CompaniesRanked

2874 companies · fiscal year 2025 · SEC EDGAR · September 25, 2026

Companies in the United States that spend the most on R&D — page 8

Ranks 701–800 of 1030 · Fiscal year 2025 · Data as of September 25, 2026

R&D expense
#CompanyR&D expenseYoY15-year trend
701Upland SoftwareUPLDUSTechnology$36.5M−22.9%
702Cytek BiosciencesCTKBUSTechnology$36.5M−7.4%
703SunrunRUNUSIndustrials$36.1M−8.1%
704QuanterixQTRXUSTechnology$35.9M+15.6%
705WebullBULLUSFinancials$35.5M+8.6%
706StemSTEMUSTechnology$35.3M−31.2%
707Mitek SystemsMITKUSTechnology$35.3M+1.9%
708Hormel FoodsHRLUSConsumer staples$35.2M−2.5%
709Scotts Miracle-GroSMGUSMaterials$34.8M+0.6%
710StepanSCLUSConsumer staples$34.8M+3.7%
711Definitive HealthcareDHUSTechnology$34.8M−4.8%
712RBC BearingsRBCUSIndustrials$34.4M+4.2%
713OnespanOSPNUSTechnology$34.2M+5.3%
714Helmerich & PayneHPUSEnergy$34.1M−16.7%
715Microvast HoldingsMVSTUSTechnology$34.1M−16.9%
716Fuelcell EnergyFCELUSIndustrials$34.1M−38.5%
717Sleep NumberSNBRQUSIndustrials$33.9M−25.0%
718QuinstreetQNSTUSTechnology$33.9M+12.7%
719PubmaticPUBMUSTechnology$33.8M+1.7%
720Optimum CommunicationsOPTUUSCommunication services$33.4M+50.0%
721Rigel PharmaceuticalsRIGLUSHealthcare$33.3M+42.4%
722Crown HoldingsCCKUSIndustrials$33.0M+3.1%
723Valmont IndustriesVMIUSIndustrials$33.0M−44.1%
724Eastman KodakKODKUSConsumer discretionary$33.0M0.0%
725On24ONTFUSTechnology$33.0M−9.0%
726Somnigroup InternationalSGIUSIndustrials$32.9M+6.8%
727AxogenAXGNUSHealthcare$32.9M+18.4%
728Blend LabsBLNDUSTechnology$32.8M−28.7%
729Phathom PharmaceuticalsPHATUSHealthcare$32.8M−3.8%
730Energizer HoldingsENRUSTechnology$32.6M+3.2%
731Johnson OutdoorsJOUTUSConsumer discretionary$32.2M+3.5%
732ThredupTDUPUSConsumer discretionary$32.1M+2.6%
733Ultra CleanUCTTUSTechnology$32.0M+13.1%
734Post HoldingsPOSTUSConsumer staples$31.9M+10.0%
735EverquoteEVERUSTechnology$31.5M+6.6%
736Xeris BiopharmaXERSUSHealthcare$31.2M+21.9%
737SanminaSANMUSTechnology$31.1M+9.0%
738ArtivionAORTUSHealthcare$31.0M+8.9%
739Bel FuseBELFAUSTechnology$30.9M+30.9%
740InnovivaINVAUSHealthcare$30.6M+124.1%
741AzentaAZTAUSIndustrials$30.4M−3.6%
742ComscoreSCORUSTechnology$30.2M−8.7%
743Mara HoldingsMARAUSFinancials$30.1M+127.7%
744Alliance LaundryALHUSIndustrials$29.7M+30.3%
745CrocsCROXUSConsumer discretionary$29.6M+15.6%
746AngiodynamicsANGOUSHealthcare$29.4M+12.3%
747Modine ManufacturingMODUSConsumer discretionary$29.3M−16.0%
748ArcbestARCBUSIndustrials$29.1M−14.7%
749TTM TechnologiesTTMIUSTechnology$29.0M−9.0%
750T1 EnergyTEUSTechnology$28.5M+109.6%
751IngevityNGVTUSMaterials$28.4M+15.9%
752WM TechnologyMAPSUSTechnology$28.1M−22.8%
753RogersROGUSMaterials$28.1M−18.8%
754Yum BrandsYUMUSConsumer discretionary$28.0M−6.7%
755Better Home & FinanceBETRUSFinancials$27.9M+6.8%
756VericelVCELUSHealthcare$27.6M+11.2%
757OrionOECUSMaterials$27.5M+1.5%
758Hayward HoldingsHAYWUSIndustrials$27.2M+5.5%
759Consolidated EdisonEDUSUtilities$27.0M+8.0%
760Astec IndustriesASTEUSIndustrials$26.9M+13.0%
761Universal ElectronicsUEICUSTechnology$26.3M−11.6%
762SmartrentSMRTUSTechnology$26.2M−10.7%
763Carpenter TechnologyCRSUSMaterials$26.1M+2.0%
764JabilJBLUSTechnology$26.0M−33.3%
765Huntington Ingalls IndustriesHIIUSIndustrials$26.0M−3.7%
766MaterionMTRNUSIndustrials$25.9M−10.6%
767CTSCTSUSTechnology$25.3M+8.0%
768Yeti HoldingsYETIUSConsumer discretionary$25.2M+19.4%
769UnisysUISUSTechnology$24.6M−2.4%
770AlcoaAAUSMaterials$24.0M−57.9%
771Phibro Animal HealthPAHCUSHealthcare$23.7M−18.7%
772Grid DynamicsGDYNUSTechnology$23.7M+29.0%
773Mativ HoldingsMATVUSMaterials$23.6M+2.6%
774QuantumQMCOUSTechnology$23.5M−24.5%
775Avanos MedicalAVNSUSHealthcare$23.3M−11.1%
776Beyond MeatBYNDUSConsumer staples$23.2M−17.5%
777Spectrum BrandsSPBUSTechnology$23.2M−17.4%
778American VanguardAVDUSMaterials$23.2M−29.1%
779Ichor HoldingsICHRUSTechnology$23.1M+0.3%
780Esco TechnologiesESEUSTechnology$23.0M+91.7%
781Minerals TechnologiesMTXUSMaterials$22.9M−0.4%
782Acco BrandsACCOUSCommunication services$22.0M−4.3%
783Strattec SecuritySTRTUSConsumer discretionary$21.8M+0.5%
784Badger MeterBMIUSTechnology$21.6M+12.5%
785Sonoco ProductsSONUSMaterials$21.5M−6.5%
786Columbus MckinnonCMCOUSIndustrials$21.4M−10.3%
787MediaalphaMAXUSTechnology$21.4M+8.3%
788AtiATIUSMaterials$21.3M+8.7%
789Fuller H BFULUSMaterials$21.2M−13.5%
790Standex InternationalSXIUSIndustrials$21.2M+3.4%
791HarrowHROWUSHealthcare$20.9M+71.2%
792Vishay PrecisionVPGUSTechnology$20.8M+4.3%
793ExpensifyEXFYUSTechnology$20.7M−16.1%
794Evolv TechnologiesEVLVUSTechnology$20.6M−12.1%
795Mesa LaboratoriesMLABUSTechnology$20.3M+4.0%
796Treace Medical ConceptsTMCIUSHealthcare$20.3M−1.5%
797MagneraMAGNUSMaterials$20.0M+53.8%
798Franklin ElectricFELEUSIndustrials$20.0M−7.0%
799Mueller Water ProductsMWAUSIndustrials$19.9M−2.9%
800InseegoINSGUSTechnology$19.8M−3.9%

All figures from SEC filings · FY2025 · 100

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