Research and Development in Nanotechnology in Virginia
Revenue benchmarks for research and development in nanotechnology businesses operating in Virginia.
#6 of 50 states+31.9% vs national avg
Average Revenue
$42.6M
per year
Businesses
56
in Virginia
Revenue / Employee
$256K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.6
firms per 100K in VA
Total Revenue
$2.4B
all firms in VA
Total Employees
9,324
in VA
How Virginia Compares
National Average$32.3M
Virginia$42.6M
Difference+$10.3M (+31.9%)