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

Ready Capital's Research & Development history runs 9 years deep, the most recent figure standing at $2.2 million for 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 declined to $2.2 million in Q2 2024 per RC's latest filing, from $2.6 million in the prior quarter.
• Across five years, Research & Development topped out at $2.6 million in Q3 2022 and bottomed at -$871000.0 in Q4 2022.
• The 5-year median for Research & Development is $1.8 million (2020), against an average of $1.6 million.
• Across the five-year window, Research & Development sank 146.54% in 2021 and soared 163.95% in 2023, its largest moves.
• Year by year, Research & Development stood at $1.7 million in 2020, then sank by 146.54% to -$814000.0 in 2021, then dropped by 7.0% to -$871000.0 in 2022, then surged by 163.95% to $557000.0 in 2023, then surged by 300.72% to $2.2 million in 2024.
• Per Business Quant, the three latest RC Research & Development figures stand at $2.2 million (Q2 2024), $2.6 million (Q1 2024), and $557000.0 (Q4 2023).