MORN News & Events

Reports Q4 revenue $641.1M, two estimates $634.43M. "Morningstar grew revenue, operating income, and adjusted operating income meaningfully in 2025," said Kunal Kapoor, Morningstar's chief executive officer. "As we kick off 2026, we are using AI to further scale our research and data moat. At the same time, we continue to advance our ambition to become the common language for investors navigating the convergence of public and private markets. From new integrations with leading large language models, including ChatGPT by OpenAI, to the launch of an index suite for evergreen private markets, we are helping investors make sense of a rapidly changing investment landscape."

Morningstar announced an agreement with the personal investment management and financial advice association, or PIMFA, to serve as the authorized index provider for the association's private investor index series and equity risk index series, starting March 2. Widely adopted across the U.K. wealth management industry, these indexes provide essential benchmarks for portfolio performance, asset allocation reviews, and fund manager comparisons. Morningstar will manage and maintain the indexes.