Morningstar (MORN) Shares Outstanding (Diluted Average) (2009 - 2026)

Morningstar (MORN) has 18 years of Shares Outstanding (Diluted Average) data on file, last reported at $39.3 million in Q1 2026.

• Quarterly Shares Outstanding (Diluted Average) fell 8.82% year-over-year to $39.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $39.3 million (down 8.82% YoY) and the FY2025 annual result came in at $42.2 million, down 2.09% from the prior year.
• Shares Outstanding (Diluted Average) slipped to $39.3 million in Q1 2026 per MORN's latest filing, from $42.2 million in the prior quarter.
• Across five years, Shares Outstanding (Diluted Average) topped out at $43.3 million in Q1 2022 and bottomed at $39.3 million in Q1 2026.
• The 5-year median for Shares Outstanding (Diluted Average) is $42.9 million (2022), against an average of $42.7 million.
• The widest annual swing landed in 2024, when Shares Outstanding (Diluted Average) advanced 1.18%; it then decreased 8.82% in 2026.
• Tracing MORN's Shares Outstanding (Diluted Average) over 5 years: stood at $42.9 million in 2022, then changed by 0.0% to $42.9 million in 2023, then advanced by 0.47% to $43.1 million in 2024, then dropped by 2.09% to $42.2 million in 2025, then slipped by 6.87% to $39.3 million in 2026.
• Per Business Quant, the three latest MORN Shares Outstanding (Diluted Average) figures stand at $39.3 million (Q1 2026), $42.2 million (Q4 2025), and $42.6 million (Q3 2025).

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