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.
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