Morningstar (MORN) Payables (2009 - 2026)
Morningstar (MORN) posted quarterly Payables of $110.1 million for Q2 2026, up 22.06% year-over-year from $90.2 million in Q2 2025, and down 10.34% quarter-over-quarter from $122.8 million in Q1 2026.
Morningstar (MORN) Payables (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported Payables for 18 consecutive years, with $110.1 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Payables rose 22.06% year-over-year to $110.1 million; the TTM figure through Jun 2026 stood at $110.1 million (up 22.06% YoY), while the FY2025 annual figure was $97.9 million, up 12.14% from the prior year.
- Payables fell to $110.1 million in Q2 2026 per MORN's latest filing, from $122.8 million in the prior quarter.
- Across five years, Payables topped out at $122.8 million in Q1 2026 and bottomed at $72.7 million in Q1 2022.
- Historically, Payables has averaged $97.7 million across 5 years, with a median of $100.1 million in 2022.
- Annual changes were most pronounced in 2022 — Payables surged 96.44% — and 2024, when it dropped 23.74%.
- Morningstar's Payables stood at $108.3 million in 2022, then rose by 2.03% to $110.5 million in 2023, then retreated by 21.0% to $87.3 million in 2024, then climbed by 12.14% to $97.9 million in 2025, then climbed by 12.46% to $110.1 million in 2026.
- Business Quant data shows MORN's Payables at $110.1 million in Q2 2026, $122.8 million in Q1 2026, and $97.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 611.00 Mn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 68.00 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 1.16 Bn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 1.09 Bn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 252.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | 539.20 Mn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 17.20 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 389.10 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 404.90 Mn |
| 10 | Morningstar | 8.19 Bn | 7.66 Bn | 423.90 Mn | 110.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 110.10 Mn |
| Mar 31, 2026 | 122.80 Mn |
| Dec 31, 2025 | 97.90 Mn |
| Sep 30, 2025 | 90.40 Mn |
| Jun 30, 2025 | 90.20 Mn |
| Mar 31, 2025 | 92.60 Mn |
| Dec 31, 2024 | 87.30 Mn |
| Sep 30, 2024 | 80.40 Mn |
| Jun 30, 2024 | 77.10 Mn |
| Mar 31, 2024 | 104.10 Mn |
| Dec 31, 2023 | 110.50 Mn |
| Sep 30, 2023 | 102.20 Mn |
| Jun 30, 2023 | 101.10 Mn |
| Mar 31, 2023 | 101.70 Mn |
| Dec 31, 2022 | 108.30 Mn |
| Sep 30, 2022 | 99.20 Mn |
| Jun 30, 2022 | 109.50 Mn |
| Mar 31, 2022 | 72.70 Mn |
| Dec 31, 2021 | 76.50 Mn |
| Sep 30, 2021 | 50.50 Mn |