Morningstar, Inc.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Mar 2022 | 58.1% | 12.3% | 10.1% |
| Jun 2022 | 58.0% | 11.5% | 6.4% |
| Sep 2022 | 58.3% | 4.7% | -1.9% |
| Dec 2022 | 58.9% | 7.5% | 0.7% |
| Mar 2023 | 54.4% | 5.1% | -1.6% |
| Jun 2023 | 57.1% | 8.3% | 7.2% |
| Sep 2023 | 60.6% | 13.6% | 7.6% |
| Dec 2023 | 61.9% | 17.5% | 13.6% |
| Mar 2024 | 59.8% | 17.1% | 11.8% |
| Jun 2024 | 61.1% | 19.0% | 12.1% |
| Sep 2024 | 60.9% | 20.3% | 21.0% |
| Dec 2024 | 60.7% | 28.5% | 19.8% |
| Mar 2025 | 60.2% | 19.6% | 13.5% |
| Jun 2025 | 61.9% | 20.7% | 14.7% |
| Sep 2025 | 60.9% | 20.7% | 14.8% |
| Dec 2025 | 61.1% | 24.9% | 18.0% |
| Mar 2026 | 62.9% | 24.2% | 16.6% |
| Jun 2026 | 63.9% | 24.2% | 16.3% |