Filing Flows › Morningstar (MORN) › Free cash flow
Morningstar (MORN) free cash flow by quarter
Morningstar's free cash flow was $155M in Q3 2026 (third quarter 2026), +27% from Q2 2026. Over the last 7 quarters it ranged from $53.6M (Q1 2026) to $161M (Q4 2025).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $155M | +27% | -3% |
| Q2 2026 | $122M | +129% | +96% |
| Q1 2026 | $53.6M | -67% | -9% |
| Q4 2025 | $161M | +0.7% | — |
| Q3 2025 | $160M | +157% | — |
| Q2 2025 | $62.4M | +6% | — |
| Q1 2025 | $58.8M | — | — |
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 free cash flow?
Morningstar's free cash flow was $155M in Q3 2026 (third quarter 2026), +27% from Q2 2026.
How has Morningstar's free cash flow changed?
Over the last 7 quarters it ranged from $53.6M (Q1 2026) to $161M (Q4 2025).