Stanford University research and development spending, FY2024
- Stanford, CA
- R1
- Private nonprofit
- Standard form filer
Stanford University in FY2024
$1.6 billion
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #9 of 925
- Change on FY2023
- up 6.8%
- Rank change
- up 1
Stanford University reported $1.6 billion of research and development spending in FY2024, ranking #9 of the 925 institutions in the survey. That is up 6.8% on FY2023's $1.5 billion; its national rank was up 1 place. Federal government is its largest funding source at 61.7% ($1.0 billion), followed by nonprofit organizations at 13.3%. Its largest field of research is life sciences, $1.2 billion or 73.2% 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 | $839.8 million | 9 |
| FY2011 | $908.0 million | 9 |
| FY2012 | $903.2 million | 9 |
| FY2013 | $945.5 million | 11 |
| FY2014 | $959.2 million | 9 |
| FY2015 | $1.0 billion | 8 |
| FY2016 | $1.1 billion | 9 |
| FY2017 | $1.1 billion | 10 |
| FY2018 | $1.2 billion | 11 |
| FY2019 | $1.2 billion | 11 |
| FY2020 | $1.2 billion | 10 |
| FY2021 | $1.3 billion | 9 |
| FY2022 | $1.4 billion | 10 |
| FY2023 | $1.5 billion | 10 |
| FY2024 | $1.6 billion | 9 |
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 Stanford 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 | $1.0 billion | 61.7% | +7.3% | 10 |
| Nonprofit organizations | $218.8 million | 13.3% | −0.4% | 2 |
| Institution funds | $207.7 million | 12.7% | +9.9% | 40 |
| Business | $152.2 million | 9.3% | +5.5% | 7 |
| State and local government | $39.6 million | 2.4% | +24.1% | 42 |
| All other sources | $10.9 million | 0.7% | +16.6% | 67 |
| All sources | $1.6 billion | 100.0% | +6.8% | 9 |
Fields of research
The 10 NSF research fields Stanford University reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $1.2 billion | 73.2% | +7.4% | 10 |
| Engineering | $164.5 million | 10.0% | +3.5% | 26 |
| Physical sciences | $103.7 million | 6.3% | −0.1% | 18 |
| Non-S&E | $57.2 million | 3.5% | +17.4% | 38 |
| Geosciences, atmospheric sciences, and ocean sciences | $39.4 million | 2.4% | +11.7% | 28 |
| Computer and information sciences | $28.4 million | 1.7% | +1.9% | 35 |
| Social sciences | $23.6 million | 1.4% | +2.7% | 43 |
| Psychology | $14.3 million | 0.9% | +1.2% | 33 |
| Mathematics and statistics | $7.7 million | 0.5% | +19.2% | 34 |
| Other sciences | $693 thousand | 0.0% | +209.4% | 138 |
Neighbours
Ranked around Stanford University
Institutions ranked immediately above and below
The five institutions ranked above Stanford University and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 4 | University of Michigan, Ann Arbor | $2.1B |
| 5 | University of Wisconsin-Madison | $1.9B |
| 6 | University of California, Los Angeles | $1.9B |
| 7 | University of California, San Diego | $1.9B |
| 8 | University of Washington, Seattle | $1.7B |
| 9 | Stanford University | $1.6B |
| 10 | Cornell University | $1.6B |
| 11 | University of North Carolina at Chapel Hill, The | $1.6B |
| 12 | Ohio State University, The | $1.6B |
| 13 | Duke University | $1.6B |
| 14 | University of Maryland | $1.5B |
Keep looking
Where this institution sits
Related rankings
Data: 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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