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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+12.9%
5Y CAGR+14.6%
Studio
Year-over-Year Change

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

3Y CAGR
+12.9%/yr
vs +11.8%/yr prior
5Y CAGR
+14.6%/yr
Consistent
Acceleration
+1.2pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2x
Strong expansion
Streak
5 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$7.53B+11.1%
2024$6.78B+6.7%
2023$6.35B+21.5%
2022$5.23B+15.4%
2021$4.53B+18.9%
2020$3.81B-0.5%
2019$3.83B+14.4%
2018$3.35B+14.1%
2017$2.94B+18.3%
2016$2.48B-