---
schema_version: "secwatch.filing_event.v1"
accession: "0001289419-26-000009"
form_type: "8-K"
ticker: "MORN"
cik: "0001289419"
company_name: "Morningstar, Inc."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T02:56:25.176730+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Morningstar Q4 revenue up 8.5%, adj. EPS +26.6%; FY2025 adj. EPS $9.86

## Summary
- Q4 revenue $641.1M (+8.5%); adj. operating income $153.5M (+26.1%); adj. diluted EPS $2.71 (+26.6%).
- FY2025 revenue $2.4B (+7.5%); adj. operating income $582.9M (+18.0%); adj. diluted EPS $9.86 (+25.0%).
- Repurchased 3.28M shares for $787M in 2025; Q4 alone $385.3M at avg $216.42.
- Morningstar Credit segment revenue surpassed $100M in Q4, +27.9% reported; full-year growth across geographies.
- Completed CRSP acquisition Feb 2, 2026; CRSP indexes rebranded Morningstar; Vanguard extends index usage.

## SEC filing metadata
- accession: 0001289419-26-000009
- form_type: 8-K
- ticker: MORN
- cik: 0001289419
- company_name: Morningstar, Inc.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289419/000128941926000009/0001289419-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289419/000128941926000009/morn-20260212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001289419-26-000009
- JSON: https://secwatch.observer/filing/0001289419-26-000009.json
- Plain text: https://secwatch.observer/filing/0001289419-26-000009.txt

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