Morningstar Files 8-K on Financials

TL;DR

Morningstar dropped an 8-K detailing financials and operations.

AI Summary

Morningstar, Inc. filed an 8-K on October 29, 2025, to report on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company is incorporated in Illinois and headquartered in Chicago.

Why It Matters

This 8-K filing provides investors with crucial updates on Morningstar's financial performance and operational results, impacting investment decisions.

Risk Assessment

Risk Level: low — This is a routine 8-K filing for financial reporting and does not indicate any unusual or significant risks.

Key Players & Entities

• Morningstar, Inc. (company) — Registrant
• Illinois (location) — State of incorporation
• Chicago (location) — Principal executive offices
• October 29, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $500 million — termination of the Company's three-year $500 million share repurchase program effective Janu
• $1 billion — horizes the Company to repurchase up to $1 billion in shares of the Company's outstanding

Filing Documents

• morn-20251029.htm (8-K) — 36KB
• exhibit991-pressrelease_09.htm (EX-99.1) — 442KB
• morningstar_q3x2025xsupp.htm (EX-99.2) — 37KB
• morningstarq325ceoletter.htm (EX-99.3) — 19KB
• image_0a.jpg (GRAPHIC) — 4KB
• image_1a.jpg (GRAPHIC) — 16KB
• morningstar_q3x2025xsupp001.jpg (GRAPHIC) — 410KB
• morningstar_q3x2025xsupp002.jpg (GRAPHIC) — 272KB
• morningstar_q3x2025xsupp003.jpg (GRAPHIC) — 263KB
• morningstar_q3x2025xsupp004.jpg (GRAPHIC) — 271KB
• morningstar_q3x2025xsupp005.jpg (GRAPHIC) — 269KB
• morningstar_q3x2025xsupp006.jpg (GRAPHIC) — 330KB
• morningstar_q3x2025xsupp007.jpg (GRAPHIC) — 353KB
• morningstar_q3x2025xsupp008.jpg (GRAPHIC) — 350KB
• morningstar_q3x2025xsupp009.jpg (GRAPHIC) — 291KB
• morningstar_q3x2025xsupp010.jpg (GRAPHIC) — 390KB
• morningstar_q3x2025xsupp011.jpg (GRAPHIC) — 430KB
• morningstar_q3x2025xsupp012.jpg (GRAPHIC) — 249KB
• morningstar_q3x2025xsupp013.jpg (GRAPHIC) — 350KB
• morningstarq325ceoletter001.jpg (GRAPHIC) — 216KB
• morningstarq325ceoletter002.jpg (GRAPHIC) — 229KB
• morningstarq325ceoletter003.jpg (GRAPHIC) — 206KB
• morningstarq325ceoletter004.jpg (GRAPHIC) — 190KB
• morningstarq325ceoletter005.jpg (GRAPHIC) — 147KB
• 0001289419-25-000166.txt ( ) — 7935KB
• morn-20251029.xsd (EX-101.SCH) — 2KB
• morn-20251029_def.xml (EX-101.DEF) — 14KB
• morn-20251029_lab.xml (EX-101.LAB) — 24KB
• morn-20251029_pre.xml (EX-101.PRE) — 15KB
• morn-20251029_htm.xml (XML) — 3KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On October 29, 2025, Morningstar, Inc. (the "Company" or "we") issued a press release announcing its financial results for the quarter ended September 30, 2025 (the "Earnings Release"). A copy of the Earnings Release is attached hereto as Exhibit 99.1 and incorporated herein by reference. Additionally, on October 29, 2025, the Company published a Supplemental Presentation. A copy of the Supplemental Presentation is attached hereto as Exhibit 99.2 and incorporated herein by reference. The Earnings Release and Supplemental Presentation shall each be deemed furnished, not filed, for purposes of this Current Report on Form 8-K (this "Report").

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure On October 29, 2025, the Company published a Shareholder Letter. The Shareholder Letter is included as Exhibit 99.3 to this Report and incorporated herein by reference. The Shareholder Letter shall be deemed furnished, not filed, for purposes of this Report. Additionally, on October 29, 2025, the Company's Board of Directors approved (i) the termination of the Company's three-year $500 million share repurchase program effective January 1, 2023, under which repurchases were completed in October 2025, and (ii) a new three-year share repurchase program that authorizes the Company to repurchase up to $1 billion in shares of the Company's outstanding common stock, effective October 31, 2025. The information set forth under Item 2.02, "Results of Operations and Financial Condition" is incorporated herein by reference. Information or documents on the Company's website referred to in this Report or in the exhibits to this Report are not incorporated by reference into this Report. Cautionary Note Regarding Forward-Looking Statements This Report contains forward-looking statements as that term is used in the Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations about future events or future financial performance. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, and often contain words such as "aim," "committed," "consider," "estimate," "future," "goal," "is designed to," "maintain," "may," "might," "objective," "ongoing, "could," "expect," "intend," "plan," "possible," "potential," "seek," "anticipate," "believe," "predict," "prospects," "continue," "strategy," "strive," "will," "would," "determine," "evaluate," or the negative thereof, and similar expressions. These statements involve known and unknown risks and uncertainties that may cause the events we discuss not to occur or to differ significantly from what we expect. For

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 99.1 Earnings Release dated October 29, 2025. 99.2 Supplemental Presentation dated October 29, 2025. 99.3 Shareholder Letter dated October 29, 2025. 104 The cover page from this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101). _____________________________________________________________________________________

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MORNINGSTAR, INC. Date: October 29, 2025 By:/s/ Michael Holt Name: Michael Holt Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR