FMR.TOFMR.TOTSX
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Operating Expenses Over TimeContracting
Percentile Rank8
3Y CAGR-12.8%
5Y CAGR-5.0%
Studio
Year-over-Year Change

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

3Y CAGR
-12.8%/yr
vs +0.9%/yr prior
5Y CAGR
-5.0%/yr
Recent deceleration
Acceleration
-13.7pp
Decelerating
Percentile
P8
Near historical low
vs 5Y Ago
0.8x
Contraction
Streak
2 yr
Consecutive declineContracting
PeriodValueYoY Change
TTM$1.25M-12.9%
2025$1.43M-26.6%
2024$1.95M+3.7%
2023$1.88M-82.2%
2022$10.57M+557.0%
2021$1.61M-38.1%
2020$2.60M+43.1%
2019$1.82M-65.8%
2018$5.32M+11.9%
2017$4.75M-