Morningstar (MORN) Gross Profit (2009 - 2026)

Morningstar (MORN) reported Gross Profit of $405.9 million for Q1 2026, down 13.51% year-over-year from $469.3 million in Q1 2025, and up 3.57% quarter-over-quarter from $391.9 million in Q4 2025.

Morningstar (MORN) Gross Profit (2009 - 2026) Analysis & Trends

Morningstar (MORN) has 18 years of Gross Profit data on file, last reported at $405.9 million in Q1 2026.

  • Gross Profit for Q1 2026 came in at $405.9 million, down 13.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 2.37% YoY), and the FY2025 annual result was $1.5 billion, up 8.21% from the prior year.
  • Gross Profit improved to $405.9 million in Q1 2026 per MORN's latest filing, from $391.9 million in the prior quarter.
  • Over five years, Gross Profit peaked at $702.8 million in Q4 2022 and troughed at $272.8 million in Q2 2022.
  • A 5-year average of $411.0 million and a median of $391.9 million in 2025 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2022 and 2023: Gross Profit jumped 157.81% in 2022, then sank 52.58% in 2023.
  • A 5-year view of Gross Profit shows it stood at $702.8 million in 2022, then slumped by 52.58% to $333.3 million in 2023, then grew by 7.65% to $358.8 million in 2024, then grew by 9.23% to $391.9 million in 2025, then advanced by 3.57% to $405.9 million in 2026.
  • Business Quant data shows MORN's Gross Profit at $405.9 million in Q1 2026, $391.9 million in Q4 2025, and $501.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn -
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn
10 Morningstar 6.04 Bn 5.51 Bn 405.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 405.90 Mn
Mar 31, 2026 405.90 Mn
Dec 31, 2025 391.90 Mn
Dec 31, 2025 391.90 Mn
Sep 30, 2025 501.90 Mn
Sep 30, 2025 501.90 Mn
Jun 30, 2025 374.50 Mn
Jun 30, 2025 374.50 Mn
Mar 31, 2025 469.30 Mn
Mar 31, 2025 469.30 Mn
Dec 31, 2024 358.80 Mn
Dec 31, 2024 358.80 Mn
Sep 30, 2024 346.70 Mn
Sep 30, 2024 346.70 Mn
Jun 30, 2024 460.60 Mn
Jun 30, 2024 460.60 Mn
Mar 31, 2024 438.20 Mn
Mar 31, 2024 438.20 Mn
Dec 31, 2023 333.30 Mn
Dec 31, 2023 333.30 Mn