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Income Statement - Morningstar, Inc. (MORN)

$(Billion, Million)
Dec-25 Dec-24 Dec-23 Dec-22 Dec-21 Dec-20 Dec-19 Dec-18 Dec-17 Dec-16 Dec-15 Dec-14 Dec-13 Dec-12 Dec-11 Dec-10 Dec-09 Dec-08 Dec-07 Dec-06
Total revenue 2,445.50 2,275.10 2,038.60 1,870.60 1,699.30 1,389.50 1,179.00 1,019.90 911.70 798.60 788.80 760.10 698.30 658.29 631.40 555.35 479.00 502.46 435.11 315.18
Cost of revenue 952.90 895.70 843.50 779.30 698.40 556.40 483.10 411.10 386.60 344.30 330.10 318.60 271.40 246.78 235.29 157.07 128.62 130.09 113.78 86.98
Gross profit 1,492.60 1,379.40 1,195.10 1,091.30 1,000.90 833.10 695.90 608.80 525.10 454.30 458.70 441.50 426.90 411.51 396.11 398.28 350.38 372.37 321.33 228.20
Total operating expenses + 966.00 894.60 964.50 923.50 743.90 617.90 506.30 393.00 355.30 273.50 268.10 335.90 256.20 260.84 257.70 277.22 225.71 233.25 204.08 150.67
Operating income 526.60 484.80 230.60 167.80 257.00 215.20 189.60 215.80 169.80 180.80 190.60 105.60 170.70 150.67 138.42 121.06 124.67 139.12 117.25 77.53
Non-operating income (net) -30.90 -10.90 -56.50 -40.80 -1.10 68.10 8.00 15.00 10.00 43.90 4.90 8.40 8.70 4.98 3.56 8.15 4.10 5.57 7.92 4.16
Income before tax 495.70 473.90 174.10 127.00 255.90 283.30 197.60 230.80 179.80 224.70 195.50 114.00 179.40 155.65 141.97 129.21 128.77 144.69 125.18 81.69
Income tax expense 121.50 104.00 33.00 56.50 62.60 59.70 45.60 47.80 42.90 63.70 62.70 35.70 56.00 52.88 43.66 42.76 47.10 51.76 51.26 32.98
Net income 374.20 369.90 141.10 70.50 193.30 223.60 152.00 183.00 136.90 161.00 132.60 78.30 123.50 108.08 98.36 86.37 82.46 92.53 73.92 51.76
Show Quarterly Income Statement

Income Statement - Morningstar, Inc. (MORN)

$(Billion, Million)
Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 Dec-24 Sep-24 Jun-24 Mar-24 Dec-23 Sep-23 Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21 Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18 Dec-17 Sep-17 Jun-17 Mar-17 Dec-16 Sep-16 Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Dec-13 Sep-13 Jun-13 Mar-13 Dec-12 Sep-12 Jun-12 Mar-12 Dec-11 Sep-11 Jun-11 Mar-11 Dec-10 Sep-10 Jun-10 Mar-10 Dec-09 Sep-09 Jun-09 Mar-09 Dec-08 Sep-08 Jun-08 Mar-08 Dec-07 Sep-07 Jun-07 Mar-07 Dec-06 Sep-06 Jun-06 Mar-06
Total revenue 644.80 641.10 617.40 605.10 581.90 591.00 569.40 571.90 542.80 538.70 515.50 504.70 479.70 475.00 468.20 470.40 457.00 462.20 428.90 415.40 392.80 380.40 357.20 327.90 324.00 332.40 313.80 273.90 258.90 262.70 261.30 252.40 243.50 243.10 229.90 229.20 209.50 212.20 196.10 198.20 192.10 201.60 195.30 202.10 189.80 196.42 193.10 189.40 181.20 180.50 173.48 175.43 168.86 170.61 160.95 165.97 160.76 158.57 160.05 161.01 151.77 151.15 139.82 136.09 128.29 122.64 120.09 119.53 116.73 119.27 125.51 132.24 125.44 118.12 111.86 109.69 95.45 87.04 81.82 76.26 70.06
Cost of revenue 238.90 249.20 241.70 230.60 231.40 232.20 222.70 222.70 218.10 205.40 202.90 216.40 218.80 195.00 195.40 197.60 191.30 189.60 183.10 168.40 157.30 149.60 138.70 131.10 137.00 142.10 128.40 107.50 105.10 108.90 100.00 99.80 102.40 103.40 90.90 95.30 97.00 88.00 84.90 86.10 85.30 84.90 83.40 83.20 78.70 81.40 80.00 81.50 75.80 72.94 72.42 64.43 61.65 47.87 60.57 49.45 50.32 48.20 48.07 45.19 40.67 42.30 40.71 39.74 34.32 35.72 31.95 30.69 30.25 31.16 32.83 33.16 32.94 30.23 28.67 29.02 25.86 23.86 22.39 22.05 18.67
Gross profit 405.90 391.90 375.70 374.50 350.50 358.80 346.70 349.20 324.70 333.30 312.60 288.30 260.90 280.00 272.80 272.80 265.70 272.60 245.80 247.00 235.50 230.80 218.50 196.80 187.00 190.30 185.40 166.40 153.80 153.80 161.30 152.60 141.10 139.70 139.00 133.90 112.50 124.20 111.20 112.10 106.80 116.70 111.90 118.90 111.10 115.02 113.10 107.90 105.40 107.56 101.06 111.00 107.21 122.74 100.38 116.52 110.44 110.37 111.98 115.83 111.10 108.85 99.10 96.35 93.97 86.93 88.13 88.84 86.48 88.12 92.68 99.07 92.51 87.89 83.19 80.67 69.59 63.18 59.43 54.21 51.39
Total operating expenses + 250.00 232.30 247.90 249.40 236.40 190.60 231.20 240.70 232.10 238.90 242.60 246.60 236.40 244.50 250.80 218.90 209.30 197.80 178.00 199.80 168.30 165.70 174.20 135.50 142.50 150.60 135.80 115.60 104.30 104.50 95.90 99.00 93.60 97.10 86.20 87.90 84.10 74.30 67.00 67.70 64.50 66.60 65.70 69.20 66.60 68.44 67.80 132.70 66.90 65.67 56.45 67.42 66.65 83.47 60.52 75.38 80.04 76.23 78.11 77.22 79.29 76.56 68.94 68.69 63.03 62.60 54.45 56.15 51.86 59.43 58.50 57.50 57.82 54.55 51.74 52.22 45.57 42.84 38.90 36.75 32.19
Operating income 155.90 159.60 127.80 125.10 114.10 168.20 115.50 108.50 92.60 94.40 70.00 41.70 24.50 35.50 22.00 53.90 56.40 74.80 67.80 47.20 67.20 65.10 44.30 61.30 44.50 39.70 49.60 50.80 49.50 49.30 65.40 53.60 47.50 42.60 52.80 46.00 28.40 49.90 44.20 44.40 42.30 50.10 46.20 49.70 44.50 46.58 45.30 -24.80 38.50 41.90 44.61 43.58 40.56 39.27 39.86 41.14 30.40 34.14 33.86 38.61 31.81 32.29 30.16 27.67 30.94 24.32 33.68 32.69 34.63 28.69 34.18 41.57 34.69 33.34 31.45 28.45 24.03 20.33 20.54 17.46 19.20
Non-operating income (net) -14.20 -8.10 -4.80 -9.80 -8.20 -17.40 33.80 -20.20 -7.10 -6.80 -14.20 -11.80 -23.70 -5.80 -25.60 -16.40 7.00 0.20 -2.70 -0.40 1.80 29.30 48.80 2.10 -12.10 -3.00 12.80 3.00 -4.80 -1.40 7.60 1.00 7.80 -1.00 -2.00 15.10 -2.10 37.60 2.50 2.80 1.00 1.70 1.90 1.20 0.10 0.45 0.00 6.40 1.50 2.79 1.09 3.47 1.44 -0.09 2.36 1.49 1.23 1.96 -0.15 0.60 1.15 0.93 6.54 0.48 0.21 0.01 1.22 1.95 0.92 -0.04 1.60 1.59 2.14 1.13 2.22 1.37 1.51 1.42 1.14 0.67 0.93
Income before tax 141.70 151.50 123.00 115.30 105.90 150.80 149.30 88.30 85.50 87.60 55.80 29.90 0.80 29.70 -3.60 37.50 63.40 75.00 65.10 46.80 69.00 94.40 93.10 63.40 32.40 36.70 62.40 53.80 44.70 47.90 73.00 54.60 55.30 41.60 50.80 61.10 26.30 87.50 46.70 47.20 43.30 51.80 48.10 50.90 44.60 47.03 45.30 -18.40 40.00 44.68 45.70 47.06 42.00 39.18 42.22 42.63 31.62 36.09 33.71 39.21 32.96 33.22 36.70 28.14 31.15 24.33 34.91 34.64 35.54 28.65 35.77 43.16 36.83 34.46 33.67 29.81 25.54 21.75 21.68 18.13 20.13
Income tax expense 34.60 36.40 31.40 26.30 27.40 33.90 29.60 19.20 21.30 14.10 16.70 -6.20 8.40 26.40 5.40 7.40 17.30 18.50 16.10 13.90 14.10 19.10 16.90 15.20 8.50 9.10 13.30 11.70 11.50 5.50 16.10 12.80 13.40 2.70 16.90 15.00 8.30 17.20 16.50 15.40 14.60 14.50 14.60 18.70 14.80 15.49 15.10 -8.60 13.70 13.38 14.27 15.96 12.43 11.44 15.19 14.74 11.51 8.07 12.34 12.72 10.52 5.73 11.92 10.23 11.00 10.00 12.41 14.02 10.67 9.64 13.55 15.08 13.50 14.74 14.23 12.00 10.29 8.53 9.23 7.62 7.60
Net income 107.10 115.10 91.60 89.00 78.50 116.90 119.70 69.10 64.20 73.50 39.10 36.10 -7.60 3.30 -9.00 30.10 46.10 56.50 49.00 32.90 54.90 75.30 76.20 48.20 23.90 27.60 49.10 42.10 33.20 42.40 56.90 41.80 41.90 38.90 33.90 46.10 18.00 70.30 30.20 31.80 28.70 37.30 33.50 32.20 29.70 31.51 30.20 -9.80 26.40 31.33 31.46 31.12 29.62 32.98 27.07 27.89 20.14 27.96 21.38 26.49 22.54 27.39 24.68 18.00 20.19 14.43 22.52 20.62 24.96 19.27 22.19 28.00 23.08 20.01 19.85 18.27 15.79 13.61 13.55 11.17 13.44
about 19 hours ago