Testing Laboratories in Virginia
Revenue benchmarks for testing laboratories businesses operating in Virginia.
#22 of 50 states-37.4% vs national avg
Average Revenue
$2.5M
per year
Businesses
130
in Virginia
Revenue / Employee
$129K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.5
firms per 100K in VA
Total Revenue
$326.7M
all firms in VA
Total Employees
2,529
in VA
How Virginia Compares
National Average$4.0M
Virginia$2.5M
Difference$1.5M (-37.4%)