What is Morningstar's deferred income?

Morningstar (MORN) reported deferred income of $21.3M in Q1 2026.

How has Morningstar's deferred income changed year-over-year?

Morningstar's deferred income decreased by 1.8% year-over-year, from $21.7M to $21.3M.

What is the long-term trend for Morningstar's deferred income?

Over 5 years (2020 to 2025), Morningstar's deferred income has grown at a -8.9% compound annual growth rate (CAGR), from $33.5M to $21M.

Morningstar MORN Deferred income

Deferred income at other companies

MPLXMPLX

$115M-63.7%

Arthur J. GallagherAJG

$177M+167%

Williams CompaniesWMB

$170M+6.9%

UnitedHealth GroupUNH

$3.42B+3.7%

Lantheus HoldingsLNTH

$6.6M—

Moody'sMCO

$54M-5.3%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$91.5M+0.5%

CapEx$37.9M+17.7%

Free cash flow$53.6M-8.8%

Valuation

See full

Market cap$5.84B-49.2%

Enterprise value$7.28B-40.4%

P/E14.5×-15.5×

P/S2.3×-2.6×

Profitability

See full

Gross margin61.7%+1.0pp

Operating margin22.7%+0.8pp

Net margin16.1%-0.5pp

FCF margin17.4%-1.9pp

Returns & leverage

See full

Return on equity30.7%+5.0pp

Debt / equity1.9×+1.3×

Current ratio1×-0.1×

Where this comes from

Reported directly by Morningstar in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenueNoncurrent.

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

Ask your AI about Morningstar's deferred income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Morningstar's deferred income?: Morningstar (MORN) reported deferred income of $21.3M in Q1 2026.
How has Morningstar's deferred income changed year-over-year?: Morningstar's deferred income decreased by 1.8% year-over-year, from $21.7M to $21.3M.
What is the long-term trend for Morningstar's deferred income?: Over 5 years (2020 to 2025), Morningstar's deferred income has grown at a -8.9% compound annual growth rate (CAGR), from $33.5M to $21M.