Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Arizona
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Arizona.
#8 of 50 states+16.1% vs national avg
Average Revenue
$18.0M
per year
Businesses
199
in Arizona
Revenue / Employee
$338K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.8
firms per 100K in AZ
Total Revenue
$3.6B
all firms in AZ
Total Employees
10,587
in AZ
How Arizona Compares
National Average$15.5M
Arizona$18.0M
Difference+$2.5M (+16.1%)