stockrowMorningstar, Inc.
MORN Financial Financial Data & Stock Exchanges
Morningstar, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.4 billion, up 7.49% from fiscal 2024.
- Revenue
- +8.86%
- EPS
- +41.7%
- Free cash flow
- −2.94%
- Total debt
- +97.8%
Quarter to September 2026, against a year earlier
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Morningstar, Inc. (MORN) Net income
Morningstar, Inc.'s net income for fiscal 2025 was $374.2M, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $445.5M. Over the past ten years it has ranged from $70.5M (fiscal 2022) to $374.2M (fiscal 2025) — the current reading is the highest in ten years. Net income has risen for 3 consecutive fiscal years. Morningstar, Inc. ranks 10th of 14 Financial Data & Stock Exchanges companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $374.2M | 1.16% |
| FY2024 | $369.9M | 162.15% |
| FY2023 | $141.1M | 100.14% |
| FY2022 | $70.5M | (63.53%) |
| FY2021 | $193.3M | (13.55%) |
| FY2020 | $223.6M | 47.11% |
| FY2019 | $152.0M | (16.94%) |
| FY2018 | $183.0M | 33.67% |
| FY2017 | $136.9M | (14.97%) |
| FY2016 | $161.0M | 21.23% |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Sep 2026 | $115.5M | 7.14% |
| Jun 2026 | $107.8M | 0.65% |
| Mar 2026 | $107.1M | (6.95%) |
| Dec 2025 | $115.1M | 25.66% |
| 43 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| ICE Intercontinental Exchange Inc. compare | $4.2B |
| MCO Moody's Corporation compare | $2.9B |
| NDAQ Nasdaq, Inc. compare | $2.1B |
| CBOE Cboe Global Markets, Inc. compare | $1.5B |
| MSCI MSCI Inc compare | $1.4B |
| TRU TransUnion compare | $812.2M |
| FDS FactSet Research Systems Inc. compare | $533.5M |
| MORN Morningstar, Inc. | $445.5M |
| COIN Coinbase Global, Inc. compare | −$701.6M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
More on MORN
- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement