Light & Wonder, Inc.LNWNASDAQ
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank67
3Y CAGR+70.5%
5Y CAGR-37.5%
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

3Y CAGR
+70.5%/yr
vs -1.2%/yr prior
5Y CAGR
-37.5%/yr
Recent acceleration
Acceleration
+71.7pp
Accelerating
Percentile
P67
Within normal range
vs 5Y Ago
0.1x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 20252.74%
Q3 20255.29%
Q2 2025-4.15%
Q1 20250.93%
Q4 2024-2.27%
Q3 20240.00%
Q2 20240.92%
Q1 20244.31%
Q4 20232.45%
Q3 20230.49%
Q2 20235.73%
Q1 20235.49%
Q4 20220.55%
Q3 20221.12%
Q2 20222.29%
Q1 2022-1.13%
Q4 20217.93%
Q3 2021-8.89%
Q2 202113.21%
Q1 2021-15.43%
Q4 202028.77%
Q3 2020-3.31%
Q2 2020-23.74%
Q1 202015.12%
Q4 2019-1.71%
Q3 20190.57%
Q2 2019-6.45%
Q1 20192.37%
Q4 20187.07%
Q3 2018-2.42%
Q2 20181.34%
Q1 20182.33%
Q4 20175.60%
Q3 20178.84%
Q2 20173.70%
Q1 20172.70%
Q4 2016-10.34%
Q3 20165.45%
Q2 20161.83%
Q1 2016-1.25%