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SG&A Expense Growth Under PressureDecelerating
Percentile Rank3
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P3
Near historical low
vs 5Y Ago
-7x
Contraction
Streak
3 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-51.97%
Q2 2025-16.07%
Q4 2024-1.45%
Q2 2024147.60%
Q4 20231.63%
Q2 202335.16%
Q4 2022-2.67%
Q2 20225.06%
Q4 2021-23.61%
Q2 202132.39%
Q4 2020-31.25%
Q2 202052.38%
Q4 2019-70.58%
Q2 201914.66%
Q4 2018-4.23%
Q2 20184.84%
Q4 201716.16%
Q2 2017-7.17%
Q4 20169.26%
Q2 2016-11.37%
Q4 20157.47%
Q2 2015-0.45%
Q4 201445.57%
Q2 2014-27.73%
Q4 201315.62%
Q2 2013-12.68%
Q4 201254.30%
Q2 20120.00%
Q4 20118.27%
Q2 20110.00%
Q4 20103.37%
Q2 20100.00%
Q4 20099.38%
Q2 20090.00%
Q4 200816.90%
Q2 20080.00%
Q4 200734.45%
Q2 20070.00%
Q4 20060.00%
Q2 20060.00%