LUG.STLUG.STSTO
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Operating Expenses Over TimeContracting
Percentile Rank93
3Y CAGR+23.4%
5Y CAGR+26.0%
Studio
Year-over-Year Change

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

3Y CAGR
+23.4%/yr
vs +8.0%/yr prior
5Y CAGR
+26.0%/yr
Consistent
Acceleration
+15.4pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
3.2x
Strong expansion
Streak
1 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$65.54M-11.2%
2024$73.79M+64.9%
2023$44.75M+28.4%
2022$34.85M+0.9%
2021$34.56M+67.7%
2020$20.61M-24.1%
2019$27.14M+6.1%
2018$25.59M+23.4%
2017$20.74M-2.3%
2016$21.23M-