Quick Answer
LendingClub Corp reported R&D Expense of $139.05 million for fiscal year 2020.
LendingClub Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2020 | $139.05M | -17.4% |
| 2019 | $168.38M | +8.5% |
| 2018 | $155.25M | +9.1% |
| 2017 | $142.26M | +23.3% |
| 2016 | $115.36M | +49.7% |
| 2015 | $77.06M | +100.1% |
| 2014 | $38.52M | +148.1% |
| 2013 | $15.53M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2020 | $31.98M | -22.8% | -18.3% |
| June 30, 2020 | $39.17M | -9.5% | +1.2% |
| March 31, 2020 | $38.71M | -9.0% | -6.6% |
| September 30, 2019 | $41.45M | +0.6% | -4.3% |
| June 30, 2019 | $43.30M | +15.0% | +1.8% |
| March 31, 2019 | $42.55M | +15.5% | +3.2% |
| September 30, 2018 | $41.22M | +25.4% | +9.5% |
| June 30, 2018 | $37.65M | +5.4% | +2.2% |
- LendingClub Corp showed a decrease of -17.4% in R&D Expense compared to the prior fiscal year.
- Over the 2013–2020 period, LendingClub Corp’s r&d expense has grown by 795.5% (from $15.53 million to $139.05 million).
- The most recent figure is from LendingClub Corp’s fiscal year 2020 report (Form 10-K), filed with the SEC on March 11, 2021.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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