Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in California
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in California.
#13 of 50 states-4.6% vs national avg
Average Revenue
$14.7M
per year
Businesses
2,302
in California
Revenue / Employee
$380K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
5.8
firms per 100K in CA
Total Revenue
$33.9B
all firms in CA
Total Employees
89,348
in CA
How California Compares
National Average$15.5M
California$14.7M
Difference$718K (-4.6%)