Reportable Segment Profitability

Name: Morningstar Reportable Segment Profitability by Business Segments
Creator: OpenCapital
License: https://www.opencapital.sh/terms

Morningstar·Business Segments·6 segments

Breakdown

Segment	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Morningstar Data and Analytics Segment	$87.3M	$91.4M	$85.5M	$87.1M	$96.3M	$93.7M	$92.3M	$91M
PitchBook Segment	$47.3M	$50.4M	$48.7M	$52.3M	$52.8M	$52.9M	$52.1M	$51.6M
Morningstar Wealth Segment	$27.9M	$15.2M	-$64.7M	$21.4M	$30.5M	$28.1M	—	$41.2M
Corporate and Other	-$46.6M	-$42.9M	-$49.1M	-$39.2M	-$54.6M	-$44.1M	-$50.8M	-$30.6M
Morningstar Retirement Segment	$17.3M	$16.9M	$17.2M	$14.6M	$15.4M	$16.9M	$20.8M	$19.8M
Morningstar Credit Segment	-$2.2M	-$700K	$84.1M	-$800K	$3M	$3.1M	$109.5M	$5.6M
Total	-$46.6M	-$42.9M	-$49.1M	-$39.2M	-$54.6M	-$44.1M	-$50.8M	-$30.6M

Corporate and OtherView metric

Morningstar Credit SegmentView metric

Morningstar Data and Analytics SegmentView metric

Morningstar Retirement SegmentView metric

Morningstar Wealth SegmentView metric

PitchBook SegmentView metric