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| 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 |