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For the quarter ending 2026-03-31, MORN has $3,986,300K in assets. $2,967,600K in debts.

Balance Sheets Overview

Current Ratio
103.16%
Quick Ratio
103.16%
Debt to Asset Ratio
74.44%
Unit: Thousand (K) dollars
Assets Breakdown
    • Goodwill
    • Total current assets
    • Intangible assets, net
    • Others
Liabilities Breakdown
    • Retained earnings
    • Treasury stock at cost, 17,000,8...
    • Long-term debt
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
492,800 474,500 474,200 503,500
Investments
39,400 54,200 40,300 38,100
Accounts receivable, less allowance for credit losses of 7.4 million and 7.1 million, respectively
402,600 390,400 363,900 384,000
Income tax receivable
15,400 16,200 12,900 18,000
Deferred commissions
36,500 35,400 34,900 38,600
Prepaid expenses
57,100 42,500 41,800 49,300
Other current assets
19,500 24,800 11,200 10,800
Total current assets
1,063,300 1,038,000 979,200 1,042,300
Goodwill
1,747,200 1,610,800 1,614,700 1,618,200
Intangible assets, net
591,400 379,300 396,000 413,300
Property, equipment, and capitalized software, less accumulated depreciation and amortization of 930.2 million and 899.9 million, respectively
234,800 231,900 225,900 225,600
Operating lease assets
166,000 159,000 164,400 164,500
Investments in unconsolidated entities
50,300 50,300 71,800 77,200
Deferred tax assets, net
86,000 78,700 65,700 51,900
Deferred commissions
29,800 30,100 29,500 28,800
Other assets
17,500 12,100 10,400 8,700
Total assets
3,986,300 3,590,200 3,557,600 3,630,500
Deferred revenue
669,300 586,100 563,900 594,200
Accrued compensation
144,900 294,200 231,000 179,500
Accounts payable and accrued liabilities
104,600 97,900 90,400 90,200
Current portion of long-term debt
18,200 ---
Operating lease liabilities
42,700 41,800 39,900 39,300
Income tax payable
43,100 24,000 9,600 8,000
Other current liabilities
7,900 9,300 10,700 9,800
Total current liabilities
1,030,700 1,053,300 945,500 921,000
Operating lease liabilities
151,000 146,700 153,800 155,900
Accrued compensation
20,300 20,100 20,000 21,700
Deferred tax liabilities, net
21,500 27,200 27,200 29,900
Long-term debt
1,694,600 1,072,600 848,900 838,800
Deferred revenue
21,300 21,000 21,000 21,900
Income tax payable
13,800 13,100 13,500 13,100
Other long-term liabilities
14,400 14,300 13,700 13,700
Total liabilities
2,967,600 2,368,300 2,043,600 2,016,000
Common stock, no par value, 200,000,000 shares authorized, of which 38,027,605 and 39,740,881 shares were outstanding as of march 31, 2026 and december31, 2025, respectively
0 0 0 0
Treasury stock at cost, 17,000,866 and 15,277,454 shares as of march 31, 2026 and december31, 2025, respectively
2,088,700 1,785,700 1,386,800 1,216,000
Additional paid-in capital
892,500 869,500 861,400 853,000
Retained earnings
2,294,300 2,206,200 2,110,800 2,038,200
Currency translation adjustment
-79,400 -68,100 -71,400 -60,700
Unrealized gain on available-for-sale investments, net of tax
-0 0 0
Total accumulated other comprehensive loss
-79,400 -68,100 -71,400 -60,700
Total equity
1,018,700 1,221,900 1,514,000 1,614,500
Total liabilities and equity
3,986,300 3,590,200 3,557,600 3,630,500
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$492,800K Accounts receivable,less allowance for...$402,600K Prepaid expenses$57,100K Investments$39,400K Deferred commissions$36,500K Other current assets$19,500K Income tax receivable$15,400K Goodwill$1,747,200K Total current assets$1,063,300K Intangible assets, net$591,400K Property, equipment, andcapitalized software, less...$234,800K Operating lease assets$166,000K Deferred tax assets, net$86,000K Investments inunconsolidated entities$50,300K Deferred commissions$29,800K Other assets$17,500K Total assets$3,986,300K Total liabilities andequity$3,986,300K Currency translationadjustment-$79,400K Total liabilities$2,967,600K Total equity$1,018,700K Treasury stock at cost,17,000,866 and 15,277,454...$2,088,700K Total accumulatedother comprehensive...-$79,400K Long-term debt$1,694,600K Total currentliabilities$1,030,700K Operating leaseliabilities$151,000K Deferred taxliabilities, net$21,500K Deferred revenue$21,300K Accrued compensation$20,300K Other long-termliabilities$14,400K Income tax payable$13,800K Retained earnings$2,294,300K Additional paid-in capital$892,500K Deferred revenue$669,300K Accrued compensation$144,900K Accounts payable andaccrued liabilities$104,600K Income tax payable$43,100K Operating leaseliabilities$42,700K Current portion oflong-term debt$18,200K Other currentliabilities$7,900K

Morningstar, Inc. (MORN)

Morningstar, Inc. (MORN)