Morningstar, Inc.

MORN

NASDAQ

Financial Services

Financial - Data & Stock Exchanges

Chicago, IL, US11,115 employeesmorningstar.com

$172.78

+3.08(1.81%)

Mkt Cap $6.8B

$154.01

$313.93

52-Week Range

At a Glance

AI-generated

Morningstar, Inc.

Revenue breakdown: Morningstar Data And Analytics Segment (36.6%), Pitch Book Segment (28.5%), Morningstar Credit Segment (13.3%).

8-K

Morningstar, Inc. furnished an Investor Q&A as Exhibit 99.1 under Item 7.01 Regulation FD Disclosure, responding to questions received through March 5, 2026, on topics including AI impact on competitive moat, PitchBook pricing, Morningstar Credit growth drivers, and real estate strategy. This provides investors transparency into the company's strategic positioning and business updates.

$6.8B

Market Cap

$2.5B

Revenue

$380M

Net Income

Employees11,115

Fundamentals

How The Business Makes Money

Revenue by Segment

Morningstar Data And Analytics Segment36.6%($4.7B)

Pitch Book Segment28.5%($3.7B)

Morningstar Credit Segment13.3%($1.7B)

Morningstar Wealth Segment11.3%($1.5B)

Morningstar Retirement Segment5.8%($750M)

Corporate And Other4.5%($585M)

Revenue by Geography

US56.2%($4.9B)

Non United States21.9%($1.9B)

Europe Excluding United Kingdom7%($609M)

GB5.8%($505M)

CA4.8%($412M)

AU2.2%($186M)

Asia1.7%($147M)

Segment Geographical Group Of Other Countries0.4%($36M)

Activity

What Changed Recently

Management Change

Jan 4, 2026

of this report. A copy of the Press Release is furnished as Exhibit 99.1 and incorporated herein by reference. The information in this Item 7.01 and the Press R

Financial Results

Feb 11, 2026

, "Results of Operations and Financial Condition" is incorporated herein by reference. Information or documents on the Company's website referred to in this Rep

Regulation FD

Mar 24, 2026

. Regulation FD Disclosure In accordance with Morningstar, Inc.’s (the “Company”) policy regarding public disclosure of corporate information, investor question

Other Event

Mar 12, 2026

Other Events. On March 13, 2026, Morningstar, Inc. issued a press release announcing that its Board of Directors has approved a quarterly cash dividend of 50 ce

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Analyst View

Company Profile

CIK0001289419

ISINUS6177001095

CUSIP617700109

Phone312 696 6000

Address22 West Washington Street, Chicago, IL, 60602, US

SEC EDGAR