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SG&A Expense Growth Under PressureDecelerating
Percentile Rank72
3Y CAGR-46.7%
5Y CAGR-42.8%
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

3Y CAGR
-46.7%/yr
vs +308.6%/yr prior
5Y CAGR
-42.8%/yr
Recent deceleration
Acceleration
-355.2pp
Decelerating
Percentile
P72
Within normal range
vs 5Y Ago
0.1x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 202517.05%
Q3 2025723.44%
Q2 2025-82.59%
Q1 2025-79.22%
Q4 2024478.44%
Q3 2024-7.15%
Q2 2024-61.34%
Q1 2024-42.30%
Q4 202362.15%
Q3 202338.41%
Q2 2023-14.62%
Q1 2023-63.04%
Q4 2022112.39%
Q3 2022-2.75%
Q2 20222.46%
Q1 2022-53.88%
Q4 2021151.60%
Q3 2021-12.73%
Q2 20216.96%
Q1 2021-66.38%
Q4 2020278.10%
Q3 2020-6.48%
Q2 2020-15.70%
Q1 2020-45.43%
Q4 201992.86%
Q3 20191.16%
Q2 2019-16.39%
Q1 2019-50.64%
Q4 2018137.25%
Q3 2018-10.07%
Q2 2018-13.35%
Q1 2018-42.42%
Q4 201742.68%
Q3 2017145.09%
Q2 20171.36%
Q1 20170.00%
Q4 2016-100.00%
Q3 20160.00%
Q2 20160.00%
Q1 20160.00%