SMAWFSMAWFOTC
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Operating Expenses Over TimeStable
Percentile Rank100
3Y CAGR+4.7%
5Y CAGR+6.4%
Year-over-Year Change
Expenses from normal business operations (SG&A, R&D, etc.)
3Y CAGR
+4.7%/yr
vs -0.5%/yr prior
5Y CAGR
+6.4%/yr
Consistent
Acceleration
+5.2pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.4x
Solid growth
Streak
1 yr
Consecutive growthStable
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $21.31B | +4.7% |
| 2024 | $20.36B | -0.3% |
| 2023 | $20.41B | +9.9% |
| 2022 | $18.57B | +13.8% |
| 2021 | $16.32B | +4.4% |
| 2020 | $15.63B | -18.7% |
| 2019 | $19.23B | +1.5% |
| 2018 | $18.95B | +7.2% |
| 2017 | $17.68B | +6.0% |
| 2016 | $16.68B | - |