NASDAQ: MORN

How many employees work at Morningstar?

Morningstar, Inc. (MORN) has approximately 11,126 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Morningstar’s total headcount has grown 4.5% from 10,642 employees in 2023 to 11,126 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is Morningstar hiring right now?

Yes, Morningstar is actively hiring. Morningstar had 746 active job postings in 2026, a 26.4% increase from 2025 — see job openings & hiring trends.

About Morningstar’s Workforce

Morningstar, Inc. (MORN) is a Financial Services company that employs 11,126 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 1984, the company is headquartered in Chicago, Illinois and trades on the NASDAQ.

Morningstar's workforce has grown 4.5% from 2023 to 2026, up 2.2% year over year in 2026. It fell to a low of 10,226 in 2024 Q3 before recovering. Its workforce is concentrated most in South Asia (49.0%), followed by North America (28.9%) and Northern Europe (5.7%).

Morningstar's functional groups are Finance and Operations (49.2%), Engineering (38.0%), and Sales and Marketing (12.8%), with Engineering growing fastest (up 2.6%). The average salary is $63,063, ranging from a median of $120,000 in North America to $10,000 in South Asia, down 3.3% year over year in 2026.

Morningstar's active job postings rose 26.4% in 2026 to 746, with new postings per month climbing from 300 in 2023 to 310 in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

Ticker
NASDAQ: MORN
Headquarters
Chicago, Illinois
Founded
1984
Industry
Financial Services
Employees
11,126
YoY
+2.2% (+678)

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Morningstar Annual Employee Count (2023-2026)

Interactive chart of Morningstar annual worldwide employee count from 2023 to 2026.
  • Morningstar had 11,126 employees in 2026, a 2.2% increase (+678) from 2025.
  • Morningstar had 10,958 employees in 2025, a 3.6% increase (+629) from 2024.
  • Morningstar had 10,329 employees in 2024, a 1.8% increase (-41) from 2023.
  • Morningstar had 10,370 employees in 2023, a 2.3% decline (-430) from 2022.

Morningstar's total workforce has grown from 10,642 employees in 2023 to 11,126 in 2026.

Morningstar, Inc. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q111,126+678+2.2%
2025Q410,958+629+3.6%
2025Q310,818+592+4.1%
2025Q210,725+400+3.7%
2025Q110,448+83+2.4%
2024Q410,329-41+1.8%
2024Q310,226-184+1.0%
2024Q210,325-317-0.2%
2024Q110,365-424-1.8%
2023Q410,370-430-2.3%
2023Q310,410+155+0.8%
2023Q210,642+1,043+5.1%

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Morningstar Employee Count by Region (2026)

South Asia accounts for the largest share of Morningstar's global workforce with approximately 49% of total employees, followed by North America and Northern Europe.

Morningstar employees by region

RegionEmployees% of Total
South Asia5,41449.0%
North America3,19328.9%
Northern Europe6315.7%
East Asia5935.4%
Pacific Islands3463.1%
Southern Europe2582.3%
Western Europe1551.4%
Central America and the Caribbean1281.2%
Southeast Asia1161.1%
Sub-Saharan Africa840.8%

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Morningstar Employee Count by Department (2026)

Morningstar's employee groups are Finance and Operations (49.2%), Engineering (38.0%), and Sales and Marketing (12.8%).

Morningstar employees by department

DepartmentEmployees% of Total
Finance and Operations5,46449.2%
Engineering4,21738.0%
Sales and Marketing1,42312.8%

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Morningstar Employee Salary by Region (2026)

Morningstar's average employee salary is $63,063 globally. Employees in North America receive the highest compensation, with median pay approximately 1.9x the global average. Pay is lowest in South Asia, at a median of $10,000.

Morningstar median employee salary by region (USD)

RegionMedian Salary
North America$120,000
Western Europe$111,000
Northern Europe$99,000
Pacific Islands$84,000
Arab States$72,000
Southeast Asia$70,000
Southern Europe$57,000
Eastern Europe$37,000
East Asia$32,000
Central and Western Asia$27,000
South America$24,000
Sub-Saharan Africa$24,000
Central America and the Caribbean$16,000
South Asia$10,000
North Africa$10,000

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Morningstar Job Openings and Hiring Trends (2023-2026)

Interactive chart of Morningstar annual active job postings from 2023 to 2026.
  • Morningstar had 746 active job postings in 2026, a 26.4% increase (+69) from 2025.
  • Morningstar had 677 active job postings in 2025, a 9.1% increase (+59) from 2024.
  • Morningstar had 618 active job postings in 2024, a 40.5% increase (+208) from 2023.
  • Morningstar had 410 active job postings in 2023, a 67.5% decline from 2022.
  • Hiring velocity in 2026: 310 new roles/month, down from 318 in 2025 and 288 in 2024.

Morningstar's hiring is accelerating: active job postings rose 26.4% in 2026 to 746, with new postings per month climbing from 300 in 2023 to 310 in 2026.

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Morningstar Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Morningstar's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Morningstar

How fast is Morningstar growing?
In 2026, Morningstar's headcount grew 2.2% to 11,126 employees, up from 10,448 in 2025.
See the full headcount history
Where are Morningstar employees located?
Most Morningstar employees are based in South Asia (49.0% of headcount), followed by North America and Northern Europe.
Explore where the workforce is based
What is the average salary at Morningstar?
The average employee salary at Morningstar is approximately $63.1k per year.
Analyze the salary distribution
How many new job postings does Morningstar open per year?
In Q1 2026, Morningstar opened 930 new job postings. In 2025, Morningstar opened 3,815 new job postings — about 318 per month.
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When was Morningstar founded and where is it headquartered?
Morningstar was founded in 1984 and is headquartered in Chicago, Illinois.
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