Morningstar (MORN) Deferred Taxes (2009 - 2026)
Morningstar (MORN) reported Deferred Taxes of $12.7 million for Q1 2026, up 84.06% year-over-year from $6.9 million in Q1 2025, and up 4.1% on a QoQ basis from $12.2 million in Q4 2025.
Morningstar (MORN) has 18 years of Deferred Taxes data on file, last reported at $12.7 million in Q1 2026.
- Quarterly Deferred Taxes rose 84.06% year-over-year to $12.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $48.0 million (up 40.35% YoY) and the FY2025 annual result came in at $42.2 million, up 21.26% from the prior year.
- Deferred Taxes advanced to $12.7 million in Q1 2026 per MORN's latest filing, from $12.2 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.
- The 5-year median for Deferred Taxes is $8.8 million (2023), against an average of $9.4 million.
- The widest annual swing landed in 2023, when Deferred Taxes plunged 129.85%; it then soared 475.0% in 2024.
- Tracing MORN's Deferred Taxes over 5 years: stood at $9.8 million in 2022, then jumped by 122.45% to $21.8 million in 2023, then tumbled by 36.7% to $13.8 million in 2024, then dropped by 11.59% to $12.2 million in 2025, then climbed by 4.1% to $12.7 million in 2026.
- Per Business Quant, the three latest MORN Deferred Taxes figures stand at $12.7 million (Q1 2026), $12.2 million (Q4 2025), and $16.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | -50.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | -13.40 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 140.00 Mn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 23.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 12.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -77.18 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -82.50 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 48.90 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | -16.00 Mn |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | 12.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.30 Mn |
| Mar 31, 2021 | 2.50 Mn |
| Dec 31, 2020 | 4.60 Mn |
| Sep 30, 2020 | 2.80 Mn |
| Jun 30, 2020 | 200,000.00 |
| Mar 31, 2020 | -900,000.00 |
| Dec 31, 2019 | 3.20 Mn |
| Sep 30, 2019 | 1.00 Mn |
| Jun 30, 2019 | 1.40 Mn |
| Mar 31, 2019 | 400,000.00 |
| Dec 31, 2018 | 7.60 Mn |
| Sep 30, 2018 | -900,000.00 |
| Jun 30, 2018 | 100,000.00 |
| Mar 31, 2018 | -5.70 Mn |
| Dec 31, 2017 | 15.10 Mn |
| Sep 30, 2017 | -1.30 Mn |
| Jun 30, 2017 | -2.00 Mn |
| Mar 31, 2017 | 2.30 Mn |
| Dec 31, 2016 | -7.60 Mn |
| Sep 30, 2016 | 2.70 Mn |
| Jun 30, 2016 | -2.00 Mn |
| Mar 31, 2016 | 2.20 Mn |
| Dec 31, 2015 | -5.60 Mn |
| Sep 30, 2015 | 4.00 Mn |
| Jun 30, 2015 | -2.90 Mn |
| Mar 31, 2015 | 1.60 Mn |
| Dec 31, 2014 | -8.40 Mn |
| Sep 30, 2014 | 2.80 Mn |
| Jun 30, 2014 | 300,000.00 |
| Mar 31, 2014 | 2.30 Mn |
| Dec 31, 2013 | -1.22 Mn |
| Sep 30, 2013 | 2.28 Mn |
| Jun 30, 2013 | -2.90 Mn |
| Mar 31, 2013 | 2.93 Mn |
| Dec 31, 2012 | -5.82 Mn |
| Sep 30, 2012 | -193,000.00 |
| Jun 30, 2012 | -1.75 Mn |
| Mar 31, 2012 | 1.45 Mn |
| Dec 31, 2011 | 2.88 Mn |
| Sep 30, 2011 | 2.01 Mn |
| Jun 30, 2011 | -1.13 Mn |
| Mar 31, 2011 | 677,000.00 |
| Dec 31, 2010 | -1.98 Mn |
| Sep 30, 2010 | 2.78 Mn |
| Jun 30, 2010 | 275,000.00 |
| Mar 31, 2010 | -1.29 Mn |
| Dec 31, 2009 | 3.05 Mn |
| Sep 30, 2009 | 109,000.00 |