WAT.AXWAT.AXASX
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Operating Expenses Over TimeContracting
Percentile Rank93
3Y CAGR+66.1%
5Y CAGR+37.2%
Studio
Year-over-Year Change

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

3Y CAGR
+66.1%/yr
vs -18.1%/yr prior
5Y CAGR
+37.2%/yr
Recent acceleration
Acceleration
+84.3pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
4.9x
Strong expansion
Streak
1 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$78.15M-20.3%
2024$98.00M+409.5%
2023$19.23M+12.8%
2022$17.05M-6.7%
2021$18.27M+13.6%
2020$16.08M-59.6%
2019$39.76M+4.8%
2018$37.96M+6.6%
2017$35.59M+3.5%
2016$34.40M-