Every material Form 8-K Morningstar filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Morningstar reported third-quarter 2026 results on October 28, 2026. Revenue rose 8.9% to $672.1 million and GAAP diluted earnings per share rose 41.0% to $3.06, while free cash flow fell 2.9% to $155.4 million. The company repurchased $100.0 million of its shares in the quarter, and its debt was $1.7 billion as of September 30, 2026, up from $1.1 billion at December 31, 2025.
Revenue of $672.1 million, up 8.9% reported and 6.8% organic, versus the prior-year quarter
Diluted EPS of $3.06 versus $2.17 a year earlier; adjusted diluted EPS of $3.48 versus $2.55
Free cash flow decreased 2.9% to $155.4 million, as working capital movements offset higher cash earnings
Share repurchases of 486,573 shares for $100.0 million; debt rose to $1.7 billion from $1.1 billion at year-end 2025
Morningstar reported second-quarter 2026 revenue of $663.2 million, up 9.6% from the prior-year period, and diluted net income per share of $2.83, up 35.4%. Reported operating income rose 28.4% to $160.6 million, and the filing shows total debt rose to $1.7 billion as of June 30, 2026, from $1.1 billion at December 31, 2025, following the February 2026 acquisition of CRSP.
Revenue rose 9.6% to $663.2 million; organic revenue rose 6.8%.
Diluted EPS was $2.83 versus $2.09; adjusted diluted EPS rose 29.2% to $3.10.
Free cash flow rose 96.3% to $122.5 million; the company repurchased $100.0 million of shares in the quarter.
Long-term debt was $1,695.1 million at June 30, 2026, versus $1,072.6 million at December 31, 2025.
At its May 7, 2026 annual meeting, Morningstar shareholders elected all 10 director nominees, approved executive compensation on an advisory basis, and ratified KPMG LLP as the independent auditor for 2026. Director Gail Landis did not stand for re-election because she reached the company's mandatory retirement age, and the board size was set at 10 directors effective at the meeting's conclusion. The filing describes routine governance matters and reports no financial results.
Gail Landis did not stand for re-election under the director retirement policy; board size set at 10 directors
Bill Lyons received the lowest support among nominees: 31,265,595 votes for and 2,434,521 against
Executive compensation advisory vote: 32,474,755 for and 1,206,815 against
KPMG LLP ratified as 2026 auditor: 34,861,651 for and 89,355 against
Morningstar reported first-quarter 2026 results on April 29, 2026, with revenue up 10.8% to $644.8 million and diluted net income per share up 50.0% to $2.73. Organic revenue grew 7.6%, and the CRSP acquisition closed in the quarter, which added $359.6 million in acquisition spending and raised debt to $1,712.8 million.
Reported revenue rose 10.8% to $644.8 million; organic revenue rose 7.6% to $617.8 million.
Adjusted operating income rose 31.9% to $178.6 million; adjusted diluted EPS rose 42.6% to $3.18.
Free cash flow fell 8.8% to $53.6 million, and the company repurchased $300.0 million of its shares.
Morningstar reported fourth-quarter 2025 revenue of $641.1 million, up 8.5%, and diluted earnings per share of $2.83, up 4.4%. GAAP operating income fell 5.1% to $159.6 million, reflecting a $22.7 million contingent payment gain on the sale of US TAMP assets versus $64.0 million a year earlier, along with higher operating expense that included $15.9 million in severance. Full-year 2025 revenue was $2.4 billion, up 7.5%, and the company repurchased $787.0 million of its shares, while long-term debt rose to $1,072.6 million ahead of the CRSP acquisition that closed Feb. 2, 2026.
Q4 2025 revenue was $641.1 million, up 8.5% reported and 8.1% organic.
Q4 diluted EPS was $2.83 versus $2.71; adjusted diluted EPS rose 26.6% to $2.71.
Q4 operating income was $159.6 million, down 5.1%, with the US TAMP contingent gain at $22.7 million versus $64.0 million a year earlier.
Full-year 2025 diluted EPS was $8.87, up 3.4%; the company repurchased $787.0 million of shares in 2025.
Morningstar's board increased its size from ten to eleven members and appointed Anne Bramman to the new seat effective January 2, 2026. She will serve on the Audit and Compensation Committees and is expected to stand for election at the 2026 Annual Meeting. The filing describes a routine board addition with no financial results disclosed.
Board size increased from ten to eleven members; Anne Bramman appointed effective January 2, 2026
Bramman to serve on the Audit Committee and Compensation Committee
Initial restricted stock unit grant with an approximate grant date value of $250,000, vesting over three years, upon election at the 2026 Annual Meeting
Bramman previously served as CFO at Circana (2023 to 2024) and as CFO at several companies including Nordstrom and Avery Dennison
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Morningstar filing is on SEC EDGAR ↗. 8-K briefs of other companies →