Filing Flows › Morningstar (MORN) › Transaction-based revenue
Morningstar (MORN) Transaction-based revenue by quarter
Morningstar's Transaction-based revenue was $110M in Q3 2026 (third quarter 2026), -1% from Q2 2026. Over the last 7 quarters it ranged from $78.2M (Q1 2025) to $113M (Q4 2025).
| Quarter | Transaction-based revenue | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $110M | -1% | +13% |
| Q2 2026 | $111M | +6% | +18% |
| Q1 2026 | $105M | -7% | +34% |
| Q4 2025 | $113M | +16% | — |
| Q3 2025 | $97.7M | +4% | — |
| Q2 2025 | $94.3M | +21% | — |
| Q1 2025 | $78.2M | — | — |
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 Transaction-based revenue?
Morningstar's Transaction-based revenue was $110M in Q3 2026 (third quarter 2026), -1% from Q2 2026.
How has Morningstar's Transaction-based revenue changed?
Over the last 7 quarters it ranged from $78.2M (Q1 2025) to $113M (Q4 2025).