CompaniesRanked

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

Companies that spend the most on research and development — page 6

Ranks 501–600 of 1270 · Fiscal year 2025 · Data as of September 25, 2026

R&D expense
#CompanyR&D expenseYoY15-year trend
501HappenHAPNUSFinancials$139M−17.4%
502CognexCGNXUSTechnology$139M−0.6%
503CargurusCARGUSTechnology$138M−0.5%
504BlackbaudBLKBUSTechnology$138M−10.1%
505Stoke TherapeuticsSTOKUSHealthcare$138M+54.7%
506IntappINTAUSTechnology$138M+21.2%
507Hyster-YaleHYUSIndustrials$137M+1.0%
508Avery DennisonAVYUSMaterials$137M−0.9%
509Lyondellbasell IndustriesLYBUSMaterials$136M+0.7%
510AnaptysbioANABUSHealthcare$136M−17.0%
511Nextdoor HoldingsNXDRUSTechnology$135M+5.7%
512XperiXPERUSTechnology$135M−29.4%
513Sensata TechnologiesSTGBTechnology$134M−21.0%
514BandwidthBANDUSTechnology$133M+11.7%
515NewmarketNEUUSMaterials$132M+5.8%
516AllegionALLEUSIndustrials$132M+17.1%
517Onto InnovationONTOUSTechnology$132M+15.9%
518DoximityDOCSUSTechnology$131M+40.5%
519Keros TherapeuticsKROSUSHealthcare$130M−25.3%
520Leonardo DRSDRSUSIndustrials$129M+40.2%
521BeldenBDCUSMaterials$129M+14.6%
522Life360LIFUSTechnology$128M+13.6%
523Jinkosolar HoldingJKSCNTechnology$128M+1.7%
524AerovironmentAVAVUSIndustrials$128M+26.8%
525NcinoNCNOUSTechnology$128M−1.5%
526PagerdutyPDUSTechnology$127M−10.3%
527GoproGPROUSConsumer discretionary$127M−31.8%
528Tyson FoodsTSNUSConsumer staples$126M+18.9%
529Karyopharm TherapeuticsKPTIUSHealthcare$126M−12.3%
530Full Truck AllianceYMMCNTechnology$125M+3.7%
531CelaneseCEUSMaterials$125M−3.8%
532ZiprecruiterZIPUSTechnology$125M−7.6%
533Opko HealthOPKUSHealthcare$124M+17.9%
534Ecarx HoldingsECXCNTechnology$123M−29.5%
535CotyCOTYUSConsumer staples$123M−3.0%
536Global-E OnlineGLBEILTechnology$123M+16.4%
537Vishay IntertechnologyVSHUSTechnology$122M+1.9%
538Cognyte SoftwareCGNTILTechnology$122M+13.0%
539CourseraCOURUSTechnology$122M−7.9%
540PhreesiaPHRUSTechnology$121M+3.5%
541Goodrx HoldingsGDRXUSTechnology$121M−2.2%
542CloroxCLXUSConsumer staples$121M−4.0%
543HeicoHEIUSIndustrials$121M+8.7%
544NextpowerNXTUSTechnology$121M+52.3%
545EnovisENOVUSHealthcare$120M+31.8%
546AmcorAMCRGBConsumer discretionary$120M+103.4%
547HuntsmanHUNUSMaterials$120M−0.8%
548Veeco InstrumentsVECOUSIndustrials$120M−3.9%
549SitimeSITMUSTechnology$119M+11.3%
550Alkami TechnologyALKTUSTechnology$118M+23.1%
551CelesticaCLSCATechnology$118M+51.5%
552TransDigm GroupTDGUSIndustrials$118M+10.3%
553Ipg PhotonicsIPGPUSTechnology$117M+6.9%
554Pacira BiosciencesPCRXUSHealthcare$117M+43.8%
555QualysQLYSUSTechnology$117M+4.9%
556Zeta GlobalZETAUSTechnology$117M+29.2%
557JBT MarelJBTMUSIndustrials$116M+456.5%
558Kingsoft CloudKCCNTechnology$116M−0.0%
559FormfactorFORMUSTechnology$116M−5.1%
560Ingersoll RandIRUSIndustrials$114M−2.0%
561Newell BrandsNWLUSMaterials$114M−7.3%
562Envista HoldingsNVSTUSHealthcare$114M+15.0%
563Hesai GroupHSAICNIndustrials$114M−2.8%
564Cellebrite DiCLBTILTechnology$114M+15.7%
565BlackberryBBCATechnology$114M+4.4%
5668x8EGHTUSTechnology$113M−8.3%
567SterisSTEIEHealthcare$113M+4.9%
568IttITTUSIndustrials$111M−4.7%
569Vanda PharmaceuticalsVNDAUSHealthcare$109M+46.8%
570BlacklineBLUSTechnology$109M+8.1%
571Johnson & JohnsonJNJUSHealthcare$109M−94.1%
572Axcelis TechnologiesACLSUSIndustrials$109M+3.3%
573ChemoursCCUSMaterials$108M−0.9%
574Weatherford InternationalWFRDUSEnergy$108M−12.2%
575LittelfuseLFUSUSIndustrials$107M−0.8%
576Myriad GeneticsMYGNUSHealthcare$107M−5.8%
577Planet Labs PBCPLUSTechnology$107M+5.7%
578Supernus PharmaceuticalsSUPNUSHealthcare$106M−2.4%
579McCormickMKCUSConsumer staples$106M+3.1%
580Descartes SystemsDSGXCATechnology$105M+10.3%
581AptargroupATRUSMaterials$105M+9.4%
582DanaDANUSConsumer discretionary$105M−42.9%
583PhiniaPHINUSConsumer discretionary$105M−6.3%
584VerisignVRSNUSTechnology$104M+7.1%
585Lennox InternationalLIIUSIndustrials$103M+10.5%
586Inspire Medical SystemsINSPUSHealthcare$103M−9.6%
587ImpinjPIUSTechnology$103M+3.8%
588First AdvantageFAUSTechnology$102M+59.6%
589Caris Life SciencesCAIUSHealthcare$102M−10.8%
590Sprout SocialSPTUSTechnology$101M−1.5%
591Power IntegrationsPOWIUSTechnology$101M+0.3%
592N-AbleNABLUSTechnology$101M+11.0%
593Pharming GroupPHARNLHealthcare$100M+20.7%
594MillerknollMLKNUSIndustrials$100M+6.9%
595Up FintechTIGRCNFinancials$100M+24.8%
596Campbell'sCPBUSConsumer staples$100M−2.0%
597Bio-TechneTECHUSHealthcare$99.5M+2.9%
598Magnum Ice CreamMICCNLConsumer staples$99.4M−0.1%
599AtricureATRCUSHealthcare$99.2M+3.2%
600Integra LifesciencesIARTUSHealthcare$99.0M−14.2%

All figures from SEC filings · FY2025 · 100

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