Morningstar (MORN) Q2 EPS Jumps 19%

(NASDAQ:MORN), best known for its investment research, data, and analytics offerings, reported quarterly earnings that comfortably beat expectations, driven by margin expansion and continued growth in analytics platforms like PitchBook and the Morningstar Direct Platform. On July 30, 2025, it announced results, reporting adjusted (non-GAAP) EPS of $2.40, ahead of the $2.11 estimate. GAAP revenue was $605.1 million, just topping the $604.57 million consensus. Profitability improved year over year, as operating margin rose despite some soft spots, most notably in free cash flow, which fell sharply mainly due to higher tax payments. Overall, the period featured solid performance in core products, some segment-level headwinds, and early signs of strategic transition in underperforming business lines.

Source: Analyst estimates for the quarter provided by FactSet.

Morningstar is a leading provider of independent investment research, data, ratings, and analytics for individual investors, financial advisors, asset managers, and retirement plan providers. It operates a portfolio of technology platforms and data services that help users make informed financial decisions. Products include its Direct Platform for portfolio analysis, the PitchBook platform for private markets, credit ratings services, and ESG (environmental, social, governance) solutions.

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Source Fool.com