PCWLFPCWLFOTC
Loading
Operating Expenses Over TimeContracting
Percentile Rank0
3Y CAGR-25.6%
5Y CAGR-15.0%
Studio
Year-over-Year Change

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

3Y CAGR
-25.6%/yr
vs +1.0%/yr prior
5Y CAGR
-15.0%/yr
Recent deceleration
Acceleration
-26.6pp
Decelerating
Percentile
P0
Near historical low
vs 5Y Ago
0.4x
Contraction
Streak
3 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$5.55B-56.3%
2024$12.71B-4.2%
2023$13.27B-1.7%
2022$13.50B+2.4%
2021$13.18B+5.0%
2020$12.55B-4.6%
2019$13.16B+1.5%
2018$12.97B-9.4%
2017$14.32B-5.2%
2016$15.11B-