Morningstar provided responses to selected investor questions received through November 5, 2025, focusing on their AI strategy and business growth initiatives.
The company highlighted opportunities in leveraging AI for data delivery, product enhancement, and revenue models.
Headcount growth in specific segments like Morningstar Credit and PitchBook impacted Q3 2025 results.
Positive indicators for the International Wealth Platform's revenue growth potential were shared, along with internal business health metrics.
AI Strategy Focus
Morningstar's AI strategy revolves around data delivery, product enhancement, and operational excellence to leverage AI capabilities effectively.
Headcount Growth
Q3 2025 saw a net headcount growth of 90 positions, mainly driven by increased headcount in Morningstar Credit and PitchBook.
Revenue Outlook
While not providing specific guidance, Morningstar expressed optimism about medium-term revenue growth opportunities, especially in the International Wealth Platform.
- Morningstar's AI strategy aims to enhance data delivery and product features to cater to investor needs and market trends.
- The company's focus on leveraging AI for operational efficiency could lead to enhanced services and differentiated offerings in the financial market.
Morningstar's responses to investor questions reflect a strategic focus on AI innovation, business growth, and revenue potential. The company remains optimistic about future opportunities and continues to invest in key segments for sustainable growth.