Morningstar Q4 Revenue Hits $641.1M with 31% EPS Beat

MORNMORN

Morningstar’s Q4 CY2025 revenue rose 8.5% year-on-year to $641.1 million, beating estimates by 2.2%, while GAAP EPS of $2.83 topped forecasts by 31%. Pre-tax profit reached $150.9 million (23.5% margin), and market capitalization stands at $6.39 billion.

1. Financial Highlights

Morningstar posted Q4 CY2025 revenue of $641.1 million, representing an 8.5% year-on-year increase and a 2.2% beat of consensus estimates. GAAP EPS was $2.83, surpassing forecasts by 31%, and pre-tax profit reached $150.9 million with a 23.5% margin.

2. Growth Trends

The company’s revenue grew at a 12% compound annual rate over the past five years and at a 9.5% annualized rate over the past two years, reflecting steady expansion in its investment research and data services. Year-on-year growth of 8.5% demonstrates continued demand for Morningstar’s subscription offerings.

3. Profitability & Valuation

Morningstar’s market capitalization stands at $6.39 billion, underscoring investor confidence in its strong profitability metrics and consistent earnings beats. High margins and recurring revenue stream position the firm to capitalize on ongoing demand for independent financial analysis.

Sources

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