Morningstar, Inc. (MORN)

NMS – Real Time Price. Currency in USD

175.82

-0.40 (-0.23%)

At close: May 12, 2026, 4:00 PM EDT

Summary
News
Chart
Financial
Dividends
Forecast
Ownership
Profile

Revenue

Gross Profit

Operating Income

Net Income

Income Statement
Balance Sheet
Cash Flow

Income Statement (Annual)

Financials in millions USD. Fiscal year is January – December.

Name

2025

2024

2023

2022

Total Revenue

2.45B

2.28B

2.04B

1.87B

Cost of goods sold

-1.14B

-1.09B

-1.03B

-946M

Gross Profit

1.30B

1.19B

1.01B

925M

Operating expenses (excl. COGS)

-777M

-760M

-757M

-693M

Operating Income

525M

429M

253M

232M

Non-operating income, total

-30M

45M

-79M

-105M

Pretax income

496M

474M

174M

127M

Equity in earnings

Taxes

-122M

-104M

-33M

-57M

Non-controlling/minority interest

After tax other income/expense

Net income before discontinued operations

374M

370M

141M

71M

Morningstar, Inc. (MORN)

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Income Statement (Annual)

Income Statement (Annual)

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Morningstar, Inc. (MORN)

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Morningstar, Inc. (MORN)

Income Statement (Annual)

Income Statement (Annual)