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
Follow MORN
Alert me
Morningstar, Inc. (MORN) Revenue growth
Morningstar, Inc.'s revenue growth over the twelve months to 30 September 2026 was 9.43%, up 1.9 percentage points from fiscal 2025 (7.49%). Over the past ten years it has ranged from 1.24% (fiscal 2016) to 22.3% (fiscal 2021); the current reading is higher than 27% of that period. That is below the Financial Data & Stock Exchanges industry median of 10.4% and above the Financial sector median of 7.33%.
Revenue growth, annual
Embed this chart
Annual newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| FY2025 | 7.49% | (4.11) |
| FY2024 | 11.6% | 2.62 |
| FY2023 | 8.98% | (1.10) |
| FY2022 | 10.1% | (12.22) |
| FY2021 | 22.3% | 4.45 |
| FY2020 | 17.9% | 2.25 |
| FY2019 | 15.6% | 3.73 |
| FY2018 | 11.9% | (2.29) |
| FY2017 | 14.2% | 12.92 |
| FY2016 | 1.24% | (2.54) |
Quarterly newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| Sep 2026 | 8.86% | (0.74) |
| Jun 2026 | 9.60% | (1.21) |
| Mar 2026 | 10.8% | 2.33 |
| Dec 2025 | 8.48% | 0.05 |
| 43 more quarters | Free account |
Against its own ten years
Revenue growth against peers
| Company | Revenue growth |
|---|---|
| CBOE Cboe Global Markets, Inc. compare | 14.3% |
| TRU TransUnion compare | 13.5% |
| MSCI MSCI Inc compare | 12.3% |
| ICE Intercontinental Exchange Inc. compare | 11.9% |
| NDAQ Nasdaq, Inc. compare | 11.5% |
| MORN Morningstar, Inc. | 9.43% |
| MCO Moody's Corporation compare | 9.00% |
| FDS FactSet Research Systems Inc. compare | 6.65% |
| COIN Coinbase Global, Inc. compare | −26.6% |
| Financial Data & Stock Exchanges industry median | 10.4% |
| Financial sector median | 7.33% |
| Market median | 7.58% |
What Revenue growth is
Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.
(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|
More on MORN
- Revenue
- Net income
- 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
- Piotroski F-score
- The full statement