Morningstar (MORN) Net Income (2009 - 2026)
Morningstar's (MORN) quarterly Net Income came in at $107.2 million in Q1 2026, up 32.18% year-on-year from $81.1 million in Q1 2025, and down 6.38% on a QoQ basis from $114.5 million in Q4 2025.
Morningstar (MORN) Net Income (2009 - 2026) Analysis & Trends
Morningstar (MORN) has 16 years of Net Income data on file, last reported at $107.2 million in Q1 2026.
- On a quarterly basis, Net Income rose 32.18% year-over-year to $107.2 million in Q1 2026; TTM through Mar 2026 was $403.6 million, a 0.22% change from a year earlier, with the FY2025 full-year figure at $377.5 million, down 2.53% from the prior year.
- Net Income for Q1 2026 stood at $107.2 million, down from $114.5 million in the prior quarter.
- Over the last five years, Net Income for MORN reached as high as $129.0 million in Q4 2024 and fell as low as -$7.7 million in Q3 2022.
- Historically, Net Income has averaged $64.4 million across 5 years, with a median of $70.3 million in 2024.
- Across the five-year window, Net Income sank 116.35% in 2022 and soared 1714.29% in 2023, its largest moves.
- Year by year, Net Income stood at $4.2 million in 2022, then surged by 1714.29% to $76.2 million in 2023, then surged by 69.29% to $129.0 million in 2024, then dropped by 11.24% to $114.5 million in 2025, then retreated by 6.38% to $107.2 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were $107.2 million in Q1 2026, $114.5 million in Q4 2025, and $91.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 123.54 Bn | 121.73 Bn | 2.94 Bn | 1.50 Bn |
| 2 | Cme | 93.95 Bn | 93.95 Bn | 1.65 Bn | 1.04 Bn |
| 3 | Intercontinental Exchange | 86.02 Bn | 84.27 Bn | - | 1.43 Bn |
| 4 | Moodys | 83.68 Bn | 82.18 Bn | 1.67 Bn | 879.00 Mn |
| 5 | Nasdaq | 53.85 Bn | 53.14 Bn | 1.50 Bn | 507.00 Mn |
| 6 | Coinbase Global | 43.36 Bn | 32.93 Bn | 1.33 Bn | -394.12 Mn |
| 7 | Msci | 41.57 Bn | 41.22 Bn | 717.10 Mn | 342.00 Mn |
| 8 | Cboe Global Markets | 30.85 Bn | 28.68 Bn | 728.90 Mn | 385.70 Mn |
| 9 | TransUnion | 16.17 Bn | 15.44 Bn | 726.20 Mn | 400.50 Mn |
| 10 | Morningstar | 7.43 Bn | 6.90 Bn | 405.90 Mn | 107.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 107.20 Mn |
| Dec 31, 2025 | 114.50 Mn |
| Sep 30, 2025 | 91.70 Mn |
| Jun 30, 2025 | 90.20 Mn |
| Mar 31, 2025 | 81.10 Mn |
| Dec 31, 2024 | 129.00 Mn |
| Sep 30, 2024 | 122.30 Mn |
| Jun 30, 2024 | 70.30 Mn |
| Mar 31, 2024 | 65.70 Mn |
| Dec 31, 2023 | 76.20 Mn |
| Sep 30, 2023 | 40.70 Mn |
| Jun 30, 2023 | 37.90 Mn |
| Mar 31, 2023 | -6.30 Mn |
| Dec 31, 2022 | 4.20 Mn |
| Sep 30, 2022 | -7.70 Mn |
| Jun 30, 2022 | 31.90 Mn |
| Mar 31, 2022 | 45.70 Mn |
| Dec 31, 2021 | 55.70 Mn |
| Sep 30, 2021 | 47.10 Mn |
| Jun 30, 2021 | 31.90 Mn |