Indiana Business by the Numbers: 2026 Company Breakdown

Key findings

• Indiana ranks 22nd nationally with 962,481 business records — 1.5% of all 64,799,929 U.S. records in the directory.
• An above-average share of large employers. Indiana is 14th for records of companies with 500+ employees (2,260), with 23.5 per 10,000 records against 14.0 nationally (3rd of 52 states).
• Indiana has more food & beverage than the U.S. mix:Food & Beverage is 2.4% of the state’s records against 1.4% nationally (1.7×).
• Indianapolis is the state’s largest business hub, with 20.4% of all Indiana records.
• Business is concentrated in a few metros: Indianapolis, Fort Wayne and Evansville together hold 28.2% of the state’s records.

How Indiana ranks nationally

Indiana and its closest neighbours by total business records. Select a state to open its own study.

Top Indiana cities by number of business records

These 10 cities account for 41.3% of all records in Indiana. Select any city to browse its full company list.

Browse all Indiana companies →

Indiana businesses by industry

Every record is classified by its primary industry using NAICS/SIC codes; the shares are of all Indiana records. Select a sector to see those Indiana companies.

What sets Indiana apart

Sectors that make up a bigger share of Indiana’s records than of the U.S. as a whole. A ratio of 2.0× means the sector is twice as common here as nationally. Select a sector to browse it.

Indiana businesses by size

Most records in every state are small businesses. In Indiana, 1.83% of records with a known size have 51 or more employees, against 1.77% nationally. 597 records belong to companies with $1 billion or more in revenue.

What the numbers show

Indiana’s 962,481 records place it 22nd nationally, 1.5% of the U.S. total, and 14th for large employers. That large-employer rank is well above its rank by records, so its business base is weighted toward bigger companies. Activity clusters in its largest metros — Indianapolis, Fort Wayne and Evansville alone account for 28.2% of the state’s records — and the state leans toward food & beverage compared with the rest of the country. For buyers and sellers, that means the deepest pools of suppliers sit in a handful of cities and sectors; the charts above link straight into each so you can shortlist by capability and region.

Methodology

Figures count records in Factur’s U.S. business directory as of July 2026, classified by city and primary industry using NAICS/SIC codes. Records cover manufacturers, suppliers and businesses of all sizes. They are not a count of unique companies: one company can have several records (for example one per department or location), and some records are duplicates. That affects large companies most, so treat raw totals as an upper bound and rely on the ranks, shares and comparisons, which it affects much less. These are directory totals, not official census figures. Percentages are computed against the Indiana directory total; size shares use records with a known employee count. Data compiled by Factur, a sales and marketing firm for B2B manufacturers.