Price Alert

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	2.35B	2.31B	2.27B	2.23B	2.17B	2.11B	2.04B	1.97B	1.93B	1.89B	1.87B	1.86B	1.82B	1.76B	1.7B	1.62B	1.55B	1.46B
Cost of Revenue	916.9M	958.1M	992M	1.01B	991.9M	936.5M	890M	833.1M	825.6M	806.8M	779.3M	773.9M	761.6M	732.4M	698.4M	658.4M	614M	576.7M
Gross Profit	1.43B	1.35B	1.28B	1.21B	1.18B	1.17B	1.15B	1.14B	1.1B	1.09B	1.09B	1.08B	1.06B	1.03B	1B	959.1M	931.8M	881.6M
Operating Income	284.5M	509.9M	490.1M	421M	375.5M	305.1M	226.2M	162.6M	100.8M	113M	154M	193.3M	252.9M	246.2M	257M	247.3M	223.8M	237.9M
Interest Income	6.9M	9.7M	12.2M	11.6M	11.4M	10.3M	9M	7.2M	4.3M	2.7M	1.7M	1.3M	1.4M	1.6M	1.7M	1.2M	1.5M	1.4M
Pretax Income	522.5M	494.3M	473.9M	410.7M	318.8M	262.2M	178.8M	121.8M	62.1M	69.7M	130.6M	174.2M	239.7M	246.2M	250.5M	269.7M	299M	317.1M
Net Income	404.1M	384.2M	369.9M	326.5M	245.9M	212.9M	142.4M	72.2M	25.4M	19.4M	71.8M	125M	181.7M	184.5M	193.3M	212.1M	239.3M	254.6M
Selling & General & Admin	782.5M	772.4M	767.7M	752.9M	763.4M	771.4M	778.6M	786.9M	797.5M	776.8M	756.9M	716.6M	649.9M	633.2M	593.2M	563.7M	562.2M	501.8M
Research & Development	n/a	n/a	n/a	81.2M	81.2M	81.2M	81.2M	64.3M	64.3M	64.3M	64.3M	59.9M	59.9M	59.9M	59.9M	53.9M	53.9M	53.9M
Other Expenses	125.9M	68.5M	21.2M	43.7M	-1.8M	11.2M	56M	93.9M	137.9M	123.6M	116.4M	71.5M	25M	34.4M	-300K	1.1M	2.1M	7.4M
Operating Expenses	908.4M	844.8M	792.8M	793.6M	805M	865M	917M	970.1M	978.3M	950.6M	923.5M	876.8M	804M	784.9M	743.9M	711.8M	708M	643.7M
Interest Expense	18.9M	44.8M	49.9M	53.8M	57.5M	60.2M	60.7M	58.5M	53.2M	41.9M	30M	19.9M	11.9M	9.9M	10.4M	11.5M	10.9M	10.5M
Selling & Marketing Expenses	457.4M	449M	441M	424.2M	422.6M	420.8M	423.8M	417M	400.4M	382.7M	356.5M	336.4M	319.6M	294.3M	274.8M	257M	236.7M	217.4M
Cost & Expenses	1.83B	1.8B	1.78B	1.81B	1.8B	1.8B	1.81B	1.8B	1.8B	1.76B	1.7B	1.65B	1.57B	1.52B	1.44B	1.37B	1.32B	1.22B
Income Tax Expense	117.2M	110.1M	104M	84.2M	71.3M	45.9M	33M	45.3M	34M	47.6M	56.5M	48.6M	59.3M	65.8M	62.6M	63.2M	64M	65.3M
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)	9.45	8.95	8.62	7.62	5.75	4.99	3.34	1.70	0.60	0.46	1.67	2.90	4.22	4.28	4.50	4.95	5.59	5.95
EPS (Diluted)	9.39	8.90	8.57	7.57	5.71	4.95	3.31	1.68	0.59	0.45	1.66	2.88	4.19	4.25	4.46	4.90	5.53	5.89
EBITDA	732.7M	739.3M	714.4M	650.1M	559.6M	490.7M	420.2M	361.5M	296.1M	301.3M	333.1M	361.9M	416.6M	437.6M	449.8M	467.7M	441.9M	422M
EBIT	564.8M	545.5M	529.1M	472.5M	381.7M	326.6M	242.2M	180.3M	115.4M	111.7M	160.7M	194.2M	251.6M	256.1M	260.9M	281.2M	309.9M	327.6M
Depreciation & Amortization	189.9M	190.5M	190.4M	188.5M	189.4M	187.3M	184.9M	183.2M	180.8M	173.8M	166.6M	160.2M	154.1M	151.7M	150.7M	148.1M	145.8M	141.9M