Quick Answer
Morningstar, Inc. reported Operating Income of $526.60 million for fiscal year 2025.
Morningstar, Inc. Operating Income — Annual History
| Fiscal Year | Operating Income | YoY Change |
|---|---|---|
| 2025 | $526.60M | +8.6% |
| 2024 | $484.80M | +110.2% |
| 2023 | $230.60M | +37.4% |
| 2022 | $167.80M | -34.7% |
| 2021 | $257.00M | +19.4% |
| 2020 | $215.20M | +13.5% |
| 2019 | $189.60M | -12.1% |
| 2018 | $215.80M | +27.1% |
| 2017 | $169.80M | -6.1% |
| 2016 | $180.80M | -5.1% |
| 2015 | $190.60M | +80.5% |
| 2014 | $105.60M | -38.1% |
| 2013 | $170.70M | +13.3% |
| 2012 | $150.67M | +8.9% |
| 2011 | $138.41M | +14.3% |
| 2010 | $121.06M | -2.9% |
| 2009 | $124.67M | -10.2% |
| 2008 | $138.88M | — |
Quarterly Operating Income
| Quarter Ending | Operating Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $127.80M | +10.6% | +2.2% |
| June 30, 2025 | $125.10M | +15.3% | +9.6% |
| March 31, 2025 | $114.10M | +23.2% | -1.2% |
| September 30, 2024 | $115.50M | +65.0% | +6.5% |
| June 30, 2024 | $108.50M | +160.2% | +17.2% |
| March 31, 2024 | $92.60M | +278.0% | +32.3% |
| September 30, 2023 | $70.00M | +218.2% | +67.9% |
| June 30, 2023 | $41.70M | -22.6% | +70.2% |
- Morningstar, Inc. showed an increase of +8.6% in Operating Income compared to the prior fiscal year.
- Over the 2008–2025 period, Morningstar, Inc.’s operating income has grown by 279.2% (from $138.88 million to $526.60 million).
- The most recent figure is from Morningstar, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 13, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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