KPIs & Operating Metrics(New)

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.

  • For Q4 2020, Research & Development fell 28.95% year-over-year to $29.2 million; the TTM value through Dec 2020 reached $139.0 million, down 17.42%, while the annual FY2020 figure was $139.0 million, 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.
  • Across five years, Research & Development topped out at $43.3 million in Q2 2019 and bottomed at $24.2 million in Q1 2016.
  • Average Research & Development over 5 years is $36.0 million, with a median of $37.2 million recorded in 2018.
  • Year-over-year, Research & Development soared 74.11% in 2016 and then fell 28.95% in 2020.
  • LendingClub's Research & Development stood at $32.5 million in 2016, then grew by 16.62% to $37.9 million in 2017, then rose by 4.29% to $39.6 million in 2018, then increased by 3.86% to $41.1 million in 2019, then fell by 28.95% to $29.2 million in 2020.
  • According to Business Quant data, Research & Development over the past three periods came in at $29.2 million, $32.0 million, and $39.2 million for Q4 2020, Q3 2020, and Q2 2020 respectively.