Morningstar (MORN) Accumulated Expenses (2009 - 2026)

Morningstar (MORN) has 18 years of Accumulated Expenses data on file, last reported at $144.9 million in Q1 2026.

• Quarterly Accumulated Expenses rose 9.28% year-over-year to $144.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $144.9 million (up 9.28% YoY) and the FY2025 annual result came in at $294.2 million, up 8.08% from the prior year.
• Accumulated Expenses fell to $144.9 million in Q1 2026 per MORN's latest filing, from $294.2 million in the prior quarter.
• Across five years, Accumulated Expenses topped out at $294.2 million in Q4 2025 and bottomed at $122.9 million in Q1 2024.
• The 5-year median for Accumulated Expenses is $179.5 million (2025), against an average of $186.8 million.
• Peak annual rise in Accumulated Expenses reached 44.76% in 2022, while the deepest fall reached 19.58% in 2022.
• Tracing MORN's Accumulated Expenses over 5 years: stood at $220.1 million in 2022, then declined by 2.59% to $214.4 million in 2023, then increased by 26.96% to $272.2 million in 2024, then gained by 8.08% to $294.2 million in 2025, then sank by 50.75% to $144.9 million in 2026.
• Per Business Quant, the three latest MORN Accumulated Expenses figures stand at $144.9 million (Q1 2026), $294.2 million (Q4 2025), and $231.0 million (Q3 2025).

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