Morningstar, Inc. (MORN)

Every figure below is the company's own, as filed. Nothing is estimated and nothing is smoothed — a period the filing does not support is left blank rather than drawn. Quarters are the company's own, counted from its financial year ending 12-31. Amounts in USD.

Revenue Quarterly

0 250M 500M 750M Q1 '09: 116.7M Q2 '09: 119.5M Q3 '09: 120.1M Q4 '09: 122.6M Q1 '10: 128.3M Q2 '10: 136.1M Q3 '10: 139.8M Q4 '10: 151.2M Q1 '11: 151.8M Q2 '11: 161M Q3 '11: 160.1M Q4 '11: 158.6M Q1 '12: 160.8M Q2 '12: 166M Q3 '12: 161M Q4 '12: 170.6M Q1 '13: 168.9M Q2 '13: 175.4M Q3 '13: 173.5M Q4 '13: 180.5M Q1 '14: 181.2M Q2 '14: 189.4M Q3 '14: 193.1M Q4 '14: 196.4M Q1 '15: 189.8M Q2 '15: 202.1M Q3 '15: 195.3M Q4 '15: 201.6M Q1 '16: 192.1M Q2 '16: 198.2M Q3 '16: 196.1M Q4 '16: 212.2M Q1 '17: 209.5M Q2 '17: 229.2M Q3 '17: 229.9M Q4 '17: 243.1M Q1 '18: 243.5M Q2 '18: 252.4M Q3 '18: 261.3M Q4 '18: 262.7M Q1 '19: 258.9M Q2 '19: 273.9M Q3 '19: 313.8M Q4 '19: 332.4M Q1 '20: 324M Q2 '20: 327.9M Q3 '20: 357.2M Q4 '20: 380.4M Q1 '21: 392.8M Q2 '21: 415.4M Q3 '21: 428.9M Q4 '21: 462.2M Q1 '22: 457M Q2 '22: 470.4M Q3 '22: 468.2M Q4 '22: 475M Q1 '23: 479.7M Q2 '23: 504.7M Q3 '23: 515.5M Q4 '23: 538.7M Q1 '24: 542.8M Q2 '24: 571.9M Q3 '24: 569.4M Q4 '24: 591M Q1 '25: 581.9M Q2 '25: 605.1M Q3 '25: 617.4M Q4 '25: 641.1M Q1 '26: 644.8M Q2 '26: 663.2M Q3 '10 Q4 '12 Q1 '15 Q2 '17 Q3 '19 Q4 '21 Q1 '24 Q2 '26

Gross Profit Quarterly

0 150M 300M 450M Q1 '10: 94M Q2 '10: 96.4M Q3 '10: 99.1M Q4 '10: 108.9M Q1 '11: 111.1M Q2 '11: 115.8M Q3 '11: 112M Q4 '11: 57.2M Q1 '12: 110.4M Q2 '12: 116.5M Q3 '12: 100.4M Q4 '12: 110M Q1 '13: 107.2M Q2 '13: 111M Q3 '13: 101.1M Q4 '13: 107.6M Q1 '14: 105.4M Q2 '14: 107.9M Q3 '14: 113.1M Q4 '14: 115.2M Q1 '15: 111.1M Q2 '15: 118.9M Q3 '15: 111.9M Q4 '15: 116.7M Q1 '16: 106.8M Q2 '16: 112.1M Q3 '16: 111.2M Q4 '16: 124.2M Q1 '17: 112.5M Q2 '17: 133.9M Q3 '17: 139M Q4 '17: 139.7M Q1 '18: 141.1M Q2 '18: 152.6M Q3 '18: 161.3M Q4 '18: 153.8M Q1 '19: 153.8M Q2 '19: 166.4M Q3 '19: 185.4M Q4 '19: 190.3M Q1 '20: 187M Q2 '20: 196.8M Q3 '20: 218.5M Q4 '20: 230.8M Q1 '21: 235.5M Q2 '21: 247M Q3 '21: 245.8M Q4 '21: 272.6M Q1 '22: 265.7M Q2 '22: 272.8M Q3 '22: 272.8M Q4 '22: 280M Q1 '23: 260.9M Q2 '23: 288.3M Q3 '23: 312.6M Q4 '23: 333.3M Q1 '24: 324.7M Q2 '24: 349.2M Q3 '24: 346.7M Q4 '24: 358.8M Q1 '25: 350.5M Q2 '25: 374.5M Q3 '25: 375.7M Q4 '25: 391.9M Q1 '26: 405.9M Q2 '26: 423.9M Q3 '10 Q4 '12 Q1 '15 Q2 '17 Q3 '19 Q4 '21 Q1 '24 Q2 '26

Revenue minus cost of sales. This filer tags no gross profit of its own..

Operating Income Quarterly

-60M 0 60M 120M 180M Q1 '09: 34.6M Q2 '09: 32.7M Q3 '09: 33.7M Q4 '09: 23.7M Q1 '10: 30.9M Q2 '10: 27.7M Q3 '10: 30.2M Q4 '10: 32.3M Q1 '11: 31.8M Q2 '11: 38.6M Q3 '11: 33.9M Q4 '11: 34.1M Q1 '12: 30.4M Q2 '12: 41.1M Q3 '12: 39.9M Q4 '12: 39.3M Q1 '13: 40.6M Q2 '13: 43.6M Q3 '13: 44.6M Q4 '13: 41.9M Q1 '14: 38.5M Q2 '14: -24.8M Q3 '14: 45.3M Q4 '14: 46.6M Q1 '15: 44.5M Q2 '15: 49.7M Q3 '15: 46.2M Q4 '15: 50.1M Q1 '16: 42.3M Q2 '16: 44.4M Q3 '16: 44.2M Q4 '16: 49.9M Q1 '17: 28.4M Q2 '17: 46M Q3 '17: 52.8M Q4 '17: 42.6M Q1 '18: 47.5M Q2 '18: 53.6M Q3 '18: 65.4M Q4 '18: 49.3M Q1 '19: 49.5M Q2 '19: 50.8M Q3 '19: 49.6M Q4 '19: 39.7M Q1 '20: 44.5M Q2 '20: 61.3M Q3 '20: 44.3M Q4 '20: 65.1M Q1 '21: 67.2M Q2 '21: 47.2M Q3 '21: 67.8M Q4 '21: 74.8M Q1 '22: 56.4M Q2 '22: 53.9M Q3 '22: 22M Q4 '22: 35.5M Q1 '23: 24.5M Q2 '23: 41.7M Q3 '23: 70M Q4 '23: 94.4M Q1 '24: 92.6M Q2 '24: 108.5M Q3 '24: 115.5M Q4 '24: 168.2M Q1 '25: 114.1M Q2 '25: 125.1M Q3 '25: 127.8M Q4 '25: 159.6M Q1 '26: 155.9M Q2 '26: 160.6M Q3 '10 Q4 '12 Q1 '15 Q2 '17 Q3 '19 Q4 '21 Q1 '24 Q2 '26

Net Income Quarterly

-50M 0 50M 100M 150M Q1 '09: 25M Q2 '09: 20.5M Q3 '09: 22.5M Q4 '09: 14.1M Q1 '10: 20.2M Q2 '10: 18M Q3 '10: 24.7M Q4 '10: 23.5M Q1 '11: 22.5M Q2 '11: 26.5M Q3 '11: 21.4M Q4 '11: 28M Q1 '12: 20.1M Q2 '12: 27.9M Q3 '12: 27.1M Q4 '12: 33M Q1 '13: 29.6M Q2 '13: 31.1M Q3 '13: 31.5M Q4 '13: 31.3M Q1 '14: 26.4M Q2 '14: -9.8M Q3 '14: 30.2M Q4 '14: 31.5M Q1 '15: 29.7M Q2 '15: 32.2M Q3 '15: 33.5M Q4 '15: 37.3M Q1 '16: 28.7M Q2 '16: 31.8M Q3 '16: 30.2M Q4 '16: 70.3M Q1 '17: 18M Q2 '17: 46.1M Q3 '17: 33.9M Q4 '17: 38.9M Q1 '18: 41.9M Q2 '18: 41.8M Q3 '18: 56.9M Q4 '18: 42.4M Q1 '19: 33.2M Q2 '19: 42.1M Q3 '19: 49.1M Q4 '19: 27.6M Q1 '20: 23.9M Q2 '20: 48.2M Q3 '20: 76.2M Q4 '20: 76.2M Q1 '21: 54.9M Q2 '21: 32.9M Q3 '21: 49M Q4 '21: 56.5M Q1 '22: 46.1M Q2 '22: 30.1M Q3 '22: -9M Q4 '22: 3.3M Q1 '23: -7.6M Q2 '23: 36.1M Q3 '23: 39.1M Q4 '23: 73.5M Q1 '24: 64.2M Q2 '24: 69.1M Q3 '24: 119.7M Q4 '24: 116.9M Q1 '25: 78.5M Q2 '25: 89M Q3 '25: 91.6M Q4 '25: 115.1M Q1 '26: 107.1M Q2 '26: 107.8M Q3 '10 Q4 '12 Q1 '15 Q2 '17 Q3 '19 Q4 '21 Q1 '24 Q2 '26

Cost of Revenue Quarterly

0 90M 180M 270M Q1 '09: 30.3M Q2 '09: 30.7M Q3 '09: 32M Q4 '09: 35.7M Q1 '10: 34.3M Q2 '10: 39.7M Q3 '10: 40.7M Q4 '10: 42.3M Q1 '11: 40.7M Q2 '11: 45.2M Q3 '11: 48.1M Q4 '11: 101.4M Q1 '12: 50.3M Q2 '12: 49.5M Q3 '12: 60.6M Q4 '12: 60.6M Q1 '13: 61.6M Q2 '13: 64.4M Q3 '13: 72.4M Q4 '13: 72.9M Q1 '14: 75.8M Q2 '14: 81.5M Q3 '14: 80M Q4 '14: 81.2M Q1 '15: 78.7M Q2 '15: 83.2M Q3 '15: 83.4M Q4 '15: 84.9M Q1 '16: 85.3M Q2 '16: 86.1M Q3 '16: 84.9M Q4 '16: 88M Q1 '17: 97M Q2 '17: 95.3M Q3 '17: 90.9M Q4 '17: 103.4M Q1 '18: 102.4M Q2 '18: 99.8M Q3 '18: 100M Q4 '18: 108.9M Q1 '19: 105.1M Q2 '19: 107.5M Q3 '19: 128.4M Q4 '19: 142.1M Q1 '20: 137M Q2 '20: 131.1M Q3 '20: 138.7M Q4 '20: 149.6M Q1 '21: 157.3M Q2 '21: 168.4M Q3 '21: 183.1M Q4 '21: 189.6M Q1 '22: 191.3M Q2 '22: 197.6M Q3 '22: 195.4M Q4 '22: 195M Q1 '23: 218.8M Q2 '23: 216.4M Q3 '23: 202.9M Q4 '23: 205.4M Q1 '24: 218.1M Q2 '24: 222.7M Q3 '24: 222.7M Q4 '24: 232.2M Q1 '25: 231.4M Q2 '25: 230.6M Q3 '25: 241.7M Q4 '25: 249.2M Q1 '26: 238.9M Q2 '26: 239.3M Q3 '10 Q4 '12 Q1 '15 Q2 '17 Q3 '19 Q4 '21 Q1 '24 Q2 '26

Operating Cash Flow Quarterly

0 70M 140M 210M Q3 '09: 36.1M Q4 '09: 33.9M Q1 '10: 14.4M Q2 '10: 30.6M Q3 '10: 35.3M Q4 '10: 43.1M Q1 '11: 14.3M Q2 '11: 46.8M Q3 '11: 45.2M Q4 '11: 58.7M Q1 '12: 5.6M Q2 '12: 49.2M Q3 '12: 37.5M Q4 '12: 53.7M Q1 '13: 26.7M Q2 '13: 58.5M Q3 '13: 47.1M Q4 '13: 54.5M Q1 '14: 11.9M Q2 '14: 54.8M Q3 '14: 8.6M Q4 '14: 61.3M Q1 '15: 35M Q2 '15: 78M Q3 '15: 75.6M Q4 '15: 52.9M Q1 '16: 11.4M Q2 '16: 71.4M Q3 '16: 60.4M Q4 '16: 70.5M Q1 '17: 46.5M Q2 '17: 55.7M Q3 '17: 62.5M Q4 '17: 85.4M Q1 '18: 59.9M Q2 '18: 69.8M Q3 '18: 79.8M Q4 '18: 105.3M Q1 '19: 59M Q2 '19: 87.2M Q3 '19: 105.7M Q4 '19: 82.5M Q1 '20: 48.7M Q2 '20: 127.6M Q3 '20: 93.4M Q4 '20: 114.6M Q1 '21: 64.2M Q2 '21: 127.2M Q3 '21: 122.6M Q4 '21: 135.9M Q1 '22: 23.5M Q2 '22: 68.7M Q3 '22: 102.1M Q4 '22: 103.5M Q1 '23: 23.4M Q2 '23: 24.5M Q3 '23: 130.7M Q4 '23: 137.8M Q1 '24: 93.6M Q2 '24: 152.7M Q3 '24: 191.9M Q4 '24: 153.4M Q1 '25: 91M Q2 '25: 99M Q3 '25: 195.7M Q4 '25: 204M Q1 '26: 91.5M Q2 '26: 155.7M Q3 '10 Q4 '12 Q1 '15 Q2 '17 Q3 '19 Q4 '21 Q1 '24 Q2 '26

Free Cash Flow Quarterly

-60M 0 60M 120M 180M Q3 '10: 31.4M Q4 '10: 36M Q1 '11: 9.3M Q2 '11: 43.4M Q3 '11: 38.9M Q4 '11: 50M Q1 '12: -3.4M Q2 '12: 40.2M Q3 '12: 32.6M Q4 '12: 46.5M Q1 '13: 17.6M Q2 '13: 48.7M Q3 '13: 38M Q4 '13: 48.8M Q1 '14: -8.9M Q2 '14: 44.8M Q3 '14: -3.4M Q4 '14: 45.8M Q1 '15: 20.6M Q2 '15: 64.8M Q3 '15: 63.3M Q4 '15: 35.5M Q1 '16: -2.1M Q2 '16: 55.5M Q3 '16: 42.3M Q4 '16: 55.2M Q1 '17: 32.2M Q2 '17: 36.7M Q3 '17: 49.4M Q4 '17: 65.2M Q1 '18: 42.3M Q2 '18: 51.8M Q3 '18: 60.2M Q4 '18: 84.4M Q1 '19: 40.3M Q2 '19: 68.9M Q3 '19: 85.6M Q4 '19: 59.6M Q1 '20: 33.6M Q2 '20: 110.6M Q3 '20: 70.8M Q4 '20: 92.6M Q1 '21: 41.5M Q2 '21: 108.5M Q3 '21: 92.4M Q4 '21: 105.7M Q1 '22: -4.5M Q2 '22: 37M Q3 '22: 68.4M Q4 '22: 67.4M Q1 '23: -6.1M Q2 '23: -5.8M Q3 '23: 101.4M Q4 '23: 107.8M Q1 '24: 59.5M Q2 '24: 120.8M Q3 '24: 155.8M Q4 '24: 112.8M Q1 '25: 58.8M Q2 '25: 62.4M Q3 '25: 160.1M Q4 '25: 161.3M Q1 '26: 53.6M Q2 '26: 122.5M Q2 '12 Q2 '14 Q2 '16 Q2 '18 Q2 '20 Q2 '22 Q2 '24 Q2 '26

Operating cash flow minus capital expenditure.

Shares Outstanding Quarterly

0 20M 40M 60M Q2 '09: 49.6M Q3 '09: 50M Q1 '10: 50.3M Q2 '10: 50.5M Q3 '10: 50.5M Q4 '10: 50.8M Q1 '11: 51M Q2 '11: 51.1M Q3 '11: 51.1M Q4 '11: 50.7M Q1 '12: 50.8M Q2 '12: 49.9M Q3 '12: 48.5M Q4 '12: 47.5M Q1 '13: 46.8M Q2 '13: 46.9M Q3 '13: 46.5M Q4 '13: 46.2M Q1 '14: 45.1M Q2 '14: 44.8M Q3 '14: 44.9M Q4 '14: 44.5M Q1 '15: 44.5M Q2 '15: 44.4M Q3 '15: 44.3M Q4 '15: 43.9M Q1 '16: 43.1M Q2 '16: 43.3M Q3 '16: 43.3M Q4 '16: 43.2M Q1 '17: 43.2M Q2 '17: 43.1M Q3 '17: 42.8M Q4 '17: 42.9M Q1 '18: 42.9M Q2 '18: 43M Q3 '18: 43.1M Q4 '18: 43.1M Q1 '19: 43M Q2 '19: 43.1M Q3 '19: 43.2M Q4 '19: 43.3M Q1 '20: 43.3M Q2 '20: 43.2M Q3 '20: 43.2M Q4 '20: 43.2M Q1 '21: 43.3M Q2 '21: 43.3M Q3 '21: 43.4M Q1 '22: 43.3M Q2 '22: 42.9M Q3 '22: 42.7M Q1 '23: 42.5M Q2 '23: 42.8M Q3 '23: 42.9M Q1 '24: 43M Q2 '24: 43.1M Q3 '24: 43.2M Q1 '25: 43.1M Q2 '25: 42.5M Q3 '25: 42.3M Q1 '26: 39.3M Q2 '26: 38.1M Q1 '11 Q1 '13 Q1 '15 Q1 '17 Q1 '19 Q1 '21 Q3 '23 Q2 '26

Weighted average diluted, as the filer reports it for each period. An average cannot be added across periods, so this one is always shown per period the filer tagged rather than as a trailing year.

EPS TTM

0.00 4.00 8.00 12.00 Q4 '09: 1.65 Q1 '10: 1.54 Q2 '10: 1.49 Q3 '10: 1.53 Q4 '10: 1.71 Q1 '11: 1.75 Q2 '11: 1.91 Q3 '11: 1.84 Q4 '11: 1.93 Q1 '12: 1.89 Q2 '12: 1.93 Q3 '12: 2.07 Q4 '12: 2.21 Q1 '13: 2.44 Q2 '13: 2.54 Q3 '13: 2.66 Q4 '13: 2.65 Q1 '14: 2.60 Q2 '14: 1.72 Q3 '14: 1.71 Q4 '14: 1.73 Q1 '15: 1.82 Q2 '15: 2.76 Q3 '15: 2.85 Q4 '15: 3.00 Q1 '16: 3.00 Q2 '16: 3.01 Q3 '16: 2.95 Q4 '16: 3.73 Q1 '17: 3.48 Q2 '17: 3.82 Q3 '17: 3.91 Q4 '17: 3.18 Q1 '18: 3.74 Q2 '18: 3.64 Q3 '18: 4.17 Q4 '18: 4.25 Q1 '19: 4.04 Q2 '19: 4.05 Q3 '19: 3.87 Q4 '19: 3.52 Q1 '20: 3.30 Q2 '20: 3.44 Q3 '20: 4.06 Q4 '20: 5.18 Q1 '21: 5.90 Q2 '21: 5.54 Q3 '21: 4.91 Q4 '21: 4.45 Q1 '22: 4.24 Q2 '22: 4.18 Q3 '22: 2.84 Q4 '22: 1.64 Q1 '23: 0.40 Q2 '23: 0.54 Q3 '23: 1.66 Q4 '23: 3.28 Q1 '24: 4.95 Q2 '24: 5.71 Q3 '24: 7.57 Q4 '24: 8.57 Q1 '25: 8.90 Q2 '25: 9.39 Q3 '25: 8.79 Q4 '25: 8.87 Q1 '26: 9.78 Q2 '26: 10.52 Q3 '10 Q4 '12 Q1 '15 Q2 '17 Q3 '19 Q4 '21 Q1 '24 Q2 '26

The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.