Morningstar (MORN) Deferred Taxes (2009 - 2026)
Morningstar (MORN) posted quarterly Deferred Taxes of $3.8 million for Q2 2026, down 44.93% year-over-year from $6.9 million in Q2 2025, and down 70.08% quarter-over-quarter from $12.7 million in Q1 2026.
Morningstar (MORN) Deferred Taxes (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported Deferred Taxes for 18 consecutive years, with $3.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Deferred Taxes fell 44.93% year-over-year to $3.8 million; the TTM figure through Jun 2026 stood at $44.9 million (up 29.39% YoY), while the FY2025 annual figure was $42.2 million, up 21.26% from the prior year.
- Deferred Taxes retreated to $3.8 million in Q2 2026 per MORN's latest filing, from $12.7 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $21.8 million in Q4 2023 and bottomed at -$2.0 million in Q1 2023.
- Historically, Deferred Taxes has averaged $9.1 million across 5 years, with a median of $8.2 million in 2023.
- Annual changes were most pronounced in 2023 — Deferred Taxes slumped 129.85% — and 2024, when it surged 475.0%.
- Morningstar's Deferred Taxes stood at $9.8 million in 2022, then jumped by 122.45% to $21.8 million in 2023, then slumped by 36.7% to $13.8 million in 2024, then retreated by 11.59% to $12.2 million in 2025, then tumbled by 68.85% to $3.8 million in 2026.
- Business Quant data shows MORN's Deferred Taxes at $3.8 million in Q2 2026, $12.7 million in Q1 2026, and $12.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | -64.00 Mn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 5.20 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | -11.00 Mn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | -51.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | - |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | -32.70 Mn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 2.60 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 4.10 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | -5.30 Mn |
| 10 | Morningstar | 8.19 Bn | 7.66 Bn | 423.90 Mn | 3.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.80 Mn |
| Mar 31, 2026 | 12.70 Mn |
| Dec 31, 2025 | 12.20 Mn |
| Sep 30, 2025 | 16.20 Mn |
| Jun 30, 2025 | 6.90 Mn |
| Mar 31, 2025 | 6.90 Mn |
| Dec 31, 2024 | 13.80 Mn |
| Sep 30, 2024 | 7.10 Mn |
| Jun 30, 2024 | 6.40 Mn |
| Mar 31, 2024 | 7.50 Mn |
| Dec 31, 2023 | 21.80 Mn |
| Sep 30, 2023 | 3.80 Mn |
| Jun 30, 2023 | 8.80 Mn |
| Mar 31, 2023 | -2.00 Mn |
| Dec 31, 2022 | 9.80 Mn |
| Sep 30, 2022 | 10.60 Mn |
| Jun 30, 2022 | 10.20 Mn |
| Mar 31, 2022 | 6.70 Mn |
| Dec 31, 2021 | 3.60 Mn |
| Sep 30, 2021 | 3.70 Mn |