{"schema_version":"secwatch.filing_event.v1","accession":"0001289419-26-000026","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.096443+00:00","generated_at":"2026-05-15T01:37:31.715657+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 Q1 revenue +10.8% to $644.8M, EPS +50% to $2.73; Credit revenue +38.4%","bullets":["Revenue $644.8M (+10.8% reported, +7.6% organic); adjusted operating income $178.6M (+31.9%).","Diluted EPS $2.73 (+50.0% YoY); adjusted EPS $3.18 (+42.6%).","Repurchased 1.72M shares for $300M; CRSP acquisition closed in Feb., accretive to margin.","Morningstar Credit revenue $101M (+38.4%), operating margin 40.8%; PitchBook +5.3%, Direct +8.0%.","Cash flow from ops flat at $91.5M; free cash flow $53.6M (-8.8%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001289419-26-000026","json":"https://secwatch.observer/filing/0001289419-26-000026.json","markdown":"https://secwatch.observer/filing/0001289419-26-000026.md","text":"https://secwatch.observer/filing/0001289419-26-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000128941926000026/0001289419-26-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000128941926000026/morn-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:37:31.715657+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":"456cf4aa429a4a4429c76f5c6c740ae58779bac2","claim":"Morningstar, Inc. reported the quarter ended March 31, 2026 results: revenue $644.8 million, EPS $2.73.","evidence_excerpt":"First-Quarter 2026 Financial Highlights • Reported revenue increased 10.8% to $644.8 million compared to the prior-year period; organic revenue increased 7.6%. • Reported operating income increased 36.6% to $155.9 million; adjusted operating income increased 31.9%. • Diluted net income per share increased 50.0% to $2.73; adjusted diluted net income per share increased 42.6% to $3.18.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1289419/000128941926000026/0001289419-26-000026-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"$644.8 million"},{"label":"EPS","value":"$2.73"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}