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Virginia Business by the Numbers: 2026 Company Breakdown

Virginia is home to 1,598,461 companies — the 12th-most of any U.S. state, or 2.5% of the national total. Richmond leads its cities with 115,426 companies (7.2% of the state), and Industrial & mechanical is the largest sector at 30.5% of Virginia companies.

The figures below come from Factur’s directory of U.S. companies, spanning 35 Virginia cities and 9 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.

1,598,461Companies in Virginia
12thRank among U.S. states
2.5%Share of U.S. total
35Cities in the directory

Key findings

  • Virginia ranks 12th nationally with 1,598,461 companies — 2.5% of all 64,799,929 U.S. companies in the directory.
  • Richmond is the state’s largest business hub, with 115,426 companies — 7.2% of every company in Virginia.
  • Business is concentrated in a few metros: Richmond, Virginia Beach and Alexandria together hold 17.8% of the state’s companies.
  • Industrial & mechanical leads the state’s industries at 486,903 companies (30.5%), across 9 tracked sectors.

How Virginia ranks nationally

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

#9 Illinois
1,843,395
#10 Michigan
1,839,787
#12 Virginia
1,598,461
#13 Ohio
1,487,393
#14 Maryland
1,466,919

Top Virginia cities by number of companies

These 10 cities account for 35.7% of all companies in Virginia. Select any city to browse its full company list.

1. Richmond
115,426 7.2%
3. Alexandria
74,412 4.7%
4. Arlington
52,326 3.3%
5. Norfolk
44,619 2.8%
6. Fairfax
44,526 2.8%
7. Chesapeake
42,081 2.6%
9. Roanoke
34,329 2.1%
10. Woodbridge
33,145 2.1%

Browse all Virginia companies →

Virginia companies by industry

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

Consumer
253,532 15.9%
Real Estate
83,722 5.2%
Financial
70,286 4.4%
Communication
34,136 2.1%
Food & Beverage
26,465 1.7%
Construction
6,624 0.4%
IT
4,610 0.3%

What the numbers show

Virginia’s 1,598,461 companies place it 12th nationally, 2.5% of the U.S. total. Activity clusters in its largest metros — Richmond, Virginia Beach and Alexandria alone account for 17.8% of the state’s companies — while industrial & mechanical is the dominant sector at 30.5%. 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). Virginia Business by the Numbers: 2026 Company Breakdown. data.facturmfg.com. https://data.facturmfg.com/insights/virginia
Link (HTML)<a href="https://data.facturmfg.com/insights/virginia">Virginia 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 Virginia directory total. Data compiled by Factur, a sales and marketing firm for B2B manufacturers.

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