{"schema_version":"secwatch.filing_event.v1","accession":"0001289419-24-000006","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2024-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.694929+00:00","generated_at":"2026-06-05T16:46:59.769885+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Morningstar Q4 revenue up 13.4% to $538.7M; EPS jumps to $1.71 from $0.08","bullets":["Revenue $538.7M (+13.4% YoY); organic growth 12.6%. Full-year revenue crosses $2B.","Diluted EPS $1.71 (vs $0.08); adjusted EPS $1.97 (vs $0.58), up 239.7%.","Operating income $94.4M (+165.9%); adjusted operating income $113M (+70.2%).","Q4 free cash flow $107.8M (+59.9%).","Jason Dubinsky named principal accounting officer in addition to CFO role."],"urls":{"canonical":"https://secwatch.observer/filing/0001289419-24-000006","json":"https://secwatch.observer/filing/0001289419-24-000006.json","markdown":"https://secwatch.observer/filing/0001289419-24-000006.md","text":"https://secwatch.observer/filing/0001289419-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000006/0001289419-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000006/morn-20240223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T16:46:59.769885+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":"05a1e6a7a010f1690b542668efbf456f0a410f0c","claim":"Morningstar, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $538.7 million, net income $73.5 million, or $1.71 per diluted share, EPS $1.71 per diluted share.","evidence_excerpt":"context on its quarterly results and business and can be found at shareholders.morningstar.com. Fourth-Quarter 2023 Financial Highlights • Reported revenue increased 13.4% to $538.7 million compared to the prior-year period; organic revenue increased 12.6%. • Reported operating income increased 165.9% to $94.4 million; adjusted operating income increased 70.2%. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000006/0001289419-24-000006-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$538.7 million"},{"label":"Net income","value":"$73.5 million, or $1.71 per diluted share"},{"label":"EPS","value":"$1.71 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"db55e441a2fbaebab78133f033206cabe644b594","claim":"Morningstar, Inc. reported Full-Year 2023 results: revenue $2.0 billion, EPS $3.29 per diluted share.","evidence_excerpt":"business. For the full year, the Company reported positive revenue growth, with particular strength in its license-based products. \"We finished 2023 on a strong note, crossing $2 billion in revenue for the fiscal year and delivering meaningful increases in organic revenue, margins, and cash flow for the quarter\" said Kunal Kapoor, Morningstar's chief executive","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000006/0001289419-24-000006-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full-Year 2023"},{"label":"Revenue","value":"$2.0 billion"},{"label":"EPS","value":"$3.29 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e511560f9d","claim":"Jason Dubinsky changed role as principal accounting officer (in addition to Chief Financial Officer) at Morningstar, Inc..","evidence_excerpt":"the Company designated Jason Dubinsky (age 50) as principal accounting officer, in addition to his current role as Chief Financial Officer (and principal financial officer) of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000006/0001289419-24-000006-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"designated"},{"label":"Role","value":"principal accounting officer (in addition to Chief Financial Officer)"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}