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The 2025 WF Impact of Women-Owned Businesses report

Learn about the annual Impact of Women-Owned Businesses report with key data and trends on women entrepreneurs. Read key insights:

  1. The United States continues to see a surge in the formation of women-owned businesses
  2. 78.6% of all women-owned employer revenue is from firms with over $1 million in annual revenue
  3. States and areas where women-owned businesses have the greatest economic influence benefit from diverse economies and supportive policies

See the full report and deep dive into specific breakouts for Asian American, Black/African American, Hispanic/Latino, Geographic, $1MM+ revenue and Middle-Market.

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 NEC and powered by Wells Fargo, helps women-owned business grow their companies.

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