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Morningstar (MORN) Cost of Revenue: 2009-2024

Historic Cost of Revenue for Morningstar (MORN) over the last 16 years, with Dec 2024 value amounting to $895.7 million.

  • Morningstar's Cost of Revenue rose 8.53% 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 7.71%. This contributed to the annual value of $895.7 million for FY2024, which is 6.19% up from last year.
  • As of FY2024, Morningstar's Cost of Revenue stood at $895.7 million, which was up 6.19% from $843.5 million recorded in FY2023.
  • Morningstar's Cost of Revenue's 5-year high stood at $895.7 million during FY2024, with a 5-year trough of $556.4 million in FY2020.
  • For the 3-year period, Morningstar's Cost of Revenue averaged around $839.5 million, with its median value being $843.5 million (2023).
  • Data for Morningstar's Cost of Revenue shows a peak YoY grew of 25.52% (in 2021) over the last 5 years.
  • Morningstar's Cost of Revenue (Yearly) stood at $556.4 million in 2020, then climbed by 25.52% to $698.4 million in 2021, then rose by 11.58% to $779.3 million in 2022, then grew by 8.24% to $843.5 million in 2023, then climbed by 6.19% to $895.7 million in 2024.