Morningstar Inc. (MORN)
NASDAQ: MORN
· Real-Time Price · USD
257.65
-1.43 (-0.55%)
At close: Aug 15, 2025, 3:04 PM
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 |