Morningstar (MORN) EBITDA (2009 - 2026)

Morningstar (MORN) has 18 years of EBITDA data on file, last reported at $188.5 million in Q1 2026.

• Quarterly EBITDA rose 28.32% year-over-year to $188.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $698.2 million (up 9.9% YoY) and the FY2025 annual result came in at $656.6 million, up 7.6% from the prior year.
• EBITDA fell to $188.5 million in Q1 2026 per MORN's latest filing, from $191.7 million in the prior quarter.
• Across five years, EBITDA topped out at $202.0 million in Q4 2024 and bottomed at $22.0 million in Q3 2022.
• The 5-year median for EBITDA is $121.8 million (2024), against an average of $109.0 million.
• The widest annual swing landed in 2022, when EBITDA slumped 67.55%; it then jumped 397.14% in 2024.
• Tracing MORN's EBITDA over 5 years: stood at $35.5 million in 2022, then surged by 165.92% to $94.4 million in 2023, then surged by 113.98% to $202.0 million in 2024, then fell by 5.1% to $191.7 million in 2025, then decreased by 1.67% to $188.5 million in 2026.
• Per Business Quant, the three latest MORN EBITDA figures stand at $188.5 million (Q1 2026), $191.7 million (Q4 2025), and $159.7 million (Q3 2025).

Peer Comparison