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SG&A Expense Growth Under PressureDecelerating
Percentile Rank8
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P8
Near historical low
vs 5Y Ago
-0.5x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-9.24%
Q3 202520.96%
Q2 2025-3.64%
Q1 20257.14%
Q4 2024-2.59%
Q3 20240.11%
Q2 20242.61%
Q1 2024-1.91%
Q4 20236.03%
Q3 20234.89%
Q2 20232.33%
Q1 2023-0.01%
Q4 2022-0.50%
Q3 20225.59%
Q2 2022-1.02%
Q1 20225.08%
Q4 20215.01%
Q3 2021686.26%
Q2 2021-10.85%
Q1 2021-1.22%
Q4 202018.17%
Q3 2020-0.46%
Q2 2020-21.29%
Q1 2020-8.11%
Q4 201913.91%
Q3 2019-0.13%
Q2 2019-6.12%
Q1 2019-8.36%
Q4 201819.08%
Q3 2018-7.70%
Q2 2018-1.75%
Q1 2018-9.52%
Q4 201719.42%
Q3 2017-2.98%
Q2 2017-6.51%
Q1 2017-3.66%
Q4 201617.38%
Q3 2016-4.98%
Q2 2016-6.12%
Q1 2016-5.00%