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.

• Shares Outstanding (Diluted Average) for Q1 2026 came in at $39.3 million, down 8.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $39.3 million (down 8.82% YoY), and the FY2025 annual result was $42.2 million, down 2.09% from the prior year.
• Shares Outstanding (Diluted Average) retreated to $39.3 million in Q1 2026 per MORN's latest filing, from $42.2 million in the prior quarter.
• Over five years, Shares Outstanding (Diluted Average) peaked at $43.3 million in Q1 2022 and troughed at $39.3 million in Q1 2026.
• A 5-year average of $42.7 million and a median of $42.9 million in 2022 frame the typical range for Shares Outstanding (Diluted Average).
• The sharpest annual moves came in 2024 and 2026: Shares Outstanding (Diluted Average) grew 1.18% in 2024, then dropped 8.82% in 2026.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $42.9 million in 2022, then changed by 0.0% to $42.9 million in 2023, then grew by 0.47% to $43.1 million in 2024, then fell by 2.09% to $42.2 million in 2025, then declined by 6.87% to $39.3 million in 2026.
• Business Quant data shows MORN's Shares Outstanding (Diluted Average) at $39.3 million in Q1 2026, $42.2 million in Q4 2025, and $42.6 million in Q3 2025.