CompaniesRanked

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

Technology companies that spend the most on R&D — page 4

Ranks 301–400 of 477 · Fiscal year 2025 · Data as of September 25, 2026

R&D expense
#CompanyR&D expenseYoY15-year trend
301Fiverr InternationalFVRRIL$90.7M+0.5%
302Aci WorldwideACIWUS$90.2M—
303YextYEXTUS$89.9M+16.4%
304TuyaTUYACN$89.7M−5.6%
305ShutterstockSSTKUS$89.0M+0.7%
306OmnicellOMCLUS$88.7M−1.9%
307Diebold NixdorfDBDUS$86.7M−7.4%
308Tower SemiconductorTSEMIL$86.5M+8.9%
309Fluence EnergyFLNCUS$86.2M+30.2%
310NetgearNTGRUS$85.7M+5.7%
311Applied OptoelectronicsAAOIUS$85.5M+55.6%
312MagniteMGNIUS$84.7M−11.1%
313VertexVERXUS$83.7M+25.6%
314Par TechnologyPARUS$81.8M+21.6%
315XunleiXNETCN$80.0M+11.8%
316Penguin SolutionsPENGUS$79.8M−2.1%
317EvercommerceEVCMUS$79.0M+3.7%
318RadwareRDWRIL$79.0M+5.7%
319VicorVICRUS$78.6M+14.0%
320FlexFLEXUS$78.2M+19.2%
321StratasysSSYSUS$77.3M−22.0%
322Huckleberry.AiDOMOUS$77.2M−12.2%
323HarmonicHLITUS$76.3M+5.2%
324ZhihuZHCN$75.1M−25.2%
325Osi SystemsOSISUS$73.4M+12.5%
326Commerce.comCMRCUS$73.0M−9.7%
327American WellAMWLUS$72.9M−15.3%
328AgilysysAGYSUS$72.7M+16.6%
329SimilarwebSMWBIL$72.6M+30.6%
330Clear SecureYOUUS$72.4M−1.3%
331HuyaHUYACN$71.0M+1.1%
332Trinet GroupTNETUS$71.0M+4.4%
333FlywireFLYWUS$70.2M+5.4%
334NCR AtleosNATLUS$70.0M+12.9%
335RiskifiedRSKDUS$69.4M+2.0%
336Corsair GamingCRSRUS$69.1M+2.4%
337A10 NetworksATENUS$69.1M+19.7%
338SPS CommerceSPSCUS$68.7M+9.3%
339NerdwalletNRDSUS$66.7M−19.2%
3403d SystemsDDDUS$65.0M−24.8%
341PDF SolutionsPDFSUS$64.2M+19.9%
342VtexVTEXKY$63.9M+15.3%
343Digi InternationalDGIIUS$63.7M+5.6%
344Paymentus HoldingsPAYUS$61.5M+19.8%
345OperaOPRANO$59.5M+9.4%
346PlaystudiosMYPSUS$58.4M−13.8%
347Nexxen InternationalNEXNIL$58.1M+16.1%
348Kyndryl HoldingsKDUS$57.0M+16.3%
349CS DiscoLAWUS$56.6M+9.9%
350SkillsoftSKILUS$55.6M−8.4%
351AgoraAPIUS$55.5M−31.0%
352LivepersonLPSNUS$54.7M−31.4%
353Waystar HoldingWAYUS$54.6M+12.0%
354Sportradar GroupSRADCH$53.6M+23.6%
355AudiocodesAUDCIL$52.6M+0.9%
356AvepointAVPTUS$52.6M+8.0%
357HealthstreamHSTMUS$51.0M+4.3%
358OomaOOMAUS$50.3M−7.4%
359DoceboDCBOCA$50.1M+14.1%
360Health CatalystHCATUS$49.8M−14.1%
361GrindrGRNDUS$48.9M+49.1%
362CamtekCAMTIL$48.3M+26.3%
363NlightLASRUS$48.0M+6.4%
364XometryXMTRUS$46.8M+19.0%
365Gilat Satellite NetworksGILTUS$46.7M+22.3%
366BackblazeBLZEUS$46.1M+9.5%
367KalturaKLTRUS$46.0M−7.0%
368Zepp HealthZEPPCN$45.3M−1.8%
369Weave CommunicationsWEAVUS$44.5M+10.5%
370Teads HoldingTEADUS$43.6M+17.7%
371CertaraCERTUS$41.0M+10.6%
372Verisk AnalyticsVRSKUS$40.9M+15.9%
373KnowlesKNUS$40.2M+1.8%
374CardlyticsCDLXUS$39.8M−19.8%
375Rackspace TechnologyRXTUS$39.1M−13.9%
376Mirion TechnologiesMIRUS$38.9M+11.1%
377Methode ElectronicsMEIUS$37.5M−10.3%
378Upland SoftwareUPLDUS$36.5M−22.9%
379Cytek BiosciencesCTKBUS$36.5M−7.4%
380QuanterixQTRXUS$35.9M+15.6%
381StemSTEMUS$35.3M−31.2%
382Mitek SystemsMITKUS$35.3M+1.9%
383Definitive HealthcareDHUS$34.8M−4.8%
384Perion NetworkPERIIL$34.7M−5.5%
385Sound GroupSOGPSG$34.4M+7.8%
386Yalla GroupYALAAE$34.3M+18.0%
387OnespanOSPNUS$34.2M+5.3%
388Microvast HoldingsMVSTUS$34.1M−16.9%
389QuinstreetQNSTUS$33.9M+12.7%
390PubmaticPUBMUS$33.8M+1.7%
391On24ONTFUS$33.0M−9.0%
392Cambium NetworksCMBMFKY$32.9M−16.4%
393Blend LabsBLNDUS$32.8M−28.7%
394Energizer HoldingsENRUS$32.6M+3.2%
395Ultra CleanUCTTUS$32.0M+13.1%
396EverquoteEVERUS$31.5M+6.6%
397SanminaSANMUS$31.1M+9.0%
398Bel FuseBELFAUS$30.9M+30.9%
399DlocalDLOUY$30.7M+19.8%
400Ceragon NetworksCRNTIL$30.4M−12.9%

All figures from SEC filings · FY2025 · 100

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