Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
For the Third Year in a Row Knight Federal Solutions Appears on the Inc. 5000 with Three-Year Revenue Growth of 58 Percent
Inc. magazine’s Inc. 5000 list is a compilation of the fastest growing companies in America. This year, those companies making the list have demonstrated brains, bravery, and optimism amid the Covid-19 pandemic. Each of these companies has their own tale of persistence, perseverance, and pluck. Knight Federal Solutions is no exception. For the third year in a row, the company has earned a spot on the coveted list with a three-year revenue growth of 58 percent, companies that have placed three or more times this year comprise 41.62 percent of the list. Companies on the list represent a unique look into their success within the American economy’s most dynamic segment—independent small businesses. Intuit, Zappos, Under Armor, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
“Being included on this year’s Inc. 5000 list during a pandemic, is an incredible accomplishment. This recognition is a tribute to the Knight Federal team that works tirelessly to help us achieve our continued growth and excellence. We appreciate their efforts that keep our company focused on our mission to ensure the readiness of our nation’s warfighter,” says Chris Baeten, CEO of Knight Federal Solutions.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which hit newsstands on August 20.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 19-20, 2021. As always, speakers will include some of the greatest innovators and business leaders of our generation.
Knight Federal ranked 4,539 on the 2021 Inc. 5000 List.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Vision Conference, visit http://conference.inc.com/.
About Inc. 5000 – Methodology
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
