Ready Capital Corp (RCD) Research & Development (2016 - 2024)
Ready Capital (RCD) posted quarterly Research & Development of $2.2 million for Q2 2024, up 41.44% year-over-year from $1.6 million in Q3 2023, and down 13.92% quarter-over-quarter from $2.6 million in Q1 2024.
Ready Capital Corp (RCD) Research & Development (2016 - 2024) Analysis & Trends
Ready Capital's Research & Development history runs 9 years deep, the most recent figure standing at $2.2 million for Q2 2024.
- In Q2 2024, Research & Development rose 41.44% year-over-year to $2.2 million; the TTM figure through Jun 2024 stood at $8.0 million (up 65.05% YoY), while the FY2023 annual figure was $7.4 million, up 20.54% from the prior year.
- Research & Development for Q2 2024 stood at $2.2 million, 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.
- The 5-year median for Research & Development is $1.8 million (2020), against an average of $1.6 million.
- The sharpest annual moves came in 2021 and 2023: Research & Development plunged 146.54% in 2021, then soared 163.95% in 2023.
- Ready Capital's Research & Development stood at $1.7 million in 2020, then slumped by 146.54% to -$814000.0 in 2021, then slipped by 7.0% to -$871000.0 in 2022, then jumped by 163.95% to $557000.0 in 2023, then jumped by 300.72% to $2.2 million in 2024.
- Business Quant data shows RCD's Research & Development at $2.2 million in Q2 2024, $2.6 million in Q1 2024, and $557000.0 in Q4 2023.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.23 Mn |
| Mar 31, 2024 | 2.59 Mn |
| Dec 31, 2023 | 557,000.00 |
| Sep 30, 2023 | 2.60 Mn |
| Jun 30, 2023 | 1.58 Mn |
| Mar 31, 2023 | 1.51 Mn |
| Dec 31, 2022 | -871,000.00 |
| Sep 30, 2022 | 2.62 Mn |
| Jun 30, 2022 | 2.38 Mn |
| Mar 31, 2022 | 2.04 Mn |
| Dec 31, 2021 | -814,000.00 |
| Sep 30, 2021 | 2.06 Mn |
| Jun 30, 2021 | 2.04 Mn |
| Mar 31, 2021 | 1.87 Mn |
| Dec 31, 2020 | 1.75 Mn |
| Sep 30, 2020 | 1.65 Mn |
| Jun 30, 2020 | 1.74 Mn |
| Mar 31, 2020 | 1.58 Mn |
| Dec 31, 2019 | 1.52 Mn |
| Sep 30, 2019 | 1.16 Mn |