8-K - Morningstar, Inc. | StockGist

AI Analysis

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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.

Key Takeaways

1Investor Q&A responds to questions through March 5, 2026, attached as Exhibit 99.1.

2Morningstar Credit 2025 revenue: 61% structured finance, 33% corporate and fundamental credit ratings, 6% licensed data; unpublished ratings ~25% of ratings revenue.

3Morningstar Retirement, Credit, and Wealth segments accounted for ~1/3 of 2025 revenue and adjusted operating income, growing 7.4% vs. 2024.

4PitchBook revenue per client increased in 2025 compared to 2024.

5CFO purchased 1,000 shares of Morningstar stock in early March 2026.

6Annual Shareholders’ Meeting scheduled for May 7, 2026.

Current Report Details

Event Type

Regulation Fd

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

7.01

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

Regulation Fd

9.01

. Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 99.1 Investor Q&A. 104 The cover page from this Current Report on Form 8-K formatted

Exhibits Only

Source Document

Exhibits (2)

8-K

FORM 8-K

99.1

EXHIBIT 99.1