Morningstar (MORN) EBT (2009 - 2026)
Morningstar (MORN) posted quarterly EBT of $147.0 million for Q2 2026, up 26.18% year-over-year from $116.5 million in Q2 2025, and up 3.67% quarter-over-quarter from $141.8 million in Q1 2026.
Morningstar (MORN) EBT (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported EBT for 18 consecutive years, with $147.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT rose 26.18% year-over-year to $147.0 million; the TTM figure through Jun 2026 stood at $562.8 million (up 4.26% YoY), while the FY2025 annual figure was $499.0 million, up 1.57% from the prior year.
- EBT improved to $147.0 million in Q2 2026 per MORN's latest filing, from $141.8 million in the prior quarter.
- Across five years, EBT topped out at $162.9 million in Q4 2024 and bottomed at -$2.3 million in Q3 2022.
- Historically, EBT has averaged $88.4 million across 5 years, with a median of $89.9 million in 2023.
- Annual changes were most pronounced in 2022 — EBT tumbled 103.64% — and 2024, when it soared 4042.86%.
- Morningstar's EBT stood at $30.6 million in 2022, then surged by 195.1% to $90.3 million in 2023, then surged by 80.4% to $162.9 million in 2024, then decreased by 7.37% to $150.9 million in 2025, then slipped by 2.58% to $147.0 million in 2026.
- Business Quant data shows MORN's EBT at $147.0 million in Q2 2026, $141.8 million in Q1 2026, and $150.9 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.23 Bn | 123.09 Bn | 2.98 Bn | 1.73 Bn |
| 2 | Cme | 99.02 Bn | 99.02 Bn | 1.65 Bn | 1.33 Bn |
| 3 | Intercontinental Exchange | 90.83 Bn | 88.88 Bn | - | 1.29 Bn |
| 4 | Moodys | 87.62 Bn | 86.12 Bn | 1.67 Bn | 1.17 Bn |
| 5 | Nasdaq | 55.28 Bn | 54.56 Bn | 1.50 Bn | 653.00 Mn |
| 6 | Coinbase Global | 48.70 Bn | 39.91 Bn | 1.16 Bn | -395.41 Mn |
| 7 | Msci | 41.07 Bn | 40.71 Bn | 717.10 Mn | 417.30 Mn |
| 8 | Cboe Global Markets | 31.54 Bn | 29.14 Bn | 731.60 Mn | 494.70 Mn |
| 9 | TransUnion | 16.28 Bn | 15.44 Bn | 765.00 Mn | 201.50 Mn |
| 10 | Morningstar | 8.14 Bn | 7.62 Bn | 423.90 Mn | 147.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 147.00 Mn |
| Mar 31, 2026 | 141.80 Mn |
| Dec 31, 2025 | 150.90 Mn |
| Sep 30, 2025 | 123.10 Mn |
| Jun 30, 2025 | 116.50 Mn |
| Mar 31, 2025 | 108.50 Mn |
| Dec 31, 2024 | 162.90 Mn |
| Sep 30, 2024 | 151.90 Mn |
| Jun 30, 2024 | 89.50 Mn |
| Mar 31, 2024 | 87.00 Mn |
| Dec 31, 2023 | 90.30 Mn |
| Sep 30, 2023 | 57.40 Mn |
| Jun 30, 2023 | 31.70 Mn |
| Mar 31, 2023 | 2.10 Mn |
| Dec 31, 2022 | 30.60 Mn |
| Sep 30, 2022 | -2.30 Mn |
| Jun 30, 2022 | 39.30 Mn |
| Mar 31, 2022 | 63.00 Mn |
| Dec 31, 2021 | 74.20 Mn |
| Sep 30, 2021 | 63.20 Mn |