{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-111747","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.540192+00:00","generated_at":"2026-06-09T08:04:30.505105+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Morningstar Q3 revenue up 10.1% to $515.5M; adjusted EPS $1.28, up 66.2%","bullets":["Reported operating income surged to $70.0M from $22.0M; adjusted operating income up 20.1% to $92.0M.","PitchBook revenue grew 19.8% (organic), contributed $20.7M to growth; Morningstar Data +10.2% organic.","DBRS Morningstar settled SEC charges for $8.0M in civil penalties; $6.0M expense in Q3.","Company reorganizing at Sustainalytics, Wealth, and DBRS due to slower growth; severance of $5.0M.","Free cash flow $101.4M, up 48.2%; operating cash flow $130.7M, up 28.0%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-111747","json":"https://secwatch.observer/filing/0001104659-23-111747.json","markdown":"https://secwatch.observer/filing/0001104659-23-111747.md","text":"https://secwatch.observer/filing/0001104659-23-111747.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000110465923111747/0001104659-23-111747-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000110465923111747/tm2329171d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:04:30.505105+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"48a17df5d598fc7381d92687c63800371ce2c234","claim":"Morningstar, Inc. reported third quarter ended September 30, 2023 results: revenue $515.5 million, net income $0.91, EPS $1.28.","evidence_excerpt":"context on its quarterly results and business and can be found at shareholders.morningstar.com. Third-Quarter 2023 Financial Highlights · Reported revenue increased 10.1% to $515.5 million compared to the prior-year period; organic revenue grew 9.3%. · Reported operating income increased to $70.0 million from $22.0 million; adjusted operating income increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1289419/000110465923111747/0001104659-23-111747-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$515.5 million"},{"label":"Net income","value":"$0.91"},{"label":"EPS","value":"$1.28"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}