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% quarter-over-quarter from $641.1 million in Q4 2025.

Morningstar (MORN) Revenue (2009 - 2026) Analysis & Trends

Morningstar (MORN) has 18 years of Revenue data on file, last reported at $644.8 million in Q1 2026.

  • Revenue for Q1 2026 came in at $644.8 million, up 10.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.5 billion (up 8.39% YoY), and the FY2025 annual result was $2.4 billion, up 7.49% from the prior year.
  • Revenue grew to $644.8 million in Q1 2026 per MORN's latest filing, from $641.1 million in the prior quarter.
  • Over five years, Revenue peaked at $644.8 million in Q1 2026 and troughed at $457.0 million in Q1 2022.
  • A 5-year average of $545.6 million and a median of $542.8 million in 2024 frame the typical range for Revenue.
  • On a YoY basis, Revenue climbed as much as 16.34% in 2022 and fell as far as 2.77% in 2022.
  • A 5-year view of Revenue shows it stood at $475.0 million in 2022, then advanced by 13.41% to $538.7 million in 2023, then increased by 9.71% to $591.0 million in 2024, then increased by 8.48% to $641.1 million in 2025, then rose by 0.58% to $644.8 million in 2026.
  • Business Quant data shows MORN's Revenue at $644.8 million in Q1 2026, $641.1 million in Q4 2025, and $617.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 4.17 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 1.88 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 2.08 Bn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 2.98 Bn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 2.14 Bn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 1.41 Bn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 850.80 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 1.27 Bn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 1.25 Bn
10 Morningstar 6.04 Bn 5.51 Bn 405.90 Mn 644.80 Mn

Historic Data

Download Data
DateValue
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