Revenues of Morningstar, Inc. from 31 Mar 2010 to 31 Dec 2025

Taxonomy & unit: us-gaap: USD
Description: Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).
Summary: Morningstar, Inc. quarterly and annual Revenues in USD history and change rate from 31 Mar 2010 to 31 Dec 2025.
Morningstar, Inc. Revenues for the quarter ending 31 Dec 2025 was $641,100,000, a 8.5% increase year-over-year.
Morningstar, Inc. Revenues for the twelve months ending 31 Dec 2025 was $2,445,500,000, a 7.5% increase year-over-year.
Morningstar, Inc. annual Revenues for 2025 was $2,445,500,000, a 7.5% increase from 2024.
Morningstar, Inc. annual Revenues for 2024 was $2,275,100,000, a 12% increase from 2023.
Morningstar, Inc. annual Revenues for 2023 was $2,038,600,000, a 9% increase from 2022.
Source SEC data: View on sec.gov

Revenues, Trailing 12 Months (USD)

Revenues, Quarterly (USD)

Revenues, YoY Quarterly Change (%)

Revenues, Annual (USD)

Revenues, YoY Annual Change (%)

Morningstar, Inc. Quarterly Revenues (USD)

Period	TTM Value	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed	Fiscal Year	Fiscal Period
Q4 2025	$2,445,500,000	$641,100,000	+$50,100,000	+8.5%	01 Oct 2025	31 Dec 2025	10-K	13 Feb 2026	2025	FY
Q3 2025	$2,395,400,000	$617,400,000	+$48,000,000	+8.4%	01 Jul 2025	30 Sep 2025	10-Q	30 Oct 2025	2025	Q3
Q2 2025	$2,347,400,000	$605,100,000	+$33,200,000	+5.8%	01 Apr 2025	30 Jun 2025	10-Q	31 Jul 2025	2025	Q2
Q1 2025	$2,314,200,000	$581,900,000	+$39,100,000	+7.2%	01 Jan 2025	31 Mar 2025	10-Q	01 May 2025	2025	Q1
Q4 2024	$2,275,100,000	$591,000,000	+$52,300,000	+9.7%	01 Oct 2024	31 Dec 2024	10-K	13 Feb 2026	2025	FY
Q3 2024	$2,222,800,000	$569,400,000	+$53,900,000	+10%	01 Jul 2024	30 Sep 2024	10-Q	30 Oct 2025	2025	Q3
Q2 2024	$2,168,900,000	$571,900,000	+$67,200,000	+13%	01 Apr 2024	30 Jun 2024	10-Q	31 Jul 2025	2025	Q2
Q1 2024	$2,101,700,000	$542,800,000	+$63,100,000	+13%	01 Jan 2024	31 Mar 2024	10-Q	01 May 2025	2025	Q1
Q4 2023	$2,038,600,000	$538,700,000	+$63,700,000	+13%	01 Oct 2023	31 Dec 2023	10-K	13 Feb 2026	2025	FY
Q3 2023	$1,974,900,000	$515,500,000	+$47,300,000	+10%	01 Jul 2023	30 Sep 2023	10-Q	25 Oct 2024	2024	Q3
Q2 2023	$1,927,600,000	$504,700,000	+$34,300,000	+7.3%	01 Apr 2023	30 Jun 2023	10-Q	26 Jul 2024	2024	Q2
Q1 2023	$1,893,300,000	$479,700,000	+$22,700,000	+5%	01 Jan 2023	31 Mar 2023	10-Q	26 Apr 2024	2024	Q1
Q4 2022	$1,870,600,000	$475,000,000	+$12,800,000	+2.8%	01 Oct 2022	31 Dec 2022	10-K	28 Feb 2025	2024	FY
Q3 2022	$1,857,800,000	$468,200,000	+$39,300,000	+9.2%	01 Jul 2022	30 Sep 2022	10-Q	09 Nov 2023	2023	Q3
Q2 2022	$1,818,500,000	$470,400,000	+$55,000,000	+13%	01 Apr 2022	30 Jun 2022	10-Q	28 Jul 2023	2023	Q2
Q1 2022	$1,763,500,000	$457,000,000	+$64,200,000	+16%	01 Jan 2022	31 Mar 2022	10-Q	28 Apr 2023	2023	Q1
Q4 2021	$1,699,300,000	$462,200,000	+$81,800,000	+22%	01 Oct 2021	31 Dec 2021	10-K	29 Feb 2024	2023	FY
Q3 2021	$1,617,500,000	$428,900,000	+$71,700,000	+20%	01 Jul 2021	30 Sep 2021	10-Q	28 Oct 2022	2022	Q3
Q2 2021	$1,545,800,000	$415,400,000	+$87,500,000	+27%	01 Apr 2021	30 Jun 2021	10-Q	29 Jul 2022	2022	Q2
Q1 2021	$1,458,300,000	$392,800,000	+$68,800,000	+21%	01 Jan 2021	31 Mar 2021	10-Q	29 Apr 2022	2022	Q1
Q4 2020	$1,389,500,000	$380,400,000	+$48,000,000	+14%	01 Oct 2020	31 Dec 2020	10-K	26 Feb 2021	2020	FY
Q3 2020	$1,341,500,000	$357,200,000	+$43,400,000	+14%	01 Jul 2020	30 Sep 2020	10-Q	29 Oct 2021	2021	Q3
Q2 2020	$1,298,100,000	$327,900,000	+$54,000,000	+20%	01 Apr 2020	30 Jun 2020	10-Q	30 Jul 2021	2021	Q2
Q1 2020	$1,244,100,000	$324,000,000	+$65,100,000	+25%	01 Jan 2020	31 Mar 2020	10-Q	30 Apr 2021	2021	Q1
Q4 2019	$1,179,000,000	$332,400,000	+$69,700,000	+27%	01 Oct 2019	31 Dec 2019	10-K	26 Feb 2021	2020	FY
Q3 2019	$1,109,300,000	$313,800,000	+$52,500,000	+20%	01 Jul 2019	30 Sep 2019	10-K	26 Feb 2021	2020	FY
Q2 2019	$1,056,800,000	$273,900,000	+$21,500,000	+8.5%	01 Apr 2019	30 Jun 2019	10-K	26 Feb 2021	2020	FY
Q1 2019	$1,035,300,000	$258,900,000	+$15,400,000	+6.3%	01 Jan 2019	31 Mar 2019	10-K	26 Feb 2021	2020	FY
Q4 2018	$1,019,900,000	$262,700,000	+$19,600,000	+8.1%	01 Oct 2018	31 Dec 2018	10-K	02 Mar 2020	2019	FY
Q3 2018	$1,000,300,000	$261,300,000	+$31,400,000	+14%	01 Jul 2018	30 Sep 2018	10-K	02 Mar 2020	2019	FY
Q2 2018	$968,900,000	$252,400,000	+$23,200,000	+10%	01 Apr 2018	30 Jun 2018	10-K	02 Mar 2020	2019	FY
Q1 2018	$945,700,000	$243,500,000	+$34,000,000	+16%	01 Jan 2018	31 Mar 2018	10-K	02 Mar 2020	2019	FY
Q4 2017	$911,700,000	$243,100,000			01 Oct 2017	31 Dec 2017	10-K	01 Mar 2019	2018	FY
Q3 2017		$229,900,000			01 Jul 2017	30 Sep 2017	10-K	01 Mar 2019	2018	FY
Q2 2017		$229,200,000			01 Apr 2017	30 Jun 2017	10-K	01 Mar 2019	2018	FY
Q1 2017		$209,500,000			01 Jan 2017	31 Mar 2017	10-K	01 Mar 2019	2018	FY
Q1 2011	$578,828,000	$151,767,000	+$23,477,000	+18%	01 Jan 2011	31 Mar 2011	10-Q	04 May 2011	2011	Q1
Q4 2010	$555,351,000	$151,153,000			01 Oct 2010	31 Dec 2010	10-K	28 Feb 2011	2010	FY
Q3 2010		$139,817,000			01 Jul 2010	30 Sep 2010	10-Q	03 Nov 2010	2010	Q3
Q2 2010		$136,091,000			01 Apr 2010	30 Jun 2010	10-Q	05 Aug 2010	2010	Q2
Q1 2010		$128,290,000			01 Jan 2010	31 Mar 2010	10-Q	04 May 2011	2011	Q1

Morningstar, Inc. Annual Revenues (USD)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed	Fiscal Year	Fiscal Period
2025	$2,445,500,000	+$170,400,000	+7.5%	01 Jan 2025	31 Dec 2025	10-K	13 Feb 2026	2025	FY
2024	$2,275,100,000	+$236,500,000	+12%	01 Jan 2024	31 Dec 2024	10-K	13 Feb 2026	2025	FY
2023	$2,038,600,000	+$168,000,000	+9%	01 Jan 2023	31 Dec 2023	10-K	13 Feb 2026	2025	FY
2022	$1,870,600,000	+$171,300,000	+10%	01 Jan 2022	31 Dec 2022	10-K	28 Feb 2025	2024	FY
2021	$1,699,300,000	+$309,800,000	+22%	01 Jan 2021	31 Dec 2021	10-K	29 Feb 2024	2023	FY
2020	$1,389,500,000	+$210,500,000	+18%	01 Jan 2020	31 Dec 2020	10-K	24 Feb 2023	2022	FY
2019	$1,179,000,000	+$159,100,000	+16%	01 Jan 2019	31 Dec 2019	10-K	25 Feb 2022	2021	FY
2018	$1,019,900,000	+$108,200,000	+12%	01 Jan 2018	31 Dec 2018	10-K	26 Feb 2021	2020	FY
2017	$911,700,000	+$113,100,000	+14%	01 Jan 2017	31 Dec 2017	10-K	02 Mar 2020	2019	FY
2016	$798,600,000			01 Jan 2016	31 Dec 2016	10-K	01 Mar 2019	2018	FY
2010	$555,351,000			01 Jan 2010	31 Dec 2010	10-K	28 Feb 2011	2010	FY

* An asterisk sign (*) next to the value indicates that the value is likely invalid.