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Morningstar (MORN) capital expenditures by quarter

Morningstar's capital expenditures were $35.3M in Q3 2026 (third quarter 2026), +6% from Q2 2026. Over the last 7 quarters it ranged from $32.2M (Q1 2025) to $42.7M (Q4 2025).

Morningstar capital expenditures by quarterMorningstar capital expenditures by quarter$32.2MQ1 2025$36.6MQ2 2025$35.6MQ3 2025$42.7MQ4 2025$37.9MQ1 2026$33.2MQ2 2026$35.3MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$35.3M+6%-0.8%
Q2 2026$33.2M-12%-9%
Q1 2026$37.9M-11%+18%
Q4 2025$42.7M+20%—
Q3 2025$35.6M-3%—
Q2 2025$36.6M+14%—
Q1 2025$32.2M——

Q3 2026 at a glance

Morningstar, Q3 2026: revenue $672M (+9% year over year), operating margin 24.9%, net earnings $116M, operating cash flow $191M. The chart follows the revenue to costs, profit and cash.

Questions

What is Morningstar's capital expenditures?

Morningstar's capital expenditures were $35.3M in Q3 2026 (third quarter 2026), +6% from Q2 2026.

How has Morningstar's capital expenditures changed?

Over the last 7 quarters it ranged from $32.2M (Q1 2025) to $42.7M (Q4 2025).

Q3 2026 results → · How Morningstar makes money →