LendingClub (LC) Research & Development (2016 - 2020)
LendingClub (LC) has disclosed Research & Development for 10 consecutive years, with $29.2 million as the latest value for Q4 2020.
- Quarterly Research & Development fell 28.95% to $29.2 million in Q4 2020 from the year-ago period, while the trailing twelve-month figure was $139.0 million through Dec 2020, down 17.42% year-over-year, with the annual reading at $139.0 million for FY2020, 17.42% down from the prior year.
- Research & Development hit $29.2 million in Q4 2020 for LendingClub, down from $32.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $43.3 million in Q2 2019 to a low of $24.2 million in Q1 2016.
- Historically, Research & Development has averaged $36.0 million across 5 years, with a median of $37.2 million in 2018.
- Biggest five-year swings in Research & Development: skyrocketed 74.11% in 2016 and later dropped 28.95% in 2020.
- Year by year, Research & Development stood at $32.5 million in 2016, then increased by 16.62% to $37.9 million in 2017, then grew by 4.29% to $39.6 million in 2018, then rose by 3.86% to $41.1 million in 2019, then dropped by 28.95% to $29.2 million in 2020.
- Business Quant data shows Research & Development for LC at $29.2 million in Q4 2020, $32.0 million in Q3 2020, and $39.2 million in Q2 2020.