Q2 FY2026 EarningsQ2 FY26 results beat consensus across key metrics: revenue reached $663.2M vs. $649.7M expected, and normalized EPS of $2.83 (implied) outperformed the $2.47 GAAP consensus. Growth was primarily driven by Morningstar Credit (+23.4% YoY) and the acquisition of CRSP, which bolstered Morningstar Indexes. Free Cash Flow surged 96.3% YoY to $122.5M, significantly exceeding the implied quarterly consensus targets.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Morningstar(MORN) the Revenue is 663.2 M (+9.6%), Beat estimate;the EBIT is 175.9 M (+22.66%), Beat estimate;the EPS is 2.83 (+35.41%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.66B9.60%
0.65B7.37%
+0.01B2.23%
EBITExceed expectations
0.18B22.66%
0.16B13.51%
+0.01B9.15%
EPSExceed expectations
2.8335.41%
2.468918.13%
+0.361117.28%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf