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Operating Expenses Over TimeContracting
Percentile Rank0
3Y CAGR-41.7%
5Y CAGR-22.5%
Studio
Year-over-Year Change

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

3Y CAGR
-41.7%/yr
vs +19.4%/yr prior
5Y CAGR
-22.5%/yr
Recent deceleration
Acceleration
-61.2pp
Decelerating
Percentile
P0
Near historical low
vs 5Y Ago
0.3x
Contraction
Streak
1 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$132.05M-80.4%
2024$674.10M+112.0%
2023$317.90M-52.4%
2022$667.40M+20.6%
2021$553.20M+17.0%
2020$472.80M-0.9%
2019$476.90M+45.4%
2018$327.90M-1.6%
2017$333.40M+27.1%
2016$262.31M-