Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Pennsylvania
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Pennsylvania.
#25 of 50 states-49.2% vs national avg
Average Revenue
$7.9M
per year
Businesses
431
in Pennsylvania
Revenue / Employee
$244K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
3.3
firms per 100K in PA
Total Revenue
$3.4B
all firms in PA
Total Employees
13,883
in PA
How Pennsylvania Compares
National Average$15.5M
Pennsylvania$7.9M
Difference$7.6M (-49.2%)