Morningstar (MORN) Tax Provisions (2009 - 2026)
Morningstar (MORN) posted quarterly Tax Provisions of $38.3 million for Q2 2026, up 45.63% year-over-year from $26.3 million in Q2 2025, and up 10.69% quarter-over-quarter from $34.6 million in Q1 2026.
Morningstar (MORN) Tax Provisions (2009 - 2026) Analysis & Trends
Morningstar (MORN) has reported Tax Provisions for 18 consecutive years, with $38.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 45.63% year-over-year to $38.3 million; the TTM figure through Jun 2026 stood at $140.7 million (up 20.05% YoY), while the FY2025 annual figure was $121.5 million, up 16.83% from the prior year.
- Tax Provisions grew to $38.3 million in Q2 2026 per MORN's latest filing, from $34.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $38.3 million in Q2 2026 and bottomed at -$6.2 million in Q2 2023.
- Historically, Tax Provisions has averaged $21.6 million across 5 years, with a median of $23.8 million in 2024.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 183.78% — and 2024, when it surged 409.68%.
- Morningstar's Tax Provisions stood at $26.4 million in 2022, then slumped by 46.59% to $14.1 million in 2023, then soared by 140.43% to $33.9 million in 2024, then advanced by 7.37% to $36.4 million in 2025, then gained by 5.22% to $38.3 million in 2026.
- Business Quant data shows MORN's Tax Provisions at $38.3 million in Q2 2026, $34.6 million in Q1 2026, and $36.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 406.00 Mn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 285.90 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 312.00 Mn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 292.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 146.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | -35.94 Mn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 75.30 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 141.60 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 54.80 Mn |
| 10 | Morningstar | 8.19 Bn | 7.66 Bn | 423.90 Mn | 38.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.30 Mn |
| Mar 31, 2026 | 34.60 Mn |
| Dec 31, 2025 | 36.40 Mn |
| Sep 30, 2025 | 31.40 Mn |
| Jun 30, 2025 | 26.30 Mn |
| Mar 31, 2025 | 27.40 Mn |
| Dec 31, 2024 | 33.90 Mn |
| Sep 30, 2024 | 29.60 Mn |
| Jun 30, 2024 | 19.20 Mn |
| Mar 31, 2024 | 21.30 Mn |
| Dec 31, 2023 | 14.10 Mn |
| Sep 30, 2023 | 16.70 Mn |
| Jun 30, 2023 | -6.20 Mn |
| Mar 31, 2023 | 8.40 Mn |
| Dec 31, 2022 | 26.40 Mn |
| Sep 30, 2022 | 5.40 Mn |
| Jun 30, 2022 | 7.40 Mn |
| Mar 31, 2022 | 17.30 Mn |
| Dec 31, 2021 | 18.50 Mn |
| Sep 30, 2021 | 16.10 Mn |