Morningstar (MORN) Revenue (2009 - 2026)
Morningstar's (MORN) quarterly Revenue came in at $663.2 million in Q2 2026, up 9.6% year-over-year from $605.1 million in Q2 2025, and up 2.85% quarter-over-quarter from $644.8 million in Q1 2026.
Analysis
Morningstar (MORN) Revenue (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported Revenue for 18 consecutive years, with $663.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Revenue rose 9.6% year-over-year to $663.2 million in Q2 2026; TTM through Jun 2026 was $2.6 billion, a 9.33% increase from a year earlier, with the FY2025 full-year figure at $2.4 billion, up 7.49% from the prior year.
- Revenue was $663.2 million for Q2 2026 at Morningstar, up from $644.8 million in the prior quarter.
- Over five years, Revenue peaked at $663.2 million in Q2 2026 and troughed at $457.0 million in Q1 2022.
- A 5-year average of $552.1 million and a median of $556.1 million in 2024 frame the typical range for Revenue.
- The widest YoY moves for Revenue: up 16.34% in 2022, down 2.77% in 2022.
- Over 5 years, Revenue stood at $475.0 million in 2022, then gained by 13.41% to $538.7 million in 2023, then grew by 9.71% to $591.0 million in 2024, then grew by 8.48% to $641.1 million in 2025, then grew by 3.45% to $663.2 million in 2026.
- The last three Revenue figures came in at $663.2 million (Q2 2026), $644.8 million (Q1 2026), and $641.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 121.34 Bn | 117.20 Bn | 2.98 Bn | 4.15 Bn |
| 2 | Moodys | 81.34 Bn | 79.84 Bn | 1.67 Bn | 2.19 Bn |
| 3 | Msci | 39.85 Bn | 39.49 Bn | 717.10 Mn | 867.00 Mn |
| 4 | Verisk Analytics | 22.97 Bn | 22.42 Bn | 572.90 Mn | 806.30 Mn |
| 5 | Factset Research Systems | 9.48 Bn | 9.17 Bn | 310.73 Mn | 622.92 Mn |
| 6 | Morningstar | 7.30 Bn | 6.77 Bn | 423.90 Mn | 663.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 663.20 Mn |
| Mar 31, 2026 | 644.80 Mn |
| Dec 31, 2025 | 641.10 Mn |
| Sep 30, 2025 | 617.40 Mn |
| Jun 30, 2025 | 605.10 Mn |
| Mar 31, 2025 | 581.90 Mn |
| Dec 31, 2024 | 591.00 Mn |
| Sep 30, 2024 | 569.40 Mn |
| Jun 30, 2024 | 571.90 Mn |
| Mar 31, 2024 | 542.80 Mn |
| Dec 31, 2023 | 538.70 Mn |
| Sep 30, 2023 | 515.50 Mn |
| Jun 30, 2023 | 504.70 Mn |
| Mar 31, 2023 | 479.70 Mn |
| Dec 31, 2022 | 475.00 Mn |
| Sep 30, 2022 | 468.20 Mn |
| Jun 30, 2022 | 470.40 Mn |
| Mar 31, 2022 | 457.00 Mn |
| Dec 31, 2021 | 462.20 Mn |
| Sep 30, 2021 | 428.90 Mn |