Growth Metrics

Morningstar (MORN) Intangibles (2009 - 2026)

Morningstar (MORN) reported Intangibles of $591.4 million for Q1 2026, up 40.68% year-over-year from $420.4 million in Q1 2025, and up 55.92% on a QoQ basis from $379.3 million in Q4 2025.

Morningstar (MORN) has 18 years of Intangibles data on file, last reported at $591.4 million in Q1 2026.

  • Quarterly Intangibles rose 40.68% year-over-year to $591.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $591.4 million (up 40.68% YoY) and the FY2025 annual result came in at $379.3 million, down 7.22% from the prior year.
  • Intangibles grew to $591.4 million in Q1 2026 per MORN's latest filing, from $379.3 million in the prior quarter.
  • Across five years, Intangibles topped out at $591.4 million in Q1 2026 and bottomed at $2.9 million in Q2 2022.
  • The 5-year median for Intangibles is $443.1 million (2024), against an average of $436.0 million.
  • The widest annual swing landed in 2022, when Intangibles plunged 99.18%; it then jumped 17779.31% in 2023.
  • Tracing MORN's Intangibles over 5 years: stood at $548.6 million in 2022, then decreased by 11.7% to $484.4 million in 2023, then declined by 15.61% to $408.8 million in 2024, then decreased by 7.22% to $379.3 million in 2025, then jumped by 55.92% to $591.4 million in 2026.
  • Per Business Quant, the three latest MORN Intangibles figures stand at $591.4 million (Q1 2026), $379.3 million (Q4 2025), and $396.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 15.98 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 2.55 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 15.11 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 1.81 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 6.38 Bn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 1.36 Bn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 851.00 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 1.27 Bn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 3.56 Bn
10 Morningstar 7.12 Bn 6.58 Bn 405.90 Mn 591.40 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 591.40 Mn
Dec 31, 2025 379.30 Mn
Sep 30, 2025 396.00 Mn
Jun 30, 2025 413.30 Mn
Mar 31, 2025 420.40 Mn
Dec 31, 2024 408.80 Mn
Sep 30, 2024 432.50 Mn
Jun 30, 2024 443.10 Mn
Mar 31, 2024 463.40 Mn
Dec 31, 2023 484.40 Mn
Sep 30, 2023 495.40 Mn
Jun 30, 2023 518.50 Mn
Mar 31, 2023 532.60 Mn
Dec 31, 2022 548.60 Mn
Sep 30, 2022 559.10 Mn
Jun 30, 2022 2.90 Mn
Mar 31, 2022 321.60 Mn
Dec 31, 2021 328.20 Mn
Sep 30, 2021 344.20 Mn
Jun 30, 2021 353.00 Mn
Mar 31, 2021 364.80 Mn
Dec 31, 2020 380.10 Mn
Sep 30, 2020 382.80 Mn
Jun 30, 2020 310.50 Mn
Mar 31, 2020 306.20 Mn
Dec 31, 2019 333.40 Mn
Sep 30, 2019 335.70 Mn
Jun 30, 2019 64.70 Mn
Mar 31, 2019 68.80 Mn
Dec 31, 2018 73.90 Mn
Sep 30, 2018 79.30 Mn
Jun 30, 2018 84.20 Mn
Mar 31, 2018 90.20 Mn
Dec 31, 2017 95.40 Mn
Sep 30, 2017 100.90 Mn
Jun 30, 2017 105.80 Mn
Mar 31, 2017 114.70 Mn
Dec 31, 2016 120.90 Mn
Sep 30, 2016 65.30 Mn
Jun 30, 2016 70.00 Mn
Mar 31, 2016 70.30 Mn
Dec 31, 2015 74.20 Mn
Sep 30, 2015 77.10 Mn
Jun 30, 2015 83.50 Mn
Mar 31, 2015 87.90 Mn
Dec 31, 2014 95.90 Mn
Sep 30, 2014 103.44 Mn
Jun 30, 2014 111.78 Mn
Mar 31, 2014 98.95 Mn
Dec 31, 2013 103.91 Mn
Sep 30, 2013 109.27 Mn
Jun 30, 2013 112.07 Mn
Mar 31, 2013 109.72 Mn
Dec 31, 2012 116.73 Mn
Sep 30, 2012 122.83 Mn
Jun 30, 2012 127.38 Mn
Mar 31, 2012 134.99 Mn
Dec 31, 2011 139.81 Mn
Sep 30, 2011 147.31 Mn
Jun 30, 2011 156.94 Mn
Mar 31, 2011 162.57 Mn
Dec 31, 2010 169.02 Mn
Sep 30, 2010 167.31 Mn
Jun 30, 2010 156.83 Mn
Dec 31, 2009 135.49 Mn