Morningstar (MORN) Revenue (2009 - 2026)
Morningstar (MORN) posted quarterly Revenue of $663.2 million for 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.
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.
- In Q2 2026, Revenue rose 9.6% year-over-year to $663.2 million; the TTM figure through Jun 2026 stood at $2.6 billion (up 9.33% YoY), while the FY2025 annual figure was $2.4 billion, up 7.49% from the prior year.
- Revenue rose to $663.2 million in Q2 2026 per MORN's latest filing, from $644.8 million in the prior quarter.
- Across five years, Revenue topped out at $663.2 million in Q2 2026 and bottomed at $457.0 million in Q1 2022.
- Historically, Revenue has averaged $552.1 million across 5 years, with a median of $556.1 million in 2024.
- On a YoY basis, Revenue climbed as much as 16.34% in 2022 and fell as far as 2.77% in 2022.
- Morningstar's Revenue stood at $475.0 million in 2022, then climbed by 13.41% to $538.7 million in 2023, then rose by 9.71% to $591.0 million in 2024, then rose by 8.48% to $641.1 million in 2025, then rose by 3.45% to $663.2 million in 2026.
- Business Quant data shows MORN's Revenue at $663.2 million in Q2 2026, $644.8 million in Q1 2026, and $641.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 4.15 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 1.71 Bn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 3.61 Bn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 2.19 Bn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 2.53 Bn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | 1.22 Bn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 867.00 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 1.44 Bn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 1.31 Bn |
| 10 | Morningstar | 8.19 Bn | 7.66 Bn | 423.90 Mn | 663.20 Mn |
Historic Data
Download 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 |