Morningstar Inc.

NASDAQ: MORN · Real-Time Price · USD
257.89
-1.19 (-0.46%)
At close: Aug 15, 2025, 10:15 AM

Morningstar Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
2.28B 2.04B 1.87B 1.7B
Cost of Revenue
895.7M 843.5M 779.3M 698.4M
Gross Profit
1.38B 1.2B 1.09B 1B
Operating Income
484.8M 230.6M 167.8M 257M
Interest Income
12.2M 9M 1.7M 1.7M
Pretax Income
473.9M 174.1M 130.6M 250.5M
Net Income
369.9M 141.1M 70.5M 193.3M
Selling & General & Admin
768.2M 779.6M 756.9M 593.2M
Research & Development
n/a 81.2M 64.3M 59.9M
Other Expenses
126.4M 103.7M 166.6M 150.7M
Operating Expenses
894.6M 964.5M 923.5M 743.9M
Interest Expense
49.9M 60.7M 30.1M 10.4M
Selling & Marketing Expenses
441M 423.8M 356.5M 274.8M
Cost & Expenses
1.79B 1.81B 1.7B 1.44B
Income Tax Expense
104M 33M 56.5M 62.6M
Shares Outstanding (Basic)
42.8M 42.6M 42.6M 43M
Shares Outstanding (Diluted)
43.1M 42.9M 42.9M 43.4M
EPS (Basic)
8.64 3.31 1.65 4.50
EPS (Diluted)
8.58 3.29 1.64 4.45
EBITDA
714.2M 419.7M 323.7M 417M
EBIT
541.2M 242.2M 160.7M 257M
Depreciation & Amortization
190.4M 184.9M 166.6M 150.7M