Morningstar Inc (NASDAQ: MORN) is a financial data and investment research company that provides data, research, ratings, and analytics to investors and financial professionals. The filing excerpts from the 10-K filed 2026-02-13 (accession 000128941926000013), covering fiscal year ended December 31, 2025, confirm Morningstar as the registrant, but do not contain sufficient detail to characterize revenue streams, segment breakdown, product specifics, customer counts, geographic mix, competitors, or capital structure. As a result, only what is directly supported by the available filing excerpts is included here. The 10-K was filed February 13, 2026 for the fiscal year ended December 31, 2025, and Morningstar is confirmed as a well-known seasoned issuer under Rule 405 of the Securities Act.

Source: SEC 10-K, filed 2026-02-13

Industry: Investment Advice Peers: MarketWise Inc Cboe Global Markets Inc Coinbase Global Inc Donnelley Financial Solutions Inc Factset Research Systems Inc Marketaxess Holdings Inc S&P Global Inc Nasdaq Inc Open Lending Corp Tradeweb Markets Inc