Morningstar (MORN) Shares Outstanding (2009 - 2026)
Morningstar (MORN) posted quarterly Shares Outstanding (Entity) of $37.5 million for Q2 2026, down 11.06% year-over-year from $42.2 million in Q2 2025, and down 1.35% quarter-over-quarter from $38.0 million in Q1 2026.
Morningstar (MORN) Shares Outstanding (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported Shares Outstanding (Entity) for 18 consecutive years, with $37.5 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Shares Outstanding (Entity) fell 11.06% year-over-year to $37.5 million; the TTM figure through Jun 2026 stood at $37.5 million (down 11.06% YoY), while the FY2025 annual figure was $39.7 million, down 7.3% from the prior year.
- Shares Outstanding (Entity) retreated to $37.5 million in Q2 2026 per MORN's latest filing, from $38.0 million in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $42.9 million in Q3 2024 and bottomed at $37.5 million in Q2 2026.
- Historically, Shares Outstanding (Entity) has averaged $41.9 million across 5 years, with a median of $42.5 million in 2023.
- Annual changes were most pronounced in 2023 — Shares Outstanding (Entity) increased 0.58% — and 2026, when it fell 11.06%.
- Morningstar's Shares Outstanding (Entity) stood at $42.5 million in 2022, then rose by 0.58% to $42.7 million in 2023, then gained by 0.33% to $42.9 million in 2024, then decreased by 7.3% to $39.7 million in 2025, then slipped by 5.6% to $37.5 million in 2026.
- Business Quant data shows MORN's Shares Outstanding (Entity) at $37.5 million in Q2 2026, $38.0 million in Q1 2026, and $39.7 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 295.40 Mn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 360.68 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 564.00 Mn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 174.10 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 564.16 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | 263.41 Mn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 72.80 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 104.70 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 192.30 Mn |
| 10 | Morningstar | 8.19 Bn | 7.66 Bn | 423.90 Mn | 37.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.80 Mn |
| Mar 31, 2026 | 39.10 Mn |
| Dec 31, 2025 | 41.90 Mn |
| Sep 30, 2025 | 42.10 Mn |
| Jun 30, 2025 | 42.20 Mn |
| Mar 31, 2025 | 42.80 Mn |
| Dec 31, 2024 | 42.80 Mn |
| Sep 30, 2024 | 42.90 Mn |
| Jun 30, 2024 | 42.80 Mn |
| Mar 31, 2024 | 42.70 Mn |
| Dec 31, 2023 | 42.60 Mn |
| Sep 30, 2023 | 42.70 Mn |
| Jun 30, 2023 | 42.60 Mn |
| Mar 31, 2023 | 42.50 Mn |
| Dec 31, 2022 | 42.60 Mn |
| Sep 30, 2022 | 42.50 Mn |
| Jun 30, 2022 | 42.60 Mn |
| Mar 31, 2022 | 43.00 Mn |
| Dec 31, 2021 | 43.00 Mn |
| Sep 30, 2021 | 43.10 Mn |