Morningstar, Inc. MORN
NASDAQ
| 09/30/2026 | 06/30/2026 | 03/31/2026 | 12/31/2025 | 09/30/2025 | |
|---|---|---|---|---|---|
| Revenue | 672.10M | 663.20M | 644.80M | 641.10M | 617.40M |
| Total Other Revenue | -- | -- | -- | -- | -- |
| Total Revenue | 672.10M | 663.20M | 644.80M | 641.10M | 617.40M |
| Cost of Revenue | 240.70M | 239.30M | 238.90M | 249.20M | 241.70M |
| Gross Profit | 431.40M | 423.90M | 405.90M | 391.90M | 375.70M |
| SG&A Expenses | 210.90M | 216.60M | 199.20M | 204.30M | 201.40M |
| Depreciation & Amortization | 53.10M | 53.50M | 51.70M | 47.10M | 47.00M |
| Other Operating Expenses | -- | -- | -- | -- | -- |
| Total Operating Expenses | 504.70M | 509.40M | 489.80M | 500.60M | 490.10M |
| Operating Income | 167.40M | 153.80M | 155.00M | 140.50M | 127.30M |
| Income Before Tax | 153.90M | 146.10M | 141.70M | 151.50M | 123.00M |
| Income Tax Expenses | 38.40M | 38.30M | 34.60M | 36.40M | 31.40M |
| Earnings from Continuing Operations | 115.50M | 107.80M | 107.10M | 115.10M | 91.60M |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 115.50M | 107.80M | 107.10M | 115.10M | 91.60M |
| EBIT | 167.40M | 153.80M | 155.00M | 140.50M | 127.30M |
| EBITDA | 220.50M | 207.30M | 206.70M | 187.60M | 174.30M |
| EPS Basic | 3.09 | 2.85 | 2.74 | 2.84 | 2.18 |
| Normalized Basic EPS | 2.57 | 2.30 | 2.25 | 2.04 | 1.82 |
| EPS Diluted | 3.06 | 2.83 | 2.73 | 2.83 | 2.17 |
| Normalized Diluted EPS | 2.54 | 2.29 | 2.24 | 2.03 | 1.81 |
| Average Basic Shares Outstanding | 37.40M | 37.80M | 39.10M | 40.50M | 42.10M |
| Average Diluted Shares Outstanding | 37.80M | 38.10M | 39.30M | 40.70M | 42.30M |
| Dividend Per Share | 0.50 | 0.50 | 0.50 | 0.50 | 0.46 |
| Payout Ratio | 16.19% | 17.63% | 18.58% | 16.42% | 20.96% |