Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Washington
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Washington.
#24 of 50 states-47.3% vs national avg
Average Revenue
$8.2M
per year
Businesses
323
in Washington
Revenue / Employee
$245K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
4.2
firms per 100K in WA
Total Revenue
$2.6B
all firms in WA
Total Employees
10,752
in WA
How Washington Compares
National Average$15.5M
Washington$8.2M
Difference$7.3M (-47.3%)