Quarterly ResultJul 29, 2026, 04:34 PM
Morningstar Q2 Revenue $663.2M, EPS $2.83; CRSP Acquisition
AI Summary
Morningstar, Inc. reported strong second-quarter 2026 results with revenue increasing 9.6% to $663.2 million and diluted EPS rising 35.4% to $2.83. The company also completed the acquisition of CRSP for $363.0 million in February 2026, expanding its market presence. Total debt increased to $1,713.3 million as of June 30, 2026, partly to finance the acquisition and refinance existing debt.
Key Highlights
- Q2 2026 revenue increased 9.6% to $663.2 million from $605.1 million in Q2 2025.
- Q2 2026 diluted EPS rose 35.4% to $2.83 from $2.09 in Q2 2025.
- Acquired CRSP for $363.0 million in February 2026, strengthening market position.
- Total debt increased to $1,713.3 million as of June 30, 2026, from $1,072.6 million.
- Dividends declared per common share increased to $0.50 in Q2 2026 from $0.46.
- Morningstar Direct Platform Q2 revenue was $222.1 million.
- PitchBook Q2 revenue reached $174.7 million.
Price Impact
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