CompaniesRanked

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

Technology companies that spend the most on R&D — page 3

Ranks 201–300 of 477 · Fiscal year 2025 · Data as of September 25, 2026

R&D expense
#CompanyR&D expenseYoY15-year trend
201AppfolioAPPFUS$190M+18.7%
202Enphase EnergyENPHUS$189M−6.1%
203Fair IsaacFICOUS$188M+9.5%
204Lattice SemiconductorLSCCUS$188M+18.0%
205RambusRMBSUS$188M+15.2%
206Leidos HoldingsLDOSUS$187M+24.7%
207UpworkUPWKUS$186M−11.3%
208Zoominfo TechnologiesGTMUS$182M−7.2%
209Ribbon CommunicationsRBBNUS$179M−0.6%
210Doubleverify HoldingsDVUS$178M+16.6%
211MSCIMSCIUS$178M+11.9%
212Nebius GroupNBISNL$177M+54.4%
213VontierVNTUS$176M−1.1%
214Tempus AiTEMUS$173M+15.8%
215AppianAPPNUS$172M+5.4%
216UbiquitiUIUS$170M+6.2%
217BrazeBRZEUS$167M+24.8%
218Amkor TechnologyAMKRUS$167M+2.3%
219RalliantRALUS$165M+0.9%
220FreshworksFRSHUS$163M−0.8%
221Jack Henry & AssociatesJKHYUS$163M+9.8%
222FastlyFSLYUS$163M+17.9%
223Commvault SystemsCVLTUS$162M+10.9%
224DiodesDIODUS$162M+21.0%
225Digitalocean HoldingsDOCNUS$162M+13.4%
226CSG Systems InternationalCSGSUS$162M+2.1%
227Himax TechnologiesHIMXCN$161M+0.5%
228Netscout SystemsNTCTUS$159M+4.3%
229Payoneer GlobalPAYOUS$155M+15.4%
230NCR VoyixVYXUS$155M−1.3%
231Q2 HoldingsQTWOUS$154M+7.7%
232Indie SemiconductorINDIUS$154M−12.0%
233Five9FIVNUS$152M−8.3%
234AutohomeATHMCN$152M−15.8%
235Otis WorldwideOTISUS$152M0.0%
236NavanNAVNUS$151M+23.6%
237Kulicke & Soffa IndustriesKLICSG$150M−1.1%
238Liveramp HoldingsRAMPUS$148M−16.1%
239Taboola.comTBLAUS$148M+3.9%
240Universal DisplayOLEDUS$146M−7.1%
241Manhattan AssociatesMANHUS$145M+5.4%
242NovaNVMIIL$143M+30.1%
243Acuity Inc. (De)AYIUS$140M+37.0%
244Chargepoint HoldingsCHPTUS$139M−1.4%
245CognexCGNXUS$139M−0.6%
246CargurusCARGUS$138M−0.5%
247BlackbaudBLKBUS$138M−10.1%
248IntappINTAUS$138M+21.2%
249Nextdoor HoldingsNXDRUS$135M+5.7%
250XperiXPERUS$135M−29.4%
251Sensata TechnologiesSTGB$134M−21.0%
252BandwidthBANDUS$133M+11.7%
253Onto InnovationONTOUS$132M+15.9%
254DoximityDOCSUS$131M+40.5%
255Life360LIFUS$128M+13.6%
256Jinkosolar HoldingJKSCN$128M+1.7%
257NcinoNCNOUS$128M−1.5%
258PagerdutyPDUS$127M−10.3%
259Full Truck AllianceYMMCN$125M+3.7%
260ZiprecruiterZIPUS$125M−7.6%
261Ecarx HoldingsECXCN$123M−29.5%
262Global-E OnlineGLBEIL$123M+16.4%
263Vishay IntertechnologyVSHUS$122M+1.9%
264Cognyte SoftwareCGNTIL$122M+13.0%
265CourseraCOURUS$122M−7.9%
266PhreesiaPHRUS$121M+3.5%
267Goodrx HoldingsGDRXUS$121M−2.2%
268NextpowerNXTUS$121M+52.3%
269SitimeSITMUS$119M+11.3%
270Alkami TechnologyALKTUS$118M+23.1%
271CelesticaCLSCA$118M+51.5%
272Ipg PhotonicsIPGPUS$117M+6.9%
273QualysQLYSUS$117M+4.9%
274Zeta GlobalZETAUS$117M+29.2%
275Kingsoft CloudKCCN$116M−0.0%
276FormfactorFORMUS$116M−5.1%
277Cellebrite DiCLBTIL$114M+15.7%
278BlackberryBBCA$114M+4.4%
2798x8EGHTUS$113M−8.3%
280BlacklineBLUS$109M+8.1%
281Planet Labs PBCPLUS$107M+5.7%
282Descartes SystemsDSGXCA$105M+10.3%
283VerisignVRSNUS$104M+7.1%
284ImpinjPIUS$103M+3.8%
285First AdvantageFAUS$102M+59.6%
286Sprout SocialSPTUS$101M−1.5%
287Power IntegrationsPOWIUS$101M+0.3%
288N-AbleNABLUS$101M+11.0%
289Soundhound AiSOUNUS$98.3M+39.3%
290CerenceCRNCUS$97.8M−19.6%
291AmplitudeAMPLUS$97.6M+0.0%
292Pacific Biosciences of CaliforniaPACBUS$97.3M−27.9%
293Semrush HoldingsSEMRUS$97.2M+21.3%
294SprinklrCXMUS$96.0M+4.8%
295NovantaNOVTUS$95.5M−0.0%
296Alpha & Omega SemiconductorAOSLUS$94.3M+4.8%
297Via TransportationVIAUS$92.4M+3.8%
298CohuCOHUUS$92.2M+8.7%
299Varex ImagingVREXUS$91.1M+4.7%
300Canadian SolarCSIQCA$90.7M−24.9%

All figures from SEC filings · FY2025 · 100

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