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SG&A Expense Growth Under PressureDecelerating
Percentile Rank6
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P6
Near historical low
vs 3Y Ago
-0.2x
Contraction
Streak
4 qtr
Consecutive declineDecelerating
PeriodValue
Q2 2025-61.84%
Q1 2025-23.30%
Q4 202422.05%
Q3 202465.80%
Q2 202474.36%
Q1 2024-47.17%
Q4 202331.02%
Q3 2023-33.84%
Q2 2023-21.96%
Q1 2023-16.84%
Q4 2022-30.40%
Q3 202264.88%
Q2 2022318.45%
Q1 2022-74.75%
Q4 2021459.84%
Q3 20217.76%
Q2 202114.08%
Q1 202141.47%
Q4 2020-7.96%
Q3 2020-7.05%
Q2 2020-32.93%
Q1 20209.71%
Q4 2019-39.14%
Q3 20195.87%
Q2 20191.67%
Q1 2019-47.27%
Q4 2018-24.81%
Q3 2018-0.25%
Q2 2018110.24%
Q1 2018-75.69%
Q4 20170.00%
Q3 20170.00%