Morningstar 3Q 2026: Revenue $672.1M, Net income $115.5M, EPS $3.06— 10-Q Summary

Morningstar reported 3Q 2026 revenue of $672.1M, up 8.9% YoY, with net income rising 26.1% to $115.5M and EPS increasing to $3.06. Growth was led by Credit and Direct Platform, while PitchBook saw slower growth. AI and cloud migration added costs.

Original reporting
Published Oct 28, 2026, 8:41 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 28, 2026, 8:52 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Morningstar 3Q 2026: Revenue $672.1M, Net income $115.5M, EPS $3.06— 10-Q Summary — source image
Decision brief

The 30-second read

$MORNBullishHigh
01

Why it matters

The earnings beat may trigger short covering and buying pressure, especially in data‑analytics ETFs.

02

Market read

Earnings surprise for a mid‑cap fintech firm; likely short‑term price move.

03

What to watch

Higher AI and cloud migration costs could pressure margins going forward.

Relevance 8/10Novelty 8/10Timing: after-hours release

Background

Morningstar Inc. filed its Q3 2026 10‑Q, providing the first public disclosure of its quarterly results.

Company-level read

Ticker impact

$MORNBullishHigh confidence
Context

Morningstar reported Q3 2026 revenue of $672.1M, net income $115.5M and EPS $3.06, all up YoY.

Expected impact

likely upside as market prices in the earnings beat

Evidence & confidence

Revenue up 8.9% and EPS up 41% signal strong performance, prompting buying interest.

Market effects

Positive for financial data and analytics sector, may lift peers.

U.S. market focus, limited regional effect.

Modest, primarily affects investors tracking US fintech stocks.

Counterpoint

If the market has already priced in the beat, the rally could be muted.

Key entities

  • Morningstar Inc.

    Financial data and investment research provider.

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