The prestigious INC 5000 ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Some household names that have appeared on the list include Intuit, Zappos, Under Armour, Microsoft, GoPro, Timberland, Clif Bar, Patagonia, Oracle, Box, and Grubhub.
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The 2024 Inc. 5000 list ranks the fastest-growing private companies in the U.S. based on their revenue growth from 2020 to 2023. To qualify, companies must have been established and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent as of December 31, 2023. While some companies on the list may have since gone public or been acquired, their growth during the qualifying period remains a testament to their success. The minimum revenue for 2020 is $100,000, and for 2023, it’s $2 million. With a median growth rate of 208%, the 2024 honorees contributed to an impressive $317.1 billion in total revenue, created 874,940 jobs, and saw 500 newly founded businesses and 3,181 repeat honorees. Rankings are determined with precise calculations and must pass a thorough editorial review by Inc.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are also featured in the September issue of Inc. magazine.
More about Inc. and the Inc. 5000
Methodology
The Inc. 5000 methodology ranks companies based on their percentage revenue growth over a three-year period. Eligible companies must be U.S.-based, privately held, for-profit, and independent as of the list’s final year. The application process includes providing detailed company information, revenue verification, and an editorial vetting process to ensure accuracy and integrity. Companies must have met specific revenue thresholds in the base and final years, and Inc. reserves the right to disqualify companies based on subjective criteria.
For more details, you can visit the Inc. 5000 methodology page
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com
