Ready Capital (RC) Research & Development (2016 - 2024)

Ready Capital has reported Research & Development for 9 years, with the latest figure at $2.2 million in Q2 2024.

• On a quarterly basis, Research & Development rose 41.44% year-over-year to $2.2 million in Q2 2024; TTM through Jun 2024 was $8.0 million, a 65.05% increase from a year earlier, with the FY2023 full-year figure at $7.4 million, up 20.54% from the prior year.
• Research & Development was $2.2 million for Q2 2024 at Ready Capital, down from $2.6 million in the prior quarter.
• The five-year high for Research & Development was $2.6 million in Q3 2022, with the low at -$871000.0 in Q4 2022.
• Average Research & Development over 5 years is $1.6 million, with a median of $1.8 million recorded in 2020.
• The sharpest annual moves came in 2021 and 2023: Research & Development plunged 146.54% in 2021, then surged 163.95% in 2023.
• Over 5 years, Research & Development stood at $1.7 million in 2020, then slumped by 146.54% to -$814000.0 in 2021, then declined by 7.0% to -$871000.0 in 2022, then soared by 163.95% to $557000.0 in 2023, then soared by 300.72% to $2.2 million in 2024.
• The last three Research & Development figures came in at $2.2 million (Q2 2024), $2.6 million (Q1 2024), and $557000.0 (Q4 2023), per Business Quant data.