---
schema_version: "secwatch.filing_event.v1"
accession: "0001289419-25-000166"
form_type: "8-K"
ticker: "MORN"
cik: "0001289419"
company_name: "Morningstar, Inc."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:35:48.733557+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Morningstar Q3 revenue up 8.4% to $617.4M, adj EPS $2.55; new $1B buyback authorized

## Summary
- Reported revenue $617.4M (+8.4% YoY); organic revenue +9.0%.
- Adjusted diluted EPS $2.55, up 27.5% YoY; GAAP diluted EPS $2.17 down 21.7% due to prior-year gain.
- Morningstar Credit revenue surged 28.5% YoY, adjusted op margin 30.8%.
- Board approved new $1B share repurchase program effective Oct 31, replacing completed $500M program.
- Year-to-date repurchases 1,873,729 shares for $487M through Oct 28.

## SEC filing metadata
- accession: 0001289419-25-000166
- form_type: 8-K
- ticker: MORN
- cik: 0001289419
- company_name: Morningstar, Inc.
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289419/000128941925000166/0001289419-25-000166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289419/000128941925000166/morn-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001289419-25-000166
- JSON: https://secwatch.observer/filing/0001289419-25-000166.json
- Plain text: https://secwatch.observer/filing/0001289419-25-000166.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.