Morningstar (MORN) Gross Profit (2009 - 2026)
Morningstar (MORN) posted quarterly Gross Profit of $423.9 million for Q2 2026, up 13.19% year-over-year from $374.5 million in Q2 2025, and up 4.43% quarter-over-quarter from $405.9 million in Q1 2026.
Morningstar (MORN) Gross Profit (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported Gross Profit for 18 consecutive years, with $423.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Profit rose 13.19% year-over-year to $423.9 million; the TTM figure through Jun 2026 stood at $1.6 billion (up 11.67% YoY), while the FY2025 annual figure was $1.5 billion, up 8.21% from the prior year.
- Gross Profit improved to $423.9 million in Q2 2026 per MORN's latest filing, from $405.9 million in the prior quarter.
- Across five years, Gross Profit topped out at $423.9 million in Q2 2026 and bottomed at $260.9 million in Q1 2023.
- Historically, Gross Profit has averaged $332.7 million across 5 years, with a median of $340.0 million in 2023.
- Annual changes were most pronounced in 2023 — Gross Profit retreated 1.81% — and 2024, when it increased 24.45%.
- Morningstar's Gross Profit stood at $280.0 million in 2022, then advanced by 19.04% to $333.3 million in 2023, then increased by 7.65% to $358.8 million in 2024, then increased by 9.23% to $391.9 million in 2025, then increased by 8.17% to $423.9 million in 2026.
- Business Quant data shows MORN's Gross Profit at $423.9 million in Q2 2026, $405.9 million in Q1 2026, and $391.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn |
| 10 | Morningstar | 8.19 Bn | 7.66 Bn | 423.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 423.90 Mn |
| Jun 30, 2026 | 423.90 Mn |
| 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 | 375.70 Mn |
| Sep 30, 2025 | 375.70 Mn |
| Jun 30, 2025 | 374.50 Mn |
| Jun 30, 2025 | 374.50 Mn |
| Mar 31, 2025 | 350.50 Mn |
| Mar 31, 2025 | 350.50 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 | 349.20 Mn |
| Jun 30, 2024 | 349.20 Mn |
| Mar 31, 2024 | 324.70 Mn |
| Mar 31, 2024 | 324.70 Mn |