Morningstar annual r&d spending
2008
2009
2010
2011
2012
Morningstar R&D Spending Growth & History (MORN)
Morningstar's r&d spending was $51.4M for fiscal 2012.
View full Morningstar company overviewMorningstar annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2012 | 2012-12-31 | $51.4M | −$1.7M | −3.24% |
| 2011 | 2011-12-31 | $53.2M | $3.9M | +7.95% |
| 2010 | 2010-12-31 | $49.2M | $10.9M | +28.31% |
| 2009 | 2009-12-31 | $38.4M | −$2.0M | −4.86% |
| 2008 | 2008-12-31 | $40.3M | — | — |
Morningstar quarterly r&d spending
Q2.09
Q3.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2013 | 2013-06-30 | $14.2M | $1.7M | +13.76% |
| Q1 2013 | 2013-03-31 | $13.6M | $275,000 | +2.06% |
| Q4 2012 | 2012-12-31 | $12.8M | −$1.2M | −8.81% |
| Q3 2012 | 2012-09-30 | $12.9M | −$625,000 | −4.64% |
| Q2 2012 | 2012-06-30 | $12.4M | −$1.2M | −9.06% |
| Q1 2012 | 2012-03-31 | $13.4M | $1.4M | +11.49% |
| Q4 2011 | 2011-12-31 | $14.0M | $253,000 | +1.84% |
| Q3 2011 | 2011-09-30 | $13.5M | $779,000 | +6.13% |
| Q2 2011 | 2011-06-30 | $13.7M | $1.8M | +14.98% |
| Q1 2011 | 2011-03-31 | $12.0M | $1.1M | +10.09% |
| Q4 2010 | 2010-12-31 | $13.8M | — | — |
| Q3 2010 | 2010-09-30 | $12.7M | $3.3M | +34.47% |
| Q2 2010 | 2010-06-30 | $11.9M | $2.5M | +26.08% |
| Q1 2010 | 2010-03-31 | $10.9M | — | — |
| Q3 2009 | 2009-09-30 | $9.4M | — | — |
| Q2 2009 | 2009-06-30 | $9.4M | — | — |
Morningstar r&d spending trends
Between the periods ended 2008-12-31 and 2012-12-31, Morningstar's r&d spending increased from $40.3M to $51.4M, a change of $11.1M. The latest reported quarter, Q2 2013, shows $14.2M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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