What is the current annual gross margin of MORN?

As of today, MORN annual gross margin is 53.27%

What is 1-year change in MORN annual gross margin?

MORN annual gross margin is up +1.93% year-over-year

What is 3-year change in MORN annual gross margin?

MORN annual gross margin is up +8.05% over the past 3 years

How far is MORN annual gross margin from its all-time high?

MORN annual gross margin is currently -22.76% below its historical high of 68.97% set on December 31, 2007

How does MORN annual gross margin rank versus sector peers?

MORN annual gross margin is higher than 75.46% of companies in Financial Services sector

When is MORN next annual earnings release?

The next annual earnings release for MORN is on February 11, 2027

What is the current quarterly gross margin of MORN?

As of today, MORN quarterly gross margin is 56.29%

What is MORN quarterly gross margin most recent change?

MORN quarterly gross margin was up +0.79% on September 30, 2026

What is 1-year change in MORN quarterly gross margin?

MORN quarterly gross margin is up +5.73% year-over-year

How far is MORN quarterly gross margin from its all-time high?

MORN quarterly gross margin is currently -19.78% below its historical high of 70.17% set on June 30, 2008

How does MORN quarterly gross margin rank versus sector peers?

MORN quarterly gross margin is higher than 76.38% of companies in Financial Services sector

When is MORN next earnings release?

The next earnings release for MORN is on February 11, 2027

MORN Gross Margin History & Chart Since 2001

Annual Gross Margin

53.27%1.01%+1.93%

December 31, 2025

Summary

Current Value: As of today, MORN annual gross margin is 53.27%, up +1.93% on December 31, 2025
Historical Performance: MORN annual gross margin is up +8.05% over the past 3 years, up +6.71% over the past 5 years
All-Time High Comparison: MORN annual gross margin is currently -22.76% below its historical high of 68.97% set on December 31, 2007
3-Year Low Comparison: MORN annual gross margin is +8.05% above its 3-year low of 49.30% reached on an earlier date
Sector Comparison: MORN annual gross margin is higher than 75.46% of companies in Financial Services sector

Gross Margin Chart

beforeafter

Performance

MORN Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	53.27%	+1.9%	+8.1%	+6.7%	-17.5%
Quarterly Gross Margin	Sep 30, 26	56.29%	+5.7%	+8.3%	+16.2%	-10.8%
Price	Nov 11, 26	$248.65	+15.9%	-6.6%	-21.0%	+313.7%
PE Ratio	Nov 11, 26	21.74	-10.9%	-86.5%	-66.2%	-30.5%
Annual Revenue	Dec 31, 25	$2.45B	+7.5%	+31.1%	+76.0%	+340.4%
Annual Gross Profit	Dec 31, 25	$1.30B	+9.6%	+41.6%	+87.8%	+263.3%
Annual Operating Margin	Dec 31, 25	21.48%	+13.8%	+76.3%	+38.7%	-1.5%
Annual Net Margin	Dec 31, 25	15.22%	-6.4%	+302.6%	-5.4%	-1.9%

Gross Margin Highs

MORN Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	53.27%	Dec 31, 25	at high
5Y	53.27%	Dec 31, 25	at high
All	68.97%	Dec 31, 07	-22.8%

Gross Margin Lows

MORN Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	49.30%	N/A	+8.1%
5Y	49.30%	Dec 31, 22	+8.1%
All	47.59%	Dec 31, 17	+11.9%

Gross Margin History

Year	Value	Change
2025	53.27%	+1.9%
2024	52.26%	+4.0%
2023	50.23%	+1.9%
2022	49.30%	-4.9%
2021	51.86%	+3.9%
2020	49.92%	+1.8%
2019	49.04%	-2.3%
2018	50.21%	+5.5%
2017	47.59%	-0.9%
2016	48.03%	-3.9%
2015	49.99%	-1.7%
2014	50.86%	-6.8%
2013	54.58%	-14.4%

Year	Value	Change
2012	63.78%	-0.9%
2011	64.36%	-0.3%
2010	64.58%	-2.9%
2009	66.48%	-3.6%
2008	68.94%	-0.0%
2007	68.97%	+2.0%
2006	67.65%	-0.5%
2005	68.00%	+4.7%
2004	64.97%	+2.0%
2003	63.70%	+7.4%
2002	59.33%	+17.4%
2001	50.55%	-

FAQ

What is the current annual gross margin of MORN?: As of today, MORN annual gross margin is 53.27%
What is 1-year change in MORN annual gross margin?: MORN annual gross margin is up +1.93% year-over-year
What is 3-year change in MORN annual gross margin?: MORN annual gross margin is up +8.05% over the past 3 years
How far is MORN annual gross margin from its all-time high?: MORN annual gross margin is currently -22.76% below its historical high of 68.97% set on December 31, 2007
How does MORN annual gross margin rank versus sector peers?: MORN annual gross margin is higher than 75.46% of companies in Financial Services sector
When is MORN next annual earnings release?: The next annual earnings release for MORN is on February 11, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

56.29%0.44%+0.79%

September 30, 2026

Summary

Current Value: As of today, MORN quarterly gross margin is 56.29%, up +0.79% on September 30, 2026
Historical Performance: MORN quarterly gross margin is up +5.73% year-over-year, up +8.35% over the past 3 years
All-Time High Comparison: MORN quarterly gross margin is currently -19.78% below its historical high of 70.17% set on June 30, 2008
3-Year Low Comparison: MORN quarterly gross margin is +9.88% above its 3-year low of 51.23% reached on March 31, 2024
Sector Comparison: MORN quarterly gross margin is higher than 76.38% of companies in Financial Services sector

Performance

MORN Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	56.29%	+0.8%	+5.7%	+8.3%	+16.2%
Annual Gross Margin	Dec 31, 25	53.27%	–	+1.9%	+8.1%	+6.7%
Price	Nov 11, 26	$248.65	+27.3%	+15.9%	-6.6%	-21.0%
PE Ratio	Nov 11, 26	21.74	+17.4%	-10.9%	-86.5%	-66.2%
Quarterly Revenue	Sep 30, 26	$672.10M	+1.3%	+8.9%	+29.4%	+56.7%
Quarterly Gross Profit	Sep 30, 26	$378.30M	+2.1%	+15.1%	+40.2%	+82.1%
Quarterly Operating Margin	Sep 30, 26	25.40%	+4.1%	+15.3%	+70.5%	+60.7%
Quarterly Net Margin	Sep 30, 26	17.18%	+5.7%	+15.8%	+128.2%	+50.4%

Quarterly Gross Margin Highs

MORN Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	56.29%	Sep 30, 26	at high
3Y	56.29%	Sep 30, 26	at high
5Y	56.29%	Sep 30, 26	at high
All	70.17%	Jun 30, 08	-19.8%

Quarterly Gross Margin Lows

MORN Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	53.24%	N/A	+5.7%
3Y	51.23%	Mar 31, 24	+9.9%
5Y	46.16%	Mar 31, 23	+21.9%
All	43.95%	Mar 31, 17	+28.1%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	56.29%	+0.8%
Jun 2026	55.85%	+1.7%
Mar 2026	54.93%	+2.1%
Dec 2025	53.78%	+1.0%
Sep 2025	53.24%	-1.2%
Jun 2025	53.88%	+3.4%
Mar 2025	52.11%	-0.8%
Dec 2024	52.52%	-0.9%
Sep 2024	52.99%	+1.2%
Jun 2024	52.36%	+2.2%
Mar 2024	51.23%	-4.4%
Dec 2023	53.56%	+3.1%
Sep 2023	51.95%	+6.3%
Jun 2023	48.85%	+5.8%
Mar 2023	46.16%	-7.5%
Dec 2022	49.92%	+1.3%
Sep 2022	49.29%	+1.5%
Jun 2022	48.56%	-1.7%
Mar 2022	49.40%	-2.6%
Dec 2021	50.70%	+4.7%
Sep 2021	48.43%	-3.9%
Jun 2021	50.41%	-0.5%
Mar 2021	50.64%	-1.2%
Dec 2020	51.26%	+0.2%
Sep 2020	51.15%	+2.8%
Jun 2020	49.74%	+5.5%
Mar 2020	47.16%	+0.1%
Dec 2019	47.11%	-2.0%
Sep 2019	48.06%	-6.3%
Jun 2019	51.30%	+1.9%
Mar 2019	50.33%	+3.1%
Dec 2018	48.84%	-6.6%
Sep 2018	52.28%	+2.3%
Jun 2018	51.11%	+5.3%
Mar 2018	48.54%	+4.1%
Dec 2017	46.61%	-8.0%
Sep 2017	50.68%	+2.2%
Jun 2017	49.59%	+12.8%
Mar 2017	43.95%	-11.6%
Dec 2016	49.72%	+4.7%
Sep 2016	47.48%	-0.7%
Jun 2016	47.83%	+1.9%
Mar 2016	46.95%	-5.4%
Dec 2015	49.65%	+1.5%
Sep 2015	48.90%	-3.7%
Jun 2015	50.77%	-2.8%
Mar 2015	52.22%	+2.1%
Dec 2014	51.15%	+0.4%

Month	Value	Change
Sep 2014	50.96%	+2.0%
Jun 2014	49.95%	-2.8%
Mar 2014	51.37%	-3.1%
Dec 2013	53.03%	+2.4%
Sep 2013	51.77%	-20.5%
Jun 2013	65.10%	+0.4%
Mar 2013	64.85%	-0.6%
Dec 2012	65.21%	+2.5%
Sep 2012	63.63%	-0.3%
Jun 2012	63.81%	+2.3%
Mar 2012	62.37%	-0.3%
Dec 2011	62.54%	-0.9%
Sep 2011	63.12%	-3.5%
Jun 2011	65.38%	-1.7%
Mar 2011	66.48%	+3.3%
Dec 2010	64.35%	+0.9%
Sep 2010	63.80%	-0.3%
Jun 2010	64.01%	-3.4%
Mar 2010	66.28%	+3.8%
Dec 2009	63.85%	-5.9%
Sep 2009	67.87%	+1.4%
Jun 2009	66.92%	-0.6%
Mar 2009	67.35%	-0.6%
Dec 2008	67.76%	-1.6%
Sep 2008	68.85%	-1.9%
Jun 2008	70.17%	+1.9%
Mar 2008	68.83%	-1.4%
Dec 2007	69.82%	+0.8%
Sep 2007	69.30%	+1.1%
Jun 2007	68.54%	+0.8%
Mar 2007	67.99%	+0.9%
Dec 2006	67.37%	-0.1%
Sep 2006	67.42%	+1.9%
Jun 2006	66.14%	-5.4%
Mar 2006	69.91%	+0.2%
Dec 2005	69.78%	+3.3%
Sep 2005	67.53%	-1.9%
Jun 2005	68.84%	+5.0%
Mar 2005	65.59%	-0.7%
Dec 2004	66.03%	-0.7%
Sep 2004	66.48%	+8.3%
Jun 2004	61.39%	-6.7%
Mar 2004	65.77%	+3.4%
Dec 2003	63.60%	-1.4%
Sep 2003	64.52%	+0.6%
Jun 2003	64.15%	+2.8%
Mar 2003	62.40%	-

FAQ

What is the current quarterly gross margin of MORN?: As of today, MORN quarterly gross margin is 56.29%
What is MORN quarterly gross margin most recent change?: MORN quarterly gross margin was up +0.79% on September 30, 2026
What is 1-year change in MORN quarterly gross margin?: MORN quarterly gross margin is up +5.73% year-over-year
How far is MORN quarterly gross margin from its all-time high?: MORN quarterly gross margin is currently -19.78% below its historical high of 70.17% set on June 30, 2008
How does MORN quarterly gross margin rank versus sector peers?: MORN quarterly gross margin is higher than 76.38% of companies in Financial Services sector
When is MORN next earnings release?: The next earnings release for MORN is on February 11, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

MORN Official Website www.morningstar.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1289419/000128941926000013/0001289419-26-000013-index.htm
MORN Profile on Yahoo Finance finance.yahoo.com/quote/MORN
MORN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/morn