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The 2026 WF Impact of Women-Owned Businesses report

Learn about the latest Impact of Women-Owned Businesses Report, covering key data and trends on women entrepreneurs. Read key insights:

  1. Women own 15.7 million businesses, representing 40.6% of all U.S. businesses.
  2. Women-owned businesses employ 12.6 million people (9.1% of U.S. employment) and generate $2.8 trillion in revenue – 4.6% of total U.S. business revenue.
  3. Between 2022 and 2025, women-owned businesses grew by 12.1%, nearly twice the growth rate of men-owned businesses (6.3%).
  4. Nine percent of women-owned businesses have employees, compared with nearly 18% of men-owned businesses. Yet that small subset of women-owned employer firms drives 82% of all revenue generated by women-owned businesses.

See the full report (PDF)

Join the Milestones Circles community

Get hands-on help setting and reaching business goals from a network of peer-mentors and industry experts. This program, run by Nasdaq Entrepreneurial Center (NEC) and powered by Wells Fargo, helps women-owned business grow their companies.

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