CompaniesRanked

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

Companies in the United States that spend the most on R&D — page 3

Ranks 201–300 of 1030 · Fiscal year 2025 · Data as of September 25, 2026

R&D expense
#CompanyR&D expenseYoY15-year trend
201Align TechnologyALGNUSHealthcare$370M+1.6%
202Hinge HealthHNGEUSTechnology$368M+265.1%
203SharkninjaSNUSConsumer discretionary$368M+7.8%
204Elanco Animal HealthELANUSHealthcare$368M+7.0%
205Colgate PalmoliveCLUSConsumer staples$366M+3.1%
206OrganonOGNUSHealthcare$366M−22.0%
207Guardant HealthGHUSHealthcare$364M+4.7%
208Procore TechnologiesPCORUSTechnology$362M+15.8%
209Lumentum HoldingsLITEUSTechnology$357M+17.3%
210Robinhood MarketsHOODUSFinancials$355M+9.9%
211Qnity ElectronicsQUSTechnology$354M+12.7%
212Silicon LaboratoriesSLABUSTechnology$353M+6.3%
213CoreWeaveCRWVUSTechnology$352M+528.6%
214SamsaraIOTUSTechnology$345M+15.0%
215Venture GlobalVGUSUtilities$344M−45.8%
216NovavaxNVAXUSHealthcare$342M−12.5%
217Bill HoldingsBILLUSTechnology$340M+1.0%
218ResmedRMDUSHealthcare$331M+7.7%
219EntegrisENTGUSMaterials$329M+4.1%
220Acadia PharmaceuticalsACADUSHealthcare$329M+8.4%
221Kimberly ClarkKMBUSMaterials$326M−0.6%
222SentineloneSUSTechnology$324M+21.3%
223Stanley Black & DeckerSWKUSIndustrials$321M−2.3%
224Teledyne TechnologiesTDYUSIndustrials$317M+8.4%
225RingcentralRNGUSTechnology$317M−3.7%
226Logitech InternationalLOGIUSTechnology$316M+2.3%
227Ideaya BiosciencesIDYAUSHealthcare$315M+6.8%
228Remitly GlobalRELYUSTechnology$314M+16.3%
229PegasystemsPEGAUSTechnology$313M+4.9%
230Bentley SystemsBSYUSTechnology$308M+9.4%
231DuolingoDUOLUSTechnology$306M+30.2%
232IonqIONQUSTechnology$306M+123.4%
233Astera LabsALABUSTechnology$304M+51.4%
234ServicetitanTTANUSTechnology$303M+15.0%
235Illinois Tool WorksITWUSIndustrials$302M+3.4%
236AsanaASANUSTechnology$301M−11.7%
237InsuletPODDUSHealthcare$301M+37.1%
238Factset Research SystemsFDSUSTechnology$301M+13.4%
239Iovance BiotherapeuticsIOVAUSHealthcare$300M+8.7%
240MKSMKSIUSTechnology$299M+10.3%
241YelpYELPUSConsumer discretionary$298M−4.1%
242Guidewire SoftwareGWREUSTechnology$296M+9.9%
243BoxBOXUSTechnology$295M+11.2%
244KlaviyoKVYOUSTechnology$291M+22.1%
245ArvinasARVNUSHealthcare$285M−18.1%
246Vistance NetworksVISNUSTechnology$284M+14.5%
247Paycom SoftwarePAYCUSTechnology$283M+16.8%
248TeradataTDCUSTechnology$280M−1.4%
249SonosSONOUSTechnology$280M−8.1%
250Teladoc HealthTDOCUSHealthcare$278M−9.6%
251Mcgraw HillMHUSCommunication services$276M−2.9%
252Bio-Rad LaboratoriesBIOUSTechnology$276M−6.9%
253GitlabGTLBUSTechnology$275M+14.6%
254Rocket LabRKLBUSIndustrials$271M+55.2%
255Alarm.com HoldingsALRMUSTechnology$270M+5.6%
256Las Vegas SandsLVSUSConsumer discretionary$269M+18.0%
257FMCFMCUSMaterials$266M−4.3%
258VeraltoVLTOUSTechnology$266M+5.1%
259New York TimesNYTUSCommunication services$264M+6.5%
260Sirius XMSIRIUSCommunication services$263M−11.1%
261Viavi SolutionsVIAVUSTechnology$263M+25.9%
262HealthequityHQYUSTechnology$263M+9.6%
263Dolby LaboratoriesDLBUSFinancials$262M−0.7%
264FortiveFTVUSTechnology$259M+3.1%
265Syndax PharmaceuticalsSNDXUSHealthcare$259M+7.1%
266Upstart HoldingsUPSTUSFinancials$258M+1.6%
267General MillsGISUSConsumer staples$256M−0.2%
268Eastman ChemicalEMNUSMaterials$255M+2.0%
269Corcept TherapeuticsCORTUSHealthcare$255M+3.2%
270Light & WonderLAWILUSTechnology$252M−3.8%
271Idexx LaboratoriesIDXXUSHealthcare$251M+14.3%
272Archer-Daniels-MidlandADMUSConsumer staples$246M−8.6%
273CompassCOMPUSReal estate$246M+30.2%
274Macom Technology SolutionsMTSIUSTechnology$244M+34.2%
275Ginkgo BioworksDNAUSHealthcare$244M−42.5%
276Generac HoldingsGNRCUSIndustrials$243M+10.9%
277Parker-HannifinPHUSIndustrials$240M−5.1%
278XencorXNCRUSHealthcare$239M+5.2%
27910x GenomicsTXGUSTechnology$239M−9.8%
280AmbarellaAMBAUSTechnology$239M+5.5%
281Varonis SystemsVRNSUSTechnology$238M+20.9%
282AmetekAMEUSTechnology$236M−0.2%
283Peloton InteractivePTONUSConsumer discretionary$234M−23.2%
284First SolarFSLRUSTechnology$233M+22.0%
285Advanced Energy IndustriesAEISUSTechnology$232M+9.7%
286C3.AiAIUSTechnology$229M+1.2%
287RegenxbioRGNXUSHealthcare$228M+9.5%
288CCC Intelligent SolutionsCCCUSTechnology$227M+12.9%
289MattelMATUSConsumer discretionary$227M+17.2%
290ApplovinAPPUSTechnology$227M−39.6%
291XylemXYLUSIndustrials$226M−1.7%
292Tenable HoldingsTENBUSTechnology$224M+23.1%
293Westinghouse Air Brake TechnologiesWABUSIndustrials$223M+8.3%
294SailpointSAILUSTechnology$223M+31.4%
295Extreme NetworksEXTRUSTechnology$221M+4.5%
296VisteonVCUSConsumer discretionary$220M+15.2%
297SymboticSYMUSIndustrials$216M+24.5%
298RevvityRVTYUSTechnology$216M+9.7%
299WorkivaWKUSTechnology$215M+11.4%
300Smithfield FoodsSFDUSConsumer staples$214M+48.6%

All figures from SEC filings · FY2025 · 100

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