Morningstar Inc. (MORN)
NASDAQ: MORN
· Real-Time Price · USD
258.55
-0.53 (-0.20%)
At close: Aug 15, 2025, 3:59 PM
258.53
-0.01%
After-hours: Aug 15, 2025, 05:46 PM EDT
Morningstar Income Statement
Financials in USD. Fiscal
year is
January - December.
Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 605.1M | 581.9M | 591M | 569.4M | 570.5M | 544M | 542.4M | 515.5M | 504.7M | 479.7M | 475M | 468.2M | 470.4M | 457M | 462.2M | 428.9M | 415.4M | 392.8M |
Cost of Revenue | 230.6M | 231.4M | 232.2M | 222.7M | 271.8M | 265.3M | 251.9M | 202.9M | 216.4M | 218.8M | 195M | 195.4M | 197.6M | 191.3M | 189.6M | 183.1M | 168.4M | 157.3M |
Gross Profit | 374.5M | 350.5M | 358.8M | 346.7M | 298.7M | 278.7M | 290.5M | 312.6M | 288.3M | 260.9M | 280M | 272.8M | 272.8M | 265.7M | 272.6M | 245.8M | 247M | 235.5M |
Operating Income | -113.3M | 114.1M | 168.2M | 115.5M | 112.1M | 94.3M | 99.1M | 70M | 41.7M | 15.4M | 35.5M | 8.2M | 53.9M | 56.4M | 74.8M | 67.8M | 47.2M | 67.2M |
Interest Income | n/a | n/a | 3.7M | 3.2M | 2.8M | 2.5M | 3.1M | 3M | 1.7M | 1.2M | 1.3M | 100K | 100K | 200K | 900K | 200K | 300K | 300K |
Pretax Income | 116.5M | 105.9M | 150.8M | 149.3M | 88.3M | 85.5M | 87.6M | 57.4M | 31.7M | 2.1M | 30.6M | -2.3M | 39.3M | 63M | 74.2M | 63.2M | 45.8M | 67.3M |
Net Income | 89M | 78.5M | 116.9M | 119.7M | 69.1M | 64.2M | 73.5M | 39.1M | 36.1M | -6.3M | 3.3M | -7.7M | 30.1M | 46.1M | 56.5M | 49M | 32.9M | 54.9M |
Selling & General & Admin | 201.7M | 189.1M | 206.2M | 185.5M | 191.6M | 184.4M | 191.4M | 196M | 199.6M | 191.6M | 199.7M | 206.6M | 178.9M | 171.7M | 159.4M | 139.9M | 162.2M | 131.7M |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | 81.2M | n/a | n/a | n/a | 64.3M | n/a | n/a | n/a | 59.9M | n/a | n/a | n/a |
Other Expenses | 48.5M | 47.3M | -15.6M | 45.7M | -8.9M | n/a | 6.9M | 200K | 4.1M | 44.8M | 44.8M | 44.2M | -10.2M | 37.6M | -100K | -2.3M | -800K | 2.9M |
Operating Expenses | 250.2M | 236.4M | 190.6M | 231.2M | 186.6M | 184.4M | 191.4M | 242.6M | 246.6M | 236.4M | 244.5M | 250.8M | 218.9M | 209.3M | 197.8M | 178M | 199.8M | 168.3M |
Interest Expense | -12.8M | 8.9M | 10.7M | 12.1M | 13.1M | 14M | 14.6M | 15.8M | 15.8M | 14.5M | 12.4M | 10.5M | 4.5M | 2.6M | 2.3M | 2.5M | 2.5M | 3.1M |
Selling & Marketing Expenses | 119.7M | 112.6M | 117.2M | 107.9M | 111.3M | 104.6M | 100.4M | 106.3M | 109.5M | 107.6M | 93.6M | 89.7M | 91.8M | 81.4M | 73.5M | 72.9M | 66.5M | 61.9M |
Cost & Expenses | 480.8M | 467.8M | 422.8M | 453.9M | 458.4M | 449.7M | 443.3M | 445.5M | 463M | 455.2M | 439.5M | 446.2M | 416.5M | 400.6M | 387.4M | 361.1M | 368.2M | 325.6M |
Income Tax Expense | 26.3M | 27.4M | 33.9M | 29.6M | 19.2M | 21.3M | 14.1M | 16.7M | -6.2M | 8.4M | 26.4M | 5.4M | 7.4M | 17.3M | 18.5M | 16.1M | 13.9M | 14.1M |
Shares Outstanding (Basic) | 42.5M | 42.8M | 42.9M | 42.9M | 42.8M | 42.7M | 42.7M | 42.7M | 42.6M | 42.5M | 42.5M | 42.5M | 42.6M | 43M | 43.1M | 43.1M | 43M | 42.9M |
Shares Outstanding (Diluted) | 42.8M | 43.1M | 43.1M | 43.2M | 43.1M | 43M | 43M | 42.9M | 42.8M | 42.8M | 42.7M | 42.7M | 42.9M | 43.3M | 43.4M | 43.4M | 43.3M | 43.3M |
EPS (Basic) | 2.11 | 1.83 | 2.72 | 2.79 | 1.61 | 1.50 | 1.72 | 0.92 | 0.85 | -0.15 | 0.08 | -0.18 | 0.71 | 1.06 | 1.31 | 1.14 | 0.77 | 1.28 |
EPS (Diluted) | 2.09 | 1.82 | 2.71 | 2.77 | 1.60 | 1.49 | 1.71 | 0.91 | 0.84 | -0.15 | 0.08 | -0.18 | 0.70 | 1.06 | 1.30 | 1.13 | 0.76 | 1.27 |
EBITDA | 151M | 164.7M | 209.9M | 207.1M | 157.6M | 139.8M | 145.6M | 116.6M | 88.7M | 69.3M | 86.9M | 51.2M | 93.9M | 101.1M | 115.7M | 105.9M | 114.9M | 113.3M |
EBIT | 121.9M | 117.4M | 161.5M | 164M | 102.6M | 101M | 104.9M | 73.2M | 47.5M | 16.6M | 43M | 8.3M | 43.8M | 65.6M | 76.5M | 65.7M | 48.3M | 70.4M |
Depreciation & Amortization | 48.5M | 47.3M | 48.4M | 45.7M | 49.1M | 47.2M | 46.5M | 46.6M | 47M | 44.8M | 44.8M | 44.2M | 40M | 37.6M | 38.4M | 38.1M | 37.6M | 36.6M |