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Morningstar (MORN) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Morningstar (MORN) over the last 17 years, with Q3 2025 value amounting to $241.7 million.

  • Morningstar's Cost of Revenue rose 853.17% to $241.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $935.9 million, marking a year-over-year increase of 771.09%. This contributed to the annual value of $895.7 million for FY2024, which is 618.85% up from last year.
  • Latest data reveals that Morningstar reported Cost of Revenue of $241.7 million as of Q3 2025, which was up 853.17% from $230.6 million recorded in Q2 2025.
  • Morningstar's 5-year Cost of Revenue high stood at $241.7 million for Q3 2025, and its period low was $157.3 million during Q1 2021.
  • Over the past 5 years, Morningstar's median Cost of Revenue value was $205.4 million (recorded in 2023), while the average stood at $206.3 million.
  • Per our database at Business Quant, Morningstar's Cost of Revenue surged by 3201.15% in 2021 and then tumbled by 31.99% in 2024.
  • Morningstar's Cost of Revenue (Quarter) stood at $189.6 million in 2021, then increased by 2.85% to $195.0 million in 2022, then increased by 5.33% to $205.4 million in 2023, then rose by 13.05% to $232.2 million in 2024, then grew by 4.09% to $241.7 million in 2025.
  • Its last three reported values are $241.7 million in Q3 2025, $230.6 million for Q2 2025, and $231.4 million during Q1 2025.