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Morningstar (MORN) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Morningstar (MORN) over the last 17 years, with Q3 2025 value amounting to $490.1 million.

  • Morningstar's Operating Expenses rose 797.53% to $490.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.9 billion, marking a year-over-year increase of 627.55%. This contributed to the annual value of $1.9 billion for FY2024, which is 256.08% up from last year.
  • Latest data reveals that Morningstar reported Operating Expenses of $490.1 million as of Q3 2025, which was up 797.53% from $480.8 million recorded in Q2 2025.
  • Morningstar's 5-year Operating Expenses high stood at $490.1 million for Q3 2025, and its period low was $325.6 million during Q1 2021.
  • Moreover, its 5-year median value for Operating Expenses was $446.2 million (2022), whereas its average is $434.0 million.
  • Its Operating Expenses has fluctuated over the past 5 years, first skyrocketed by 3810.95% in 2021, then plummeted by 109.84% in 2024.
  • Morningstar's Operating Expenses (Quarter) stood at $387.4 million in 2021, then increased by 13.45% to $439.5 million in 2022, then increased by 1.09% to $444.3 million in 2023, then grew by 9.57% to $486.8 million in 2024, then grew by 0.68% to $490.1 million in 2025.
  • Its Operating Expenses was $490.1 million in Q3 2025, compared to $480.8 million in Q2 2025 and $467.8 million in Q1 2025.