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SG&A Expense Growth Under PressureDecelerating
Percentile Rank10
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P10
Near historical low
vs 5Y Ago
-3.1x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-31.73%
Q2 202530.17%
Q4 20246.66%
Q2 202411.60%
Q4 2023-20.35%
Q2 2023-58.46%
Q4 2022260.69%
Q2 2022-19.37%
Q4 202156.10%
Q2 2021-29.58%
Q4 2020-32.18%
Q2 20209.96%
Q4 2019-21.50%
Q2 201935.69%
Q4 2018-31.47%
Q2 201810.39%
Q4 2017-15.75%
Q2 201712.97%
Q4 201658.38%
Q2 2016-15.15%
Q4 201510.21%
Q2 2015-10.58%
Q4 2014-15.71%
Q2 2014-5.35%
Q4 2013343.50%
Q2 2013-78.05%
Q4 201299.78%
Q2 20120.00%
Q4 2011-43.94%
Q2 20110.00%
Q4 201044.68%
Q2 20100.00%
Q4 2009-2.48%
Q2 20090.00%
Q4 200832.55%
Q2 20080.00%
Q4 200748.87%
Q2 20070.00%
Q4 20061.32%
Q2 20060.00%