Lufax Holding (LU) Research & Development (2019 - 2026)

Lufax Holding (LU) has reported Research & Development for 6 consecutive years, with -$163.5 million the latest figure, recorded in Q3 2024.

• In Q3 2024, Research & Development rose 47.91% year-over-year to -$163.5 million; the TTM figure through Sep 2024 stood at -$845.2 million (up 48.55% YoY), while the FY2023 annual figure was -$1.4 billion, up 39.16% from the prior year.
• Research & Development grew to -$163.5 million in Q3 2024 per LU's latest filing, from -$188.7 million in the prior quarter.
• Across five years, Research & Development topped out at -$163.5 million in Q3 2024 and bottomed at -$758.7 million in Q4 2021.
• Historically, Research & Development has averaged -$509.8 million across 5 years, with a median of -$572.3 million in 2022.
• Annual changes were most pronounced in 2020 — Research & Development slumped 30.18% — and 2024, when it surged 52.35%.
• Lufax Holding's Research & Development stood at -$748.6 million in 2020, then slipped by 1.35% to -$758.7 million in 2021, then grew by 29.17% to -$537.4 million in 2022, then surged by 47.4% to -$282.7 million in 2023, then soared by 42.15% to -$163.5 million in 2024.
• Business Quant data shows LU's Research & Development at -$163.5 million in Q3 2024, -$188.7 million in Q2 2024, and -$210.3 million in Q1 2024.