Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Rhode Island
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Rhode Island.
#42 of 50 states-88.1% vs national avg
Average Revenue
$1.8M
per year
Businesses
37
in Rhode Island
Revenue / Employee
$190K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
3.4
firms per 100K in RI
Total Revenue
$68.2M
all firms in RI
Total Employees
359
in RI
How Rhode Island Compares
National Average$15.5M
Rhode Island$1.8M
Difference$13.6M (-88.1%)