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SG&A Expense Growth Under PressureDecelerating
Percentile Rank5
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P5
Near historical low
vs 5Y Ago
-20.4x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-38.51%
Q3 202539.26%
Q2 202512.95%
Q1 2025-10.82%
Q4 2024-0.11%
Q3 202418.50%
Q2 2024-5.99%
Q1 202439.18%
Q4 2023-30.93%
Q3 20234.20%
Q2 20238.04%
Q1 2023-5.04%
Q4 20220.15%
Q3 20222.62%
Q2 202254.63%
Q1 2022-25.88%
Q4 202119.46%
Q3 202195.35%
Q2 2021-35.34%
Q1 202166.04%
Q4 20201.89%
Q3 202054.30%
Q2 2020-83.15%
Q1 20203.81%
Q4 2019-25.30%
Q3 2019-2.98%
Q2 201970.73%
Q1 2019-52.25%
Q4 20181.99%
Q3 20182.13%
Q2 2018-3.21%
Q1 20180.21%
Q4 20179.54%
Q3 2017-3.47%
Q2 20170.69%
Q1 20174.97%
Q4 201641.12%
Q3 20161.83%
Q2 2016-4.71%
Q1 2016-1.34%