Morningstar (MORN) Revenue (2009 - 2026)
Morningstar (MORN) reported Revenue of $644.8 million for Q1 2026, up 10.81% year-over-year from $581.9 million in Q1 2025, and up 0.58% on a QoQ basis from $641.1 million in Q4 2025.
Morningstar (MORN) has 18 years of Revenue data on file, last reported at $644.8 million in Q1 2026.
- Quarterly Revenue rose 10.81% year-over-year to $644.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.5 billion (up 8.39% YoY) and the FY2025 annual result came in at $2.4 billion, up 7.49% from the prior year.
- Revenue advanced to $644.8 million in Q1 2026 per MORN's latest filing, from $641.1 million in the prior quarter.
- Across five years, Revenue topped out at $644.8 million in Q1 2026 and bottomed at $457.0 million in Q1 2022.
- The 5-year median for Revenue is $542.8 million (2024), against an average of $545.6 million.
- Peak annual rise in Revenue reached 16.34% in 2022, while the deepest fall reached 2.77% in 2022.
- Tracing MORN's Revenue over 5 years: stood at $475.0 million in 2022, then rose by 13.41% to $538.7 million in 2023, then climbed by 9.71% to $591.0 million in 2024, then climbed by 8.48% to $641.1 million in 2025, then grew by 0.58% to $644.8 million in 2026.
- Per Business Quant, the three latest MORN Revenue figures stand at $644.8 million (Q1 2026), $641.1 million (Q4 2025), and $617.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 4.17 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 1.88 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 2.98 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 2.08 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 2.14 Bn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 1.41 Bn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 850.80 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 | 1.25 Bn |
| 10 | Morningstar | 7.12 Bn | 6.58 Bn | 405.90 Mn | 644.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 415.40 Mn |
| Mar 31, 2021 | 392.80 Mn |
| Dec 31, 2020 | 380.40 Mn |
| Sep 30, 2020 | 357.20 Mn |
| Jun 30, 2020 | 327.90 Mn |
| Mar 31, 2020 | 324.00 Mn |
| Dec 31, 2019 | 332.40 Mn |
| Sep 30, 2019 | 313.80 Mn |
| Jun 30, 2019 | 273.90 Mn |
| Mar 31, 2019 | 258.90 Mn |
| Dec 31, 2018 | 262.70 Mn |
| Sep 30, 2018 | 261.30 Mn |
| Jun 30, 2018 | 252.40 Mn |
| Mar 31, 2018 | 243.50 Mn |
| Dec 31, 2017 | 243.10 Mn |
| Sep 30, 2017 | 229.90 Mn |
| Jun 30, 2017 | 229.20 Mn |
| Mar 31, 2017 | 209.50 Mn |
| Dec 31, 2016 | 212.20 Mn |
| Sep 30, 2016 | 196.10 Mn |
| Jun 30, 2016 | 198.20 Mn |
| Mar 31, 2016 | 192.10 Mn |
| Dec 31, 2015 | 201.60 Mn |
| Sep 30, 2015 | 195.30 Mn |
| Jun 30, 2015 | 202.10 Mn |
| Mar 31, 2015 | 189.80 Mn |
| Dec 31, 2014 | 196.40 Mn |
| Sep 30, 2014 | 193.10 Mn |
| Jun 30, 2014 | 189.40 Mn |
| Mar 31, 2014 | 181.20 Mn |
| Dec 31, 2013 | 180.50 Mn |
| Sep 30, 2013 | 173.48 Mn |
| Jun 30, 2013 | 175.43 Mn |
| Mar 31, 2013 | 168.86 Mn |
| Dec 31, 2012 | 170.61 Mn |
| Sep 30, 2012 | 160.95 Mn |
| Jun 30, 2012 | 165.97 Mn |
| Mar 31, 2012 | 160.76 Mn |
| Dec 31, 2011 | 158.57 Mn |
| Sep 30, 2011 | 160.05 Mn |
| Jun 30, 2011 | 161.01 Mn |
| Mar 31, 2011 | 151.77 Mn |
| Dec 31, 2010 | 151.15 Mn |
| Sep 30, 2010 | 139.82 Mn |
| Jun 30, 2010 | 136.09 Mn |
| Mar 31, 2010 | 128.29 Mn |
| Dec 31, 2009 | 122.64 Mn |
| Sep 30, 2009 | 120.09 Mn |
| Jun 30, 2009 | 119.53 Mn |