Morningstar (MORN) Gross Margin (2009 - 2026)

Morningstar (MORN) has reported Gross Margin for 18 consecutive years, with 63.92% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 203.0% year-over-year to 63.92% in Q2 2026; TTM through Jun 2026 was 62.24%, a 130.0% increase from a year earlier, with the FY2025 full-year figure at 61.03%, up 40.0% from the prior year.
• Gross Margin was 63.92% for Q2 2026 at Morningstar, up from 62.95% in the prior quarter.
• Over five years, Gross Margin peaked at 63.92% in Q2 2026 and troughed at 54.39% in Q1 2023.
• A 5-year average of 60.05% and a median of 60.68% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 375 bps in 2023 and surged 543 bps in 2024, its largest moves.
• Over 5 years, Gross Margin stood at 58.95% in 2022, then advanced by 5 bps to 61.87% in 2023, then dropped by 2 bps to 60.71% in 2024, then rose by 1 bps to 61.13% in 2025, then increased by 5 bps to 63.92% in 2026.
• The last three Gross Margin figures came in at 63.92% (Q2 2026), 62.95% (Q1 2026), and 61.13% (Q4 2025), per Business Quant data.