LendingClub (LC) Research & Development (2010 - 2020)

LendingClub has disclosed Research & Development across 10 years of filings, most recently posting $29.2 million for Q4 2020.

• Research & Development for Q4 2020 came in at $29.2 million, down 28.95% year-over-year; the trailing twelve-month figure through Dec 2020 was $139.0 million (down 17.42% YoY), and the FY2020 annual result was $139.0 million, down 17.42% from the prior year.
• Research & Development came in at $29.2 million for Q4 2020 at 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.
• The 5-year median for Research & Development is $37.2 million (2018), against an average of $36.0 million.
• Across the five-year window, Research & Development surged 74.11% in 2016 and declined 28.95% in 2020, its largest moves.
• LendingClub's Research & Development stood at $32.5 million in 2016, then climbed by 16.62% to $37.9 million in 2017, then increased by 4.29% to $39.6 million in 2018, then grew by 3.86% to $41.1 million in 2019, then decreased by 28.95% to $29.2 million in 2020.
• The last three Research & Development figures came in at $29.2 million (Q4 2020), $32.0 million (Q3 2020), and $39.2 million (Q2 2020), per Business Quant data.