Morningstar Q1 revenue rises 7.2% to $581.9 million; diluted EPS up 22.1% to $1.82
Morningstar reported first-quarter 2025 revenue of $581.9 million, up 7.2% from a year earlier, with operating income up 23.2% to $114.1 million and diluted net income per share of $1.82. Free cash flow fell 1.2% to $58.8 million, mainly because of higher bonus payments, and the company repurchased $109.6 million of its shares during the quarter. CEO Kunal Kapoor said the company is being more cautious because of recent market volatility and economic uncertainty.
Key points
- Revenue rose 7.2% to $581.9 million; organic revenue grew 9.1%
- Operating income rose 23.2% to $114.1 million; adjusted operating income rose 22.2% to $135.4 million
- Diluted net income per share rose 22.1% to $1.82; adjusted diluted EPS rose 28.9% to $2.23
- Free cash flow fell 1.2% to $58.8 million; share repurchases totaled $109.6 million
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.