Morningstar (MORN) Operating Leases (2019 - 2026)

Morningstar (MORN) has 8 years of Operating Leases data on file, last reported at $151.0 million in Q1 2026.

• Quarterly Operating Leases fell 24.27% year-over-year to $151.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $151.0 million (down 24.27% YoY) and the FY2025 annual result came in at $146.7 million, down 13.86% from the prior year.
• Operating Leases advanced to $151.0 million in Q1 2026 per MORN's latest filing, from $146.7 million in the prior quarter.
• Across five years, Operating Leases topped out at $206.4 million in Q1 2023 and bottomed at $129.1 million in Q1 2022.
• The 5-year median for Operating Leases is $168.6 million (2024), against an average of $169.0 million.
• The widest annual swing landed in 2023, when Operating Leases soared 59.88%; it then retreated 24.27% in 2026.
• Tracing MORN's Operating Leases over 5 years: stood at $176.7 million in 2022, then declined by 14.32% to $151.4 million in 2023, then grew by 12.48% to $170.3 million in 2024, then decreased by 13.86% to $146.7 million in 2025, then climbed by 2.93% to $151.0 million in 2026.
• Per Business Quant, the three latest MORN Operating Leases figures stand at $151.0 million (Q1 2026), $146.7 million (Q4 2025), and $153.8 million (Q3 2025).

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