For the twelve months ended Sep 30, 2026, Morningstar Inc. reported $2.62B of revenue and $445.50M of net income.
MORN revenueQ3 2026$672.10M
- Quarter YoY
- +8.9%
- QoQ
- +1.3%
- FY YoY
- +7.5%
- 5Y CAGR
- +12.0%
- 10Y CAGR
- +12.0%
MORN revenue was $672.10M in fiscal Q3 2026 (ended Sep 30, 2026), up 8.9% from a year earlier and up 1.3% from the prior quarter. For the full fiscal 2025 it was $2.45B, up 7.5% from fiscal 2024. Compound annual growth was +12.0% over 5 years and +12.0% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
MORN net incomeQ3 2026$115.50M
- Quarter YoY
- +26.1%
- QoQ
- +7.1%
- FY YoY
- +1.2%
- 5Y CAGR
- +10.8%
- 10Y CAGR
- +10.9%
MORN net income was $115.50M in fiscal Q3 2026 (ended Sep 30, 2026), up 26.1% from a year earlier and up 7.1% from the prior quarter. For the full fiscal 2025 it was $374.20M, up 1.2% from fiscal 2024. Compound annual growth was +10.8% over 5 years and +10.9% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
MORN EPSQ3 2026$3.06
- Quarter YoY
- +41.0%
- QoQ
- +8.1%
- FY YoY
- +3.4%
- 5Y CAGR
- +11.4%
- 10Y CAGR
- +11.5%
MORN diluted EPS was $3.06 in fiscal Q3 2026 (ended Sep 30, 2026), up 41.0% from a year earlier and up 8.1% from the prior quarter. For the full fiscal 2025 it was $8.87, up 3.4% from fiscal 2024. Compound annual growth was +11.4% over 5 years and +11.5% over 10 years.
MORN free cash flowQ3 2026$155.40M
- Quarter YoY
- -2.9%
- QoQ
- +26.9%
- FY YoY
- -1.4%
- 5Y CAGR
- +7.5%
- 10Y CAGR
- +9.2%
MORN free cash flow was $155.40M in fiscal Q3 2026 (ended Sep 30, 2026), down 2.9% from a year earlier and up 26.9% from the prior quarter. For the full fiscal 2025 it was $442.60M, down 1.4% from fiscal 2024. Compound annual growth was +7.5% over 5 years and +9.2% over 10 years. It rose in 7 of the last 10 fiscal years.
Source: XBRL data Morningstar Inc. files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.