Morningstar, Inc. MORN

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236.71 USD -2.02 (-0.85%)

At closeNov 3, 2026, 4:03 PM EST

236.71 0.00 0.00%

After hours · Nov 3, 4:03 PM ET

232.23 Day range 242.58
141.49 52-week range 242.58
YTD
+8.93%
1 year
+10.98%

Revenue & Expenses

Revenue by
Licensed-Based → Revenue: $1.72BRevenue → Gross Profit: $1.49BGross Profit → Net Income: $374.20MGross Profit → Selling, General & Admin: $801.00MRevenue → Cost of Revenue: $952.90MGross Profit → Other Operating Expenses: $165.00MGross Profit → Other Expenses: $30.90MGross Profit → Income Tax: $121.50MTransaction-Based → Revenue: $383.30MAsset-Based → Revenue: $343.00MGross Profit$1.49BCost of Revenue$952.90MNet Income$374.20MSelling, General & Admin$801.00MOther Operating Expenses$165.00MOther Expenses$30.90MIncome Tax$121.50MRevenue$2.45BLicensed-Based$1.72BTransaction-Based$383.30MAsset-Based$343.00M

Latest period ending Dec 31, 2025 · select a line to chart its full history

MORN annual income statement
Fiscal yearFY 2025 Dec 31, 2025FY 2024 Dec 31, 2024FY 2023 Dec 31, 2023FY 2022 Dec 31, 2022FY 2021 Dec 31, 2021
2.45B2.28B2.04B1.87B1.70B
1.49B1.38B1.20B1.09B1.00B
526.60M484.80M230.60M167.80M257.00M
374.20M369.90M141.10M70.50M193.30M
8.878.583.291.644.45
MORN annual balance sheet
Fiscal yearFY 2025 Dec 31, 2025FY 2024 Dec 31, 2024FY 2023 Dec 31, 2023FY 2022 Dec 31, 2022FY 2021 Dec 31, 2021
474.50M502.70M337.90M376.60M483.80M
3.59B3.55B3.40B3.47B2.86B
2.37B1.93B2.08B2.27B1.45B
1.26B904.00M1.16B1.32B531.50M
1.22B1.62B1.33B1.21B1.42B
MORN annual cash flow
Fiscal yearFY 2025 Dec 31, 2025FY 2024 Dec 31, 2024FY 2023 Dec 31, 2023FY 2022 Dec 31, 2022FY 2021 Dec 31, 2021
589.70M591.60M316.40M297.80M449.90M
-139.30M-21.30M-81.90M-799.30M-167.70M
-514.70M-384.40M-278.40M415.10M-211.80M
-147.10M-142.70M-119.10M-129.50M-101.80M
-28.20M164.80M-38.70M-107.20M61.30M