New Mexico Business by the Numbers: 2026 Company Breakdown
New Mexico has 244,429 business records in Factur’s directory — the 40th-most of any U.S. state, or 0.4% of the national total. Albuquerque leads its cities with 38.6% of the state’s records, Industrial & mechanical is the largest sector at 26.1%, and New Mexico ranks 42nd for large employers (500+ employees).
Data as of July 2026. The figures come from Factur’s U.S. business directory, spanning 3 New Mexico cities and 3 industry sectors. They count records, not unique companies: one company can have more than one record (see the methodology). Every number links to the browsable list behind it. Journalists and researchers are welcome to cite these figures with a link back to this page.
Key findings
- New Mexico ranks 40th nationally with 244,429 business records — 0.4% of all 64,799,929 U.S. records in the directory.
- Mostly small businesses. New Mexico is 42nd for records of companies with 500+ employees (271), with 11.1 per 10,000 records against 14.0 nationally (40th of 52 states).
- New Mexico has more healthcare & life science than the U.S. mix:Healthcare & Life Science is 11.1% of the state’s records against 7.4% nationally (1.5×).
- Albuquerque is the state’s largest business hub, with 38.6% of all New Mexico records.
- Business is concentrated in a few metros: Albuquerque, Santa Fe and Las Cruces together hold 56.7% of the state’s records.
How New Mexico ranks nationally
New Mexico and its closest neighbours by total business records. Select a state to open its own study.
Top New Mexico cities by number of business records
These 3 cities account for 56.7% of all records in New Mexico. Select any city to browse its full company list.
New Mexico businesses by industry
Every record is classified by its primary industry using NAICS/SIC codes; the shares are of all New Mexico records. Select a sector to see those New Mexico companies.
What sets New Mexico apart
Sectors that make up a bigger share of New Mexico’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.
New Mexico businesses by size
Most records in every state are small businesses. In New Mexico, 1.33% of records with a known size have 51 or more employees, against 1.77% nationally. 72 records belong to companies with $1 billion or more in revenue.
| Employees | Records | New Mexico | U.S. |
|---|---|---|---|
| 1-50 | 238,760 | 98.67% | 98.23% |
| 51-200 | 2,412 | 1.00% | 1.37% |
| 201-1000 | 704 | 0.29% | 0.33% |
| 1001-5000 | 83 | 0.03% | 0.05% |
| 5001+ | 27 | 0.01% | 0.02% |
What the numbers show
New Mexico’s 244,429 records place it 40th nationally, 0.4% of the U.S. total, and 42nd for large employers. Activity clusters in its largest metros — Albuquerque, Santa Fe and Las Cruces alone account for 56.7% of the state’s records — and the state leans toward healthcare & life science 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.
Frequently asked questions
How many businesses are in New Mexico?
Factur’s directory has 244,429 business records for New Mexico, the 40th-most of any U.S. state. That counts records rather than unique companies: a company can have more than one record, so the number of distinct businesses is lower.
How many large companies are in New Mexico?
271 New Mexico records belong to companies with 500 or more employees, 42nd among U.S. states, or 11.1 per 10,000 records against 14.0 nationally. Large companies often have several records (one per department or location), so this overstates the number of distinct large employers.
Which New Mexico city has the most businesses?
Albuquerque has the most, with 38.6% of the state’s records.
What is the largest industry in New Mexico?
Industrial & mechanical is the largest sector, at 26.1% of New Mexico records. Compared with the U.S. mix, New Mexico has proportionally more healthcare & life science.
Where does this data come from?
From Factur’s U.S. business directory as of July 2026, classified by city and by primary industry using NAICS/SIC codes. Every figure on this page links to the list behind it.
Cite this data
Free to use with attribution — please credit Factur and link back to this page.
Factur. (2026). New Mexico Business by the Numbers: 2026 Company Breakdown. data.facturmfg.com. https://data.facturmfg.com/insights/new-mexico<a href="https://data.facturmfg.com/insights/new-mexico">New Mexico Business by the Numbers: 2026 Company Breakdown</a> — data by FacturMethodology
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 New Mexico directory total; size shares use records with a known employee count. 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.