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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+46.4%
5Y CAGR+33.8%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+46.4%/yr
vs +3.8%/yr prior
5Y CAGR
+33.8%/yr
Recent acceleration
Acceleration
+42.5pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
4.3x
Strong expansion
Streak
5 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$438.10M+126.4%
2024$193.50M+18.0%
2023$163.97M+17.4%
2022$139.72M+24.4%
2021$112.36M+10.1%
2020$102.09M-5.0%
2019$107.47M-10.6%
2018$120.28M+20.7%
2017$99.65M+1.0%
2016$98.63M-