Arizona State University research and development spending, FY2024
- Tempe, AZ
- R1
- Public
- Standard form filer
Arizona State University in FY2024
$1.0 billion
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #37 of 925
- Change on FY2023
- up 11.0%
- Rank change
- held
Arizona State University reported $1.0 billion of research and development spending in FY2024, ranking #37 of the 925 institutions in the survey. That is up 11.0% on FY2023's $903.8 million; its national rank was unchanged. Federal government is its largest funding source at 39.5% ($396.4 million), followed by institution funds at 33.6%. Its largest field of research is engineering, $277.3 million or 27.6% of the total.
Over time
Research spending, FY2010 to FY2024
Standard-form totals FY2010 onwards as revised by NCSES in the newest release; rank is within that series.
Year-by-year figures
| Fiscal year | R&D expenditure | Rank in series |
|---|---|---|
| FY2010 | $329.3 million | 61 |
| FY2011 | $355.2 million | 59 |
| FY2012 | $386.0 million | 55 |
| FY2013 | $405.2 million | 50 |
| FY2014 | $426.7 million | 48 |
| FY2015 | $458.4 million | 47 |
| FY2016 | $518.2 million | 43 |
| FY2017 | $545.0 million | 43 |
| FY2018 | $617.7 million | 41 |
| FY2019 | $639.6 million | 43 |
| FY2020 | $673.4 million | 43 |
| FY2021 | $677.3 million | 42 |
| FY2022 | $797.2 million | 38 |
| FY2023 | $903.8 million | 37 |
| FY2024 | $1.0 billion | 37 |
FY2024 breakdown
Where the money came from, and what it paid for
FY2024 funding sources and research fields
Funding sources
The 6 NSF funding sources Arizona State University reported in FY2024, largest first. Shares are of its own FY2024 total, and the rank is national within that source.
| Source | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Federal government | $396.4 million | 39.5% | +16.3% | 51 |
| Institution funds | $337.1 million | 33.6% | +8.5% | 19 |
| Nonprofit organizations | $112.8 million | 11.2% | +13.1% | 14 |
| State and local government | $108.3 million | 10.8% | +6.0% | 10 |
| All other sources | $25.9 million | 2.6% | +0.7% | 35 |
| Business | $22.8 million | 2.3% | −7.7% | 75 |
| All sources | $1.0 billion | 100.0% | +11.0% | 37 |
Fields of research
The 10 NSF research fields Arizona State University reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Engineering | $277.3 million | 27.6% | +4.6% | 14 |
| Non-S&E | $195.6 million | 19.5% | +19.8% | 1 |
| Life sciences | $193.0 million | 19.2% | +7.6% | 91 |
| Social sciences | $104.5 million | 10.4% | +12.3% | 4 |
| Geosciences, atmospheric sciences, and ocean sciences | $85.1 million | 8.5% | +42.2% | 12 |
| Physical sciences | $50.4 million | 5.0% | −15.0% | 40 |
| Computer and information sciences | $47.7 million | 4.8% | +43.4% | 11 |
| Other sciences | $28.8 million | 2.9% | −5.7% | 9 |
| Psychology | $18.2 million | 1.8% | +4.6% | 23 |
| Mathematics and statistics | $2.8 million | 0.3% | +1.2% | 93 |
Neighbours
Ranked around Arizona State University
Institutions ranked immediately above and below
The five institutions ranked above Arizona State University and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 32 | University of California, Berkeley | $1.1B |
| 33 | Massachusetts Institute of Technology | $1.1B |
| 34 | Icahn School of Medicine at Mount Sinai | $1.0B |
| 35 | University of Arizona, The | $1.0B |
| 36 | University of California, Davis | $1.0B |
| 37 | Arizona State University | $1.0B |
| 38 | Michigan State University | $931.8M |
| 39 | Purdue University, West Lafayette | $931.5M |
| 40 | University of Illinois at Urbana-Champaign | $906.8M |
| 41 | Indiana University, Bloomington | $897.0M |
| 42 | Baylor College of Medicine | $881.2M |
Keep looking
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Related rankings
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Request a demoData: NSF HERD FY2024, built from NSF's published tables on September 8, 2026. Page updated September 13, 2026.
Data: National Center for Science and Engineering Statistics, National Science Foundation, Higher Education Research and Development Survey, FY2024.
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