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Morningstar, Inc. (MORN) — Cost of Revenue

Annual figures by fiscal year, from SEC filings.

2009: $128.62M2010: $157.07M2011: $235.29M2012: $246.78M2013: $271.40M2014: $318.60M2015: $330.10M2016: $344.30M2017: $386.60M2018: $411.10M2019: $483.10M2020: $556.40M2021: $698.40M2022: $779.30M2023: $843.50M2024: $895.70M2025: $952.90M$952.90M
2009Cost of Revenue (USD)2025
Fiscal YearCost of RevenueChange YoY
2025$952.90M+6.4%
2024$895.70M+6.2%
2023$843.50M+8.2%
2022$779.30M+11.6%
2021$698.40M+25.5%
2020$556.40M+15.2%
2019$483.10M+17.5%
2018$411.10M+6.3%
2017$386.60M+12.3%
2016$344.30M+4.3%
2015$330.10M+3.6%
2014$318.60M+17.4%
2013$271.40M+10.0%
2012$246.78M+4.9%
2011$235.29M+49.8%
2010$157.07M+22.1%
2009$128.62M—