Morningstar, Inc.

MORN - Company ID 0001289419

Market cap$6.28 B

Rank#1253

Filings4,357

MORN income statement (quarterly)

The table below shows Morningstar, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.

Line item	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024
Revenue	$644.80M	$617.40M	$605.10M	$581.90M	$569.40M	$571.90M
Cost of revenue	$238.90M	$241.70M	$230.60M	$231.40M	$222.70M	$222.70M
Gross profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-

MORN annual revenue (10-K history)

Morningstar, Inc. reported annual revenue of $2.45B for fiscal year 2025. That is up 7.5% from $2.28B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $798.60M (FY 2016) to $2.45B. Figures come from the company's audited annual reports as filed with the SEC.

Data parsed from SEC EDGAR XBRL filings. See the full market cap rankings.