Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Tennessee
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Tennessee.
#28 of 50 states-58.1% vs national avg
Average Revenue
$6.5M
per year
Businesses
104
in Tennessee
Revenue / Employee
$242K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.5
firms per 100K in TN
Total Revenue
$673.3M
all firms in TN
Total Employees
2,781
in TN
How Tennessee Compares
National Average$15.5M
Tennessee$6.5M
Difference$9.0M (-58.1%)