4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Morningstar, Inc. (MORN) operates in the Financial Data & Stock Exchanges industry and is headquartered in Chicago, United States with about 10,973 employees. Its market capitalization is roughly $7 billion. In the fiscal year ended 2025-12-31, MORN reported $2.4B in revenue and $374M in net income.
Morningstar, Inc. provides independent investment insights for investors in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally.
Interactive charts & full statements → Open the MORN valuation workbench →
| Income statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Total Revenue | $2.4B | $2.3B | $2.0B | $1.9B | — |
| Gross Profit | $1.5B | $1.4B | $1.2B | $1.1B | — |
| Operating Income (EBIT) | $504M | $421M | $231M | $168M | — |
| Net Income | $374M | $370M | $141M | $70M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Total Revenue | $645M | $641M | $617M | $605M | $582M | — |
| Gross Profit | $406M | $392M | $376M | $374M | $350M | — |
| Operating Income (EBIT) | $156M | $137M | $128M | $125M | $114M | — |
| Net Income | $107M | $115M | $92M | $89M | $78M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Dividends Paid | ($77M) | ($69M) | ($64M) | ($62M) | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Dividends Paid | ($20M) | ($19M) | ($19M) | ($19M) | ($20M) | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total Assets | $3.6B | $3.5B | $3.4B | $3.5B |
| Total Liabilities | $2.4B | $1.9B | $2.1B | $2.3B |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MORN viewer.
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