{"schema_version":"secwatch.filing_event.v1","accession":"0001289419-24-000025","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.734215+00:00","generated_at":"2026-06-03T07:35:36.180235+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.82,"calibrated_materiality_score":0.82,"confidence":"high","headline":"Morningstar Q1 revenue +13.2% to $543M; adj EPS $1.73 vs $0.56","bullets":["Revenue $542.8M, +13.2% reported, +12.9% organic YoY.","Diluted EPS $1.49 vs $(0.18); adjusted diluted EPS $1.73 vs $0.56 (+208.9%).","Operating income $92.6M vs $24.5M; adjusted op income $110.8M, +113.9%.","Free cash flow $59.5M vs negative $6.1M; cash from ops $93.6M, +300%.","Morningstar Credit revenue +28.8% led rebound; PitchBook +12.6% with user growth 10.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001289419-24-000025","json":"https://secwatch.observer/filing/0001289419-24-000025.json","markdown":"https://secwatch.observer/filing/0001289419-24-000025.md","text":"https://secwatch.observer/filing/0001289419-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000025/0001289419-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000025/morn-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:35:36.180235+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":"3e1a0c68a35c1acd1295d5957604c64f81ee58d3","claim":"Morningstar, Inc. reported first quarter ended March 31, 2024 results: revenue $542.8 million, net income $64.2 million, EPS $1.49 per diluted share.","evidence_excerpt":"context on its quarterly results and business and can be found at shareholders.morningstar.com. First-Quarter 2024 Financial Highlights • Reported revenue increased 13.2% to $542.8 million compared to the prior-year period; organic revenue grew 12.9%. • Reported operating income increased to $92.6 million from $24.5 million; adjusted operating income increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1289419/000128941924000025/0001289419-24-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$542.8 million"},{"label":"Net income","value":"$64.2 million"},{"label":"EPS","value":"$1.49 per diluted share"},{"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"}