Morningstar, Inc. Net Income 2008–2025
Morningstar, Inc. reported $374.20M of net income for fiscal 2025. That was 1.2% higher than fiscal 2024. Compared with fiscal 2020, the change was +67.4%.
| Fiscal year | Net Income | Net margin | Change (YoY) |
|---|---|---|---|
| FY 2025 | $374.20M | 15.3% | +1.2% |
| FY 2024 | $369.90M | 16.3% | +162.2% |
| FY 2023 | $141.10M | 6.9% | +100.1% |
| FY 2022 | $70.50M | 3.8% | -63.5% |
| FY 2021 | $193.30M | 11.4% | -13.6% |
| FY 2020 | $223.60M | 16.1% | +47.1% |
| FY 2019 | $152.00M | 12.9% | -16.9% |
| FY 2018 | $183.00M | 17.9% | +33.7% |
| FY 2017 | $136.90M | 15.0% | -15.0% |
| FY 2016 | $161.00M | 20.2% | +21.4% |
| FY 2015 | $132.60M | 16.8% | +69.3% |
| FY 2014 | $78.30M | 10.3% | -36.6% |
| FY 2013 | $123.50M | 17.7% | +14.3% |
| FY 2012 | $108.08M | 16.4% | +9.9% |
| FY 2011 | $98.36M | 15.6% | +13.9% |
| FY 2010 | $86.37M | 15.6% | +5.2% |
| FY 2009 | $82.13M | 17.1% | -8.4% |
| FY 2008 | $89.63M | 17.8% | — |
Source: Morningstar, Inc. SEC filings — income statement (10-K). Computed deterministically; refreshed nightly (last updated August 2, 2026). Open MORN 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
Morningstar, Inc. reported $374.20M of net income for fiscal 2025. That was 1.2% higher than fiscal 2024. Compared with fiscal 2020, the change was +67.4%. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
Prepared and reviewed by the stockportfolio.pro research desk. Corrections: support@stockportfolio.pro.
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What is Morningstar, Inc.'s net income?
Morningstar, Inc. (MORN) reported net income of $374.20M for fiscal year 2025, per its SEC filings.
How has Morningstar, Inc.'s net income changed over time?
Between fiscal 2008 and 2025, MORN's net income grew at roughly 8.8% per year (compound annual rate), from $89.63M to $374.20M.
Where does this data come from?
Figures are computed from Morningstar, Inc.'s official SEC filings (income statement (10-K)), refreshed nightly. Not investment advice.