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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
-6.5x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-100.00%
Q2 2025197.49%
Q4 2024-200.00%
Q2 2024-0.66%
Q4 20238.15%
Q2 2023-4.31%
Q4 202214.01%
Q2 2022-0.77%
Q4 202118.48%
Q2 2021-4.97%
Q4 2020-13.97%
Q2 2020-1.18%
Q4 20197.27%
Q2 2019-13.21%
Q4 201817.77%
Q2 2018-11.99%
Q4 201724.19%
Q2 2017-13.05%
Q4 201621.14%
Q2 2016-15.86%
Q4 201515.48%
Q2 2015-5.47%
Q4 201412.35%
Q2 2014-4.05%
Q4 2013-6.22%
Q2 20130.00%
Q4 20120.00%
Q2 20120.00%
Q4 20110.00%
Q2 2011-100.00%
Q4 20100.00%
Q2 201012.65%
Q4 20090.00%
Q2 2009-1.49%
Q4 20080.00%
Q2 200811.55%
Q4 20070.00%
Q2 2007-3.39%
Q4 20060.00%
Q2 20062.80%