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Operating Expenses Over TimeStable
Percentile Rank50
3Y CAGR-5.6%
5Y CAGR-1.6%
Year-over-Year Change
Expenses from normal business operations (SG&A, R&D, etc.)
3Y CAGR
-5.6%/yr
vs +1.9%/yr prior
5Y CAGR
-1.6%/yr
Recent deceleration
Acceleration
-7.5pp
Decelerating
Percentile
P50
Within normal range
vs 5Y Ago
0.9x
Contraction
Streak
4 yr
Consecutive declineStable
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $420.65B | -4.5% |
| 2024 | $440.59B | -0.6% |
| 2023 | $443.25B | -11.4% |
| 2022 | $500.07B | -9.4% |
| 2021 | $551.87B | +20.9% |
| 2020 | $456.34B | +3.7% |
| 2019 | $440.19B | -5.1% |
| 2018 | $463.97B | +81.7% |
| 2017 | $255.31B | +25.4% |
| 2016 | $203.57B | - |