Morningstar (MORN) Change in Taxes (2009 - 2026)

Morningstar (MORN) has reported Change in Taxes for 18 consecutive years, with -$25.1 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Change in Taxes rose 45.67% year-over-year to -$25.1 million; the TTM figure through Jun 2026 stood at $13.3 million (up 199.25% YoY), while the FY2025 annual figure was -$8.0 million, down 134.63% from the prior year.
• Change in Taxes declined to -$25.1 million in Q2 2026 per MORN's latest filing, from $20.3 million in the prior quarter.
• Across five years, Change in Taxes topped out at $20.3 million in Q1 2026 and bottomed at -$46.2 million in Q2 2025.
• Historically, Change in Taxes has averaged $1.2 million across 5 years, with a median of $7.2 million in 2023.
• Annual changes were most pronounced in 2022 — Change in Taxes surged 815.0% — and 2025, when it tumbled 683.05%.
• Morningstar's Change in Taxes stood at $18.3 million in 2022, then tumbled by 48.09% to $9.5 million in 2023, then sank by 122.11% to -$2.1 million in 2024, then surged by 609.52% to $10.7 million in 2025, then tumbled by 334.58% to -$25.1 million in 2026.
• Business Quant data shows MORN's Change in Taxes at -$25.1 million in Q2 2026, $20.3 million in Q1 2026, and $10.7 million in Q4 2025.