For the quarter ending 2026-03-31, MORN made $644,800K in revenue. $107,100K in net income. Net profit margin of 16.61%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 644,800 | 641,100 | 617,400 | 605,100 |
| Cost of revenue | 238,900 | 249,200 | 241,700 | 230,600 |
| Sales and marketing | 115,200 | 119,200 | 115,500 | 119,700 |
| General and administrative | 84,000 | 89,600 | 85,900 | 82,000 |
| Depreciation and amortization | 51,700 | 47,100 | 47,000 | 48,500 |
| Total operating expense | 489,800 | 505,100 | 490,100 | 480,800 |
| Gain on sale of customer assets | - | 23,350* | - | - |
| Other operating income | 900 | 250* | 500 | 800 |
| Operating income | 155,900 | 159,600 | 127,800 | 125,100 |
| Gain on sale of business | 0 | 0* | 0 | - |
| Net realized gains on sale of investments, reclassified from other comprehensive income | - | - | - | 1,900 |
| Expense from equity method transaction, net | - | -2,200* | - | - |
| Interest expense, net | -13,700 | -8,800 | -7,000 | -7,400 |
| Other income (expense), net | -400 | 2,300 | 2,300 | -3,100 |
| Non-operating income (expense), net | -14,100 | -8,700 | -4,700 | -8,600 |
| Income before income taxes and equity in investments of unconsolidated entities | 141,800 | 150,900 | 123,100 | 116,500 |
| Equity in investments of unconsolidated entities | -100 | 600 | -100 | -1,200 |
| Income tax expense | 34,600 | 36,400 | 31,400 | 26,300 |
| Consolidated net income | 107,100 | 115,100 | 91,600 | 89,000 |
| Basic EPS | 2.74 | 2.842 | 2.18 | 2.11 |
| Diluted EPS | 2.73 | 2.814 | 2.17 | 2.09 |
| Basic Average Shares | 39,100,000 | 40,500,000 | 42,100,000 | 42,200,000 |
| Diluted Average Shares | 39,300,000 | 40,900,000 | 42,300,000 | 42,500,000 |
Morningstar, Inc. (MORN)
Morningstar, Inc. (MORN)