For the year ending 2025-12-31, MORN has $3,590,200K in assets. $2,368,300K in debts. $474,500K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 474,500 | |||
| Investments | 54,200 | |||
| Accounts receivable, less allowance for credit losses of 7.1 million and 7.1 million, respectively | 390,400 | |||
| Income tax receivable | 16,200 | |||
| Deferred commissions | 35,400 | |||
| Prepaid expenses | 42,500 | |||
| Other current assets | 24,800 | |||
| Total current assets | 1,038,000 | |||
| Goodwill | 1,610,800 | |||
| Intangible assets, net | 379,300 | |||
| Property, equipment, and capitalized software, net | 231,900 | |||
| Operating lease assets | 159,000 | |||
| Investments in unconsolidated entities | 50,300 | |||
| Deferred tax asset, net | 78,700 | |||
| Deferred commissions | 30,100 | |||
| Other assets | 12,100 | |||
| Total assets | 3,590,200 | |||
| Deferred revenue | 586,100 | |||
| Accrued compensation | 294,200 | |||
| Accounts payable and accrued liabilities | 97,900 | |||
| Operating lease liabilities | 41,800 | |||
| Income tax payable | 24,000 | |||
| Other current liabilities | 9,300 | |||
| Total current liabilities | 1,053,300 | |||
| Operating lease liabilities | 146,700 | |||
| Accrued compensation | 20,100 | |||
| Deferred tax liabilities, net | 27,200 | |||
| Long-term debt | 1,072,600 | |||
| Deferred revenue | 21,000 | |||
| Income tax payable | 13,100 | |||
| Other long-term liabilities | 14,300 | |||
| Total liabilities | 2,368,300 | |||
| Common stock, no par value, 200,000,000 shares authorized, of which 39,740,881 and 42,869,380 shares were outstanding as of december 31, 2025 and december31, 2024, respectively | 0 | |||
| Treasury stock at cost, 15,277,454 and 12,010,630 shares as of december 31, 2025 and december31, 2024 respectively | 1,785,700 | |||
| Additional paid-in capital | 869,500 | |||
| Retained earnings | 2,206,200 | |||
| Currency translation adjustment | -68,100 | |||
| Unrealized gain on available-for-sale investments, net of tax | 0 | |||
| Total accumulated other comprehensive loss | -68,100 | |||
| Total equity | 1,221,900 | |||
| Total liabilities and equity | 3,590,200 | |||
Morningstar, Inc. (MORN)
Morningstar, Inc. (MORN)