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Women Own More Than 40% of U.S. Businesses—The Next Challenge Is Scaling Them

Jul 31, 2026 | News

Women now own 15.7 million businesses—40.6% of all U.S. businesses. These firms employ 12.6 million people and generate $2.8 trillion annually. Women-owned businesses grew 12.1% between 2022 and 2025, nearly twice the 6.3% growth rate of men-owned businesses. However, only 9% of women-owned firms have employees; that relatively small group generates 82% of all women-owned business revenue.

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