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Morningstar MORN Income Statement

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
$2.51B+2.6%$2.45B+2.1%$2.4B+2.0%$2.35B+1.4%$2.31B+1.7%
$960.4M+0.8%$952.9M+1.8%$935.9M+2.1%$916.9M+0.9%$909M+1.5%
$1.55B+3.7%$1.49B+2.3%$1.46B+2.0%$1.43B+1.8%$1.41B+1.9%
61.7%+0.7pp61%+0.1pp60.9%0.0pp60.9%+0.2pp60.7%+0.1pp
$469.6M+0.6%$467M+0.4%$465M+1.7%$457.4M+1.9%$449M+1.8%
$341.5M+2.2%$334M+0.2%$333.4M+2.6%$325.1M+0.5%$323.4M-1.2%
$194.3M+2.3%$189.9M-0.7%$191.2M+0.7%$189.9M-0.3%$190.5M+0.1%
$1.97B+1.1%$1.94B+1.0%$1.93B+1.9%$1.89B+0.9%$1.87B+0.9%
$568.4M+7.9%$526.6M-1.6%$535.2M+2.4%$522.9M+3.3%$506.3M+4.4%
22.7%+1.1pp21.5%-0.8pp22.3%+0.1pp22.3%+0.4pp21.9%+0.6pp
-$36.9M-29.0%-$28.6M-6.7%-$26.8M+6.6%-$28.7M+9.2%-$31.6M+16.2%
-$36.1M-30.8%-$27.6M
-$16M+13.5%-$18.5M0.0%-$18.5M-6.3%
$3.2M+113%$1.5M-60.5%
$532.3M+6.7%$499M-2.3%$511M-5.3%$539.8M+5.3%$512.8M+4.4%
$128.7M+5.9%$121.5M+2.1%$119M+1.5%$117.2M+6.4%$110.1M+5.9%
$402.8M+7.6%$374.2M-0.5%$376M-7.0%$404.1M+5.2%$384.2M+3.9%
16.1%+0.8pp15.3%-0.4pp15.7%-1.5pp17.2%+0.6pp16.6%+0.3pp
$9.78+10.3%$8.87+0.9%$8.79-6.4%$9.39+5.5%$8.90+3.9%
$9.84+10.2%$8.93+0.9%$8.85-6.4%$9.46+5.6%$8.96+3.8%
166.3M-2.2%170.1M-0.5%171M-0.5%171.9M-0.3%172.5M+0.1%
165.3M-2.2%169M-0.5%169.9M-0.5%170.7M-0.4%171.3M+0.1%
-$36.9M-29.0%-$28.6M-6.7%-$26.8M+6.6%-$28.7M+9.2%-$31.6M+16.2%
$1.87+2.2%$1.83+2.8%$1.78+2.9%$1.73+3.0%$1.68+3.1%
$1.92+2.1%$1.88+2.7%$1.83+2.8%$1.78+2.9%$1.73+3.0%
$22.7M-31.3%$33.03M-23.8%$43.35M-19.2%$53.68M-16.1%
-$1.1M-22.2%-$900K
$2.2M+33.3%$1.65M+50.0%$1.1M+100%$550K
$568.4M+7.9%$526.6M-1.6%$535.2M+2.4%$522.9M+3.3%$506.3M+4.4%
$762.7M+6.4%$716.5M-1.4%$726.4M+1.9%$712.8M+2.3%$696.8M+3.2%
$762.7M+6.4%$716.5M-1.4%$726.4M+1.9%$712.8M+2.3%$696.8M+3.2%
30.4%+1.1pp29.3%-1.0pp30.3%0.0pp30.4%+0.3pp30.1%+0.4pp
$568.4M+7.9%$526.6M-1.6%$535.2M+2.4%$522.9M+3.3%$506.3M+4.4%

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Questions, answered.

What is Morningstar's revenue?
Morningstar (MORN) generated $2.5B in revenue over the trailing twelve months, up 8.4% year over year.
Is Morningstar profitable?
Morningstar reported $402.8M in net income over the trailing twelve months, a 16.1% net margin.
What are Morningstar's profit margins?
Gross margin is 61.7% and operating margin is 22.7%, with a 16.1% net margin.
What is Morningstar's earnings per share?
Morningstar's diluted EPS over the trailing twelve months is $9.78.
Where does Morningstar's income statement data come from?
Every line is extracted from Morningstar's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.