CompaniesRanked

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

Companies in the United States that spend the most on R&D — page 9

Ranks 801–900 of 1030 · Fiscal year 2025 · Data as of September 25, 2026

R&D expense
#CompanyR&D expenseYoY15-year trend
801RedwireRDWUSIndustrials$19.8M+222.5%
802Iridium CommunicationsIRDMUSCommunication services$19.8M−30.5%
803Inspired EntertainmentINSEUSTechnology$19.4M−14.5%
804InogenINGNUSHealthcare$19.4M−10.2%
805CormedixCRMDUSHealthcare$19.3M+390.4%
806Helios TechnologiesHLIOUSIndustrials$19.1M−5.0%
807Graphic PackagingGPKUSMaterials$19.0M+11.8%
808Voyager TechnologiesVOYGUSIndustrials$19.0M+46.2%
809Lamb WestonLWUSConsumer staples$18.9M−14.1%
810HolleyHLLYUSConsumer discretionary$18.8M+0.6%
811LantronixLTRXUSTechnology$18.6M−8.3%
812BalchemBCPCUSMaterials$18.5M+10.2%
813NeogenNEOGUSHealthcare$18.4M−12.8%
814PowerfleetAIOTUSTechnology$18.4M+14.3%
815Titan InternationalTWIUSMaterials$18.3M+10.9%
816Power Solutions InternationalPSIXUSIndustrials$18.2M−9.4%
817LindsayLNNUSIndustrials$17.9M+4.7%
818Pilgrims PridePPCUSConsumer staples$17.9M+44.4%
819Jefferies FinancialJEFUSFinancials$17.6M−20.6%
820Kimball ElectronicsKEUSTechnology$17.5M−4.4%
821Si-BoneSIBNUSHealthcare$17.4M+5.4%
822Comtech TelecommunicationsCMTLUSTechnology$17.4M−27.7%
823Maravai LifesciencesMRVIUSHealthcare$17.4M−9.5%
824CryoportCYRXUSHealthcare$17.0M−3.8%
825ValhiVHIUSMaterials$17.0M+21.4%
826Centrus EnergyLEUUSMaterials$16.9M−1.7%
827Turtle BeachTBCHUSTechnology$16.9M−2.4%
828Dorman ProductsDORMUSConsumer discretionary$16.8M+6.3%
829Bigbear.Ai HoldingsBBAIUSTechnology$16.8M+54.2%
830Matthews InternationalMATWUSMaterials$16.7M+4.8%
831StrideLRNUSConsumer discretionary$16.6M−0.6%
832Compass DiversifiedCODIUSIndustrials$16.6M−1.8%
833Armstrong World IndustriesAWIUSMaterials$16.4M+4.5%
834Zurn Elkay Water SolutionsZWSUSIndustrials$16.2M−0.6%
835InterfaceTILEUSConsumer discretionary$16.1M+6.6%
836Cheniere EnergyLNGUSUtilities$16.0M+128.6%
837Bellring BrandsBRBRUSConsumer staples$16.0M+11.9%
838Kronos WorldwideKROUSMaterials$16.0M+14.3%
839PhotronicsPLABUSTechnology$15.8M−4.7%
840American SuperconductorAMSCUSIndustrials$15.7M+37.8%
841Angel StudiosANGXUSCommunication services$15.5M+20.9%
842Evolent HealthEVHUSIndustrials$15.5M+2.6%
843Pitney BowesPBIUSTechnology$15.3M−52.2%
844KadantKAIUSIndustrials$15.3M+6.6%
845Blue BirdBLBDUSConsumer discretionary$15.2M+61.7%
846Mimedx GroupMDXGUSHealthcare$15.1M+22.3%
847Tronox HoldingsTROXUSMaterials$15.0M+7.1%
848ValvolineVVVUSEnergy$15.0M+15.4%
849Opal FuelsOPALUSUtilities$14.9M−21.8%
850Energy VaultNRGVUSTechnology$14.6M−43.7%
851Skywater TechnologySKYTUSTechnology$14.6M−2.8%
852Packaging Corp of AmericaPKGUSMaterials$14.5M−6.5%
853Enerpac ToolEPACUSIndustrials$14.5M+16.9%
854Motorcar Parts of AmericaMPAAUSConsumer discretionary$14.2M+24.5%
855Lemaitre VascularLMATUSHealthcare$14.1M−9.7%
856BWX TechnologiesBWXTUSIndustrials$13.9M+85.4%
857EhealthEHTHUSFinancials$13.8M+11.3%
858DocgoDCGOUSHealthcare$13.6M+17.0%
859Aspen AerogelsASPNUSIndustrials$13.4M−25.7%
860EnproNPOUSMaterials$13.3M+22.0%
861Hamilton Beach BrandsHBBUSConsumer discretionary$13.2M−3.6%
862Loar HoldingsLOARUSIndustrials$13.1M+48.9%
863Energy RecoveryERIIUSIndustrials$13.0M−19.7%
864Science Applications InternationalSAICUSTechnology$13.0M+8.3%
865Accendra HealthACHUSIndustrials$13.0M0.0%
866Dhi GroupDHXUSTechnology$12.8M−32.0%
867Mynd.AiMYNDUSTechnology$12.8M−49.2%
868Catalyst PharmaceuticalsCPRXUSHealthcare$12.7M+0.5%
869Napco Security TechnologiesNSSCUSTechnology$12.6M+16.9%
870Heron TherapeuticsHRTXUSHealthcare$12.4M−25.5%
871TraegerCOOKUSConsumer discretionary$12.4M−18.4%
872Spok HoldingsSPOKUSCommunication services$12.2M+4.5%
873EvgoEVGOUSConsumer discretionary$12.2M+5.2%
874BioventusBVSUSHealthcare$12.1M−13.2%
875ClarusCLARUSConsumer discretionary$11.9M−2.0%
876FluentFLNTUSCommunication services$11.8M−31.5%
877Core ScientificCORZUSFinancials$11.8M+64.7%
878Simpson ManufacturingSSDUSIndustrials$11.5M−44.4%
879Cadre HoldingsCDREUSHealthcare$11.4M+36.0%
880Apogee EnterprisesAPOGUSMaterials$11.2M−61.4%
881Powell IndustriesPOWLUSIndustrials$11.0M+16.8%
882TechtargetTTGTUSCommunication services$10.8M−5.1%
883Gigacloud TechnologyGCTUSConsumer discretionary$10.8M+10.6%
884La-Z-BoyLZBUSIndustrials$10.8M+9.1%
885Nu Skin EnterprisesNUSUSHealthcare$10.8M−16.9%
886BuzzfeedBZFDUSCommunication services$10.8M−0.6%
887Kaiser AluminumKALUUSMaterials$10.7M−10.8%
888Usana Health SciencesUSNAUSHealthcare$10.7M−7.6%
889UltralifeULBIUSTechnology$10.4M+25.8%
890Smith & Wesson BrandsSWBIUSIndustrials$10.3M+7.7%
891Array TechnologiesARRYUSTechnology$9.9M+47.8%
892TrupanionTRUPUSHealthcare$9.9M+102.5%
893Nacco IndustriesNCUSEnergy$9.7M+1.0%
894Purple InnovationPRPLUSIndustrials$9.6M−25.9%
895EvolusEOLSUSHealthcare$9.6M+4.4%
896TalkspaceTALKUSHealthcare$9.5M−7.2%
897ProgynyPGNYUSHealthcare$9.5M—
898Tigo EnergyTYGOUSTechnology$9.2M−6.2%
899OrthopediatricsKIDSUSHealthcare$9.1M−17.5%
900Koppers HoldingsKOPUSIndustrials$9.0M+36.4%

All figures from SEC filings · FY2025 · 100

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