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Morningstar MORN Canada — Revenue

Other geography segments

United States
$424.5M
GB
$43.7M
Australia
$15.1M

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Other financials

Income statement

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Revenue$644.8M+10.8%
Gross profit$405.9M+15.8%
Operating income$155.9M+36.6%
Net income$107.1M+36.4%
EPS (diluted)$2.73+50.0%

Balance sheet

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Cash & equivalents$492.8M-3.7%
Total debt$1.9B+91.9%
Total equity$1.0B-36.7%
Total assets$4.0B+11.2%

Cash flow

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Operating cash flow$91.5M+0.5%
CapEx$37.9M+17.7%
Free cash flow$53.6M-8.8%

Valuation

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Market cap$5.84B-49.2%

Profitability

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Gross margin61.7%+1.0pp
Operating margin22.7%+0.8pp
Net margin16.1%-0.5pp
FCF margin17.4%-1.9pp

Returns & leverage

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Return on equity30.7%+5.0pp
Debt / equity1.9×+1.3×
Current ratio-0.1×

Where this comes from

Reported directly by Morningstar in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Morningstar’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Morningstar's canada — revenue?
Morningstar (MORN) reported canada — revenue of $42.7M in Q1 2026.
How has Morningstar's canada — revenue changed year-over-year?
Morningstar's canada — revenue increased by 29.0% year-over-year, from $33.1M to $42.7M.
What is the long-term trend for Morningstar's canada — revenue?
Over 4 years (2021 to 2025), Morningstar's canada — revenue has grown at a 8.2% compound annual growth rate (CAGR), from $112.9M to $154.9M.
What does canada — revenue mean?
This metric represents the total gross income generated by the company's operations within the Canadian geographic market. It reflects the demand for investment research, data services, and software solutions among Canadian financial advisors and institutional clients. Tracking this figure helps investors assess the company's regional market penetration and growth trajectory outside of its primary domestic market.