Sammy Abdullah · 11 November 2026 · Operating Insight

R&D Spend Hovers at ~24% of Revenue

Sammy Abdullah, GP @ Blossom Street

SaaS companies spend a median of 24% of revenue on R&D both at IPO and years prior, suggesting this level is appropriate across stages; recent IPOs show similar patterns with notable outliers like Figma at 100%.

Read the full post on Sammy Abdullah ↗

Topics: Enterprise Software

Published by Sammy Abdullah · their site ↗

More from Sammy Abdullah

SandHill indexes 800+ venture capital blogs and newsletters and sends the best of them every Sunday. Browse the sources · browse by topic · read the blog.