# Morningstar Inc. (MORN) — Revenue

## Annual Revenue (USD)

| Year | Revenue |
| --- | --- |
| 2025 | $2.45B |
| 2024 | $2.28B |
| 2023 | $2.04B |
| 2022 | $1.87B |
| 2021 | $1.70B |
| 2020 | $1.39B |
| 2019 | $1.18B |
| 2018 | $1.02B |
| 2017 | $912M |
| 2016 | $799M |
| 2015 | $789M |
| 2014 | $760M |
| 2013 | $698M |
| 2012 | $658M |
| 2011 | $631M |
| 2010 | $555M |
| 2009 | $479M |
| 2008 | $502M |

## Quarterly Revenue (USD)

| Quarter | Revenue |
| --- | --- |
| 2026-03-31 | $645M |
| 2025-09-30 | $617M |
| 2025-06-30 | $605M |
| 2025-03-31 | $582M |
| 2024-09-30 | $569M |
| 2024-06-30 | $572M |
| 2024-03-31 | $543M |
| 2023-09-30 | $516M |
| 2023-06-30 | $505M |
| 2023-03-31 | $480M |
| 2022-09-30 | $468M |
| 2022-06-30 | $470M |
| 2022-03-31 | $457M |
| 2021-09-30 | $429M |
| 2021-06-30 | $415M |
| 2021-03-31 | $393M |
| 2020-09-30 | $357M |
| 2020-06-30 | $328M |
| 2020-03-31 | $324M |
| 2019-09-30 | $314M |
| 2019-06-30 | $274M |
| 2019-03-31 | $259M |
| 2018-09-30 | $261M |
| 2018-06-30 | $252M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/MORN/revenue)
