $3.6 million and $0.05 per share (diluted).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1596967/000095017023014825/0000950170-23-014825-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.