Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) Revenue Benchmarks
How much does the average research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$15.5M
per year
Profit Margin
22.0%
industry average
Revenue / Employee
$291K
per year
Total Businesses
9,824
in the US
Est. Owner Income
$3.4M
small business avg
Labor Cost
50.0%
of revenue
Avg Employee Wage
$154K
per year (BLS)
Market Saturation
3.0
firms per 100K people
💰 Average Revenue by Business Size
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
12.91%
openings/year
Closure Rate
10.65%
closings/year
Net Job Growth
+4.13%
annual
Businesses Closed
1,574
in 2023
Firm Count Trend
💡 Should You Start a Research and Development in the Physical, Engineering, and Life Sciences Business?
Startup Cost
$10K – $75K
Break-Even
0 months
5-Year Survival Rate
60.0%
🆚 Related Industries
Compare Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) revenue with other industries: