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New Mexico Business by the Numbers: 2026 Company Breakdown

New Mexico is home to 244,429 companies — the 40th-most of any U.S. state, or 0.4% of the national total. Albuquerque leads its cities with 94,394 companies (38.6% of the state), and Industrial & mechanical is the largest sector at 26.1% of New Mexico companies.

The figures below come from Factur’s directory of U.S. companies, spanning 3 New Mexico cities and 3 industry sectors. Every number links to the live, browsable list behind it. Journalists and researchers are welcome to cite these figures with a link back to this page.

244,429Companies in New Mexico
40thRank among U.S. states
0.4%Share of U.S. total
3Cities in the directory

Key findings

  • New Mexico ranks 40th nationally with 244,429 companies — 0.4% of all 64,799,929 U.S. companies in the directory.
  • Albuquerque is the state’s largest business hub, with 94,394 companies — 38.6% of every company in New Mexico.
  • Business is concentrated in a few metros: Albuquerque, Santa Fe and Las Cruces together hold 56.7% of the state’s companies.
  • Industrial & mechanical leads the state’s industries at 63,682 companies (26.1%), across 3 tracked sectors.

How New Mexico ranks nationally

New Mexico and its closest neighbours by total company count. Select a state to open its own study.

Top New Mexico cities by number of companies

These 3 cities account for 56.7% of all companies in New Mexico. Select any city to browse its full company list.

1. Albuquerque
94,394 38.6%
2. Santa Fe
28,465 11.6%
3. Las Cruces
15,652 6.4%

Browse all New Mexico companies →

New Mexico companies by industry

Every company is classified by its primary industry using NAICS/SIC codes. Select a sector to see those New Mexico companies.

What the numbers show

New Mexico’s 244,429 companies place it 40th nationally, 0.4% of the U.S. total. Activity clusters in its largest metros — Albuquerque, Santa Fe and Las Cruces alone account for 56.7% of the state’s companies — while industrial & mechanical is the dominant sector at 26.1%. For buyers and sellers, that means the deepest pools of suppliers and manufacturers sit in a handful of cities and one or two sectors; the charts above link straight into each so you can shortlist by capability and region.

Cite this data

Free to use with attribution — please credit Factur and link back to this page.

CitationFactur. (2026). New Mexico Business by the Numbers: 2026 Company Breakdown. data.facturmfg.com. https://data.facturmfg.com/insights/new-mexico
Link (HTML)<a href="https://data.facturmfg.com/insights/new-mexico">New Mexico Business by the Numbers: 2026 Company Breakdown</a> — data by Factur

Methodology

Figures reflect companies listed in Factur’s U.S. business directory as of 2026, classified by headquarters city and primary industry using NAICS/SIC codes. “Companies” includes manufacturers, suppliers, and B2B businesses of all sizes; counts are directory totals, not official census figures, and percentages are computed against the New Mexico directory total. Data compiled by Factur, a sales and marketing firm for B2B manufacturers.

Looking for a specific industry in New Mexico? Browse the New Mexico directory → or contact us for a custom data pull.