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Morningstar, Inc. MORN

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245.40 USD -1.07 (-0.43%)

Nov 11, 2026, 12:25 PM EST

243.93 Day range 247.70
141.49 52-week range 248.88
YTD
+12.93%
1 year
+14.39%

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

Annual income statement

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
2.45B2.28B2.04B1.87B1.70B
952.90M895.70M843.50M779.30M698.40M
1.49B1.38B1.20B1.09B1.00B
966.00M894.60M964.50M923.50M743.90M
801.00M768.20M779.60M756.90M593.20M
526.60M484.80M230.60M167.80M257.00M
28.60M37.70M51.70M28.40M8.70M
121.50M104.00M33.00M56.50M62.60M
374.20M369.90M141.10M70.50M193.30M
374.20M369.90M141.10M70.50M193.30M
374.20M369.90M141.10M70.50M193.30M
374.20M369.90M141.10M70.50M193.30M
8.938.643.311.654.50
8.938.643.311.654.50
8.878.583.291.644.45
1.821.621.501.440.945
524.30M511.60M225.80M155.40M264.60M
524.30M511.60M225.80M155.40M264.60M
41.90M42.80M42.60M42.60M43.00M
42.20M43.10M42.90M42.90M43.40M