Morningstar, Inc. Reports Third-Quarter 2026 Financial Results
Business Wire•28/10/2026•16:15 ET
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Key Highlights
- ➤Q3 revenue $672.1 million, up 8.9%; organic revenue increased 6.8%
- ➤Q3 operating income rose 31.0% to $167.4 million
- ➤Adjusted diluted EPS increased 36.5% to $3.48
- ➤Morningstar Credit revenue grew 18.3%; adjusted operating income increased 44.5%
- ➤Morningstar Retirement revenue increased 21.3%; AUMA rose 12.1% to $333.9 billion
Expert Statements
Kunal Kapoor, CEO of Morningstar
“We continue to put important product enhancements in the hands of our clients while delivering profitable growth.”
Kunal Kapoor, CEO of Morningstar
“This month, we launched Direct AI, which features agentic workflows backed by our trusted data, research, and analytics.”
Kunal Kapoor, CEO of Morningstar
“As clients increasingly engage with our data within AI-driven workflows, we’re also seeing strong adoption across our MCP offerings, with cumulative tool calls through the PitchBook Data Premium Connector surpassing 13 million in October, up from 1 million in July.”
Morningstar, Inc. Reports Third-Quarter 2026 Financial Results
Morningstar, Inc. (Nasdaq: MORN) reported growth in revenue, operating and adjusted operating income, and margins in the third quarter.
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