According to the latest available statistics, approximately between 20,000 to 30,000 companies in the United States exceed an annual gross revenue of $10 million. This figure can fluctuate based on economic conditions and the definitions used. For the most accurate and up-to-date data, consulting reliable sources such as the U.S. Census Bureau or industry-specific reports is highly recommended.

How Many Companies in the U.S. Earn Over $10M Annually in Gross Revenue?

As of the 2012 tax year, the Internal Revenue Service reported that 161,648 corporate returns were filed with total receipts exceeding ten million dollars. This indicates a significant number of companies within the U.S. economy that have achieved this high level of annual revenue. Similarly, NAICS estimates that about 200,000 companies meet this criterion, based on their report, US Business Firmographics - Company Size, by NAICS Association.

Types of Companies Exceeding $10M Annual Revenue

Companies that achieve an annual gross revenue of over $10 million are often recognized by their industry status, innovation, and market share. Some of the prominent groups include:

Technology Sector: Examples include Apple, Microsoft, Google, and Amazon. These companies are global leaders in technology and consistently meet or exceed the $10 million revenue threshold. Consumer Goods: Companies like McDonald's and Home Depot are well-known for their substantial annual revenues. These businesses operate on a large scale, making them significant contributors to the U.S. economy. Financial Services: Major credit card companies and financial institutions also fall into this category, such as Visa, Mastercard, and Amex. These companies facilitate a vast majority of financial transactions and have robust revenue streams. Media and Entertainment: Organizations like Netflix and Adobe operate in a market where they can achieve significant annual revenues due to their broad consumer base and successful business models.

Key Considerations and Definitions

The classification of companies based on their annual gross revenue is critical for various business and financial purposes. It is essential to understand that the threshold of $10 million is subjective and can vary depending on the industry, market conditions, and other economic factors.

A company with over $10 million in gross revenue is generally considered large, as it signifies significant market presence and business scale. However, the term "small" is relative; for many categories, a $10 million revenue is still a substantial threshold, indicating a presence in the upper echelons of the market.

It is also important to note that while these figures provide insightful data, they can change rapidly due to market dynamics, economic shifts, and other external factors. Therefore, staying current with the latest industry reports and economic analyses is crucial for understanding the landscape of U.S. companies in this revenue bracket.