Morningstar, Inc. R&D Expense

Quick Answer

Morningstar, Inc. reported R&D Expense of $51.44 million for fiscal year 2012.

Morningstar, Inc. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2012 $51.44M -3.2%
2011 $53.16M +7.9%
2010 $49.24M +28.3%
2009 $38.38M -4.9%
2008 $40.34M

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
June 30, 2013 $14.15M +13.8% +3.8%
March 31, 2013 $13.64M +2.1% +6.1%
September 30, 2012 $12.86M -4.6% +3.3%
June 30, 2012 $12.44M -9.1% -6.9%
March 31, 2012 $13.37M +11.5% -0.9%
September 30, 2011 $13.48M +6.1% -1.5%
June 30, 2011 $13.68M +15.0% +14.1%
March 31, 2011 $11.99M +10.1% -5.6%
  • Morningstar, Inc. showed a decrease of -3.2% in R&D Expense compared to the prior fiscal year.
  • Over the 2008–2012 period, Morningstar, Inc.’s r&d expense has grown by 27.5% (from $40.34 million to $51.44 million).
  • The most recent figure is from Morningstar, Inc.’s fiscal year 2012 report (Form 10-K), filed with the SEC on February 28, 2013.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

Last verified:

Leave a Comment