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Wisconsin Business by the Numbers: 2026 Company Breakdown

Wisconsin has 651,680 business records in Factur’s directory — the 26th-most of any U.S. state, or 1.0% of the national total. Milwaukee leads its cities with 12.4% of the state’s records, Industrial & mechanical is the largest sector at 24.3%, and Wisconsin ranks 22nd for large employers (500+ employees).

Data as of July 2026. The figures come from Factur’s U.S. business directory, spanning 28 Wisconsin cities and 8 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.

651,680Business records in Wisconsin
26thRank among U.S. states
1.0%Share of U.S. total
22ndRank for 500+ employee records

Key findings

  • Wisconsin ranks 26th nationally with 651,680 business records — 1.0% of all 64,799,929 U.S. records in the directory.
  • An above-average share of large employers. Wisconsin is 22nd for records of companies with 500+ employees (1,523), with 23.4 per 10,000 records against 14.0 nationally (4th of 52 states).
  • Wisconsin has more food & beverage and healthcare & life science than the U.S. mix:Food & Beverage is 3.2% of the state’s records against 1.4% nationally (2.2×); Healthcare & Life Science is 10.3% of the state’s records against 7.4% nationally (1.4×).
  • Milwaukee is the state’s largest business hub, with 12.4% of all Wisconsin records.
  • Business is concentrated in a few metros: Milwaukee, Madison and Green Bay together hold 21.6% of the state’s records.

How Wisconsin ranks nationally

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

Top Wisconsin cities by number of business records

These 10 cities account for 32.3% of all records in Wisconsin. Select any city to browse its full company list.

1. Milwaukee
80,520 12.4%
2. Madison
41,104 6.3%
3. Green Bay
19,197 2.9%
4. Appleton
13,066 2.0%
5. Waukesha
10,620 1.6%
6. Eau Claire
9,976 1.5%
7. Brookfield
9,943 1.5%
8. Kenosha
9,761 1.5%
9. Racine
8,572 1.3%
10. La Crosse
7,915 1.2%

Browse all Wisconsin companies →

Wisconsin businesses by industry

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

Consumer
83,461 12.8%
Food & Beverage
20,926 3.2%
Financial
18,521 2.8%
Communication
11,532 1.8%
Construction
3,216 0.5%
IT
1,700 0.3%

What sets Wisconsin apart

Sectors that make up a bigger share of Wisconsin’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.

Food & Beverage
2.2× 3.2% vs 1.4%
Healthcare & Life Science
1.4× 10.3% vs 7.4%

Wisconsin businesses by size

Most records in every state are small businesses. In Wisconsin, 2.09% of records with a known size have 51 or more employees, against 1.77% nationally. 362 records belong to companies with $1 billion or more in revenue.

EmployeesRecordsWisconsinU.S.
1-50625,85997.91%98.23%
51-2009,3051.46%1.37%
201-10003,3860.53%0.33%
1001-50004580.07%0.05%
5001+2350.04%0.02%

What the numbers show

Wisconsin’s 651,680 records place it 26th nationally, 1.0% of the U.S. total, and 22nd 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 — Milwaukee, Madison and Green Bay alone account for 21.6% of the state’s records — and the state leans toward food & beverage and 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 Wisconsin?

Factur’s directory has 651,680 business records for Wisconsin, the 26th-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 Wisconsin?

1,523 Wisconsin records belong to companies with 500 or more employees, 22nd among U.S. states, or 23.4 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 Wisconsin city has the most businesses?

Milwaukee has the most, with 12.4% of the state’s records.

What is the largest industry in Wisconsin?

Industrial & mechanical is the largest sector, at 24.3% of Wisconsin records. Compared with the U.S. mix, Wisconsin has proportionally more food & beverage and 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.

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

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 Wisconsin 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 Wisconsin? Browse the Wisconsin directory → or contact us for a custom data pull.