Compensation Expense, Excluding Cost of Good and Service Sold

Name: Morningstar Compensation Expense, Excluding Cost of Good and Service Sold by Business Segments
Creator: OpenCapital
License: https://www.opencapital.sh/terms

Morningstar·Business Segments·5 segments·Rolls up to Compensation and benefits

Breakdown

Segment	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
PitchBook Segment	$76.1M	$76.3M	$77M	$80M	$79.4M
Morningstar Data and Analytics Segment	$57.7M	$58.2M	$60.7M	$59.4M	$68.6M
Morningstar Wealth Segment	$38.5M	$41.1M	$48.6M	—	$44.4M
Morningstar Credit Segment	$30.2M	$28.7M	$27M	$95.3M	$24.9M
Morningstar Retirement Segment	$11.6M	$11.3M	$11.5M	$11.3M	$12M
Total	—	—	—	—	—

Segments

Morningstar Credit SegmentView metric

Morningstar Data and Analytics SegmentView metric

Morningstar Retirement SegmentView metric

Morningstar Wealth SegmentView metric

PitchBook SegmentView metric