Morningstar
MORNMorningstar, Inc. is a leading global provider of independent investment insights, delivering data, research, and technology-driven tools to a wide range of market participants.
Earnings
Next report
Oct 28, 2026 (in 3 months)Revenue estimate$655.5M
EPS estimate$2.90
Competitors
By market cap
By revenue growth
Profile
Morningstar, Inc. is a leading global provider of independent investment insights, delivering data, research, and technology-driven tools to a wide range of market participants. The company empowers investor success by offering comprehensive portfolio strategies, credit ratings, and private market data designed to simplify complex financial information and reduce decision-making friction.
Competitive position
A leading global provider of independent insights and one of the few firms offering a comprehensive suite of data, research, software, indexes, and investment management services.
GeographiesNorth America, Europe, Asia-Pacific, Middle East, Africa
Customer segmentsFinancial Institutions, Retail Investors, Institutional Investors, Corporations
Business modelSubscription SaaS, Asset-based fees, Transaction-based fees, Advertising
SuppliersPublic regulatory filings, Stock exchanges, Third-party data providers, Cloud infrastructure providers
CustomersRetail financial advisors, Institutional asset owners, Investment banks, Individual self-directed investors, Retirement plan sponsors
CountryUnited States of America
Listed2005
Employees11.3K
CEOKunal Kapoor
SectorFinancial Services
Websitemorningstar.com
FilingsSEC EDGAR
Questions, answered.
- What is Morningstar's market cap?
- Morningstar (MORN) has a market capitalization of $7.4B and trades on NASDAQ.
- What is Morningstar's revenue and profitability?
- Morningstar generated $2.6B in trailing twelve-month revenue with net income of $421.6M, representing a net margin of 16.4%. Gross margin stands at 62.2%, with free cash flow of $497.5M. These figures are based on the Q2 2026 filing.
- Who are Morningstar's competitors?
- Morningstar's key competitors include S&P Global, MSCI, BlackRock, and others. These companies compete in similar markets and product categories.
- Who does Morningstar partner with?
- Morningstar's notable partners include Anthropic, Microsoft, OpenAI, and others.
- What subsidiaries does Morningstar have?
- Morningstar's subsidiaries include PitchBook Data, Inc., Sustainalytics, DBRS, and others.
- Where is Morningstar headquartered?
- Morningstar is headquartered in United States of America and employs approximately 11,334 people. It has been publicly traded since 2005.
