Arizona companies fared well on the 2025 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. A total of 137 Arizona-based companies earned rankings on the 2025 Inc. 5000 list.

Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024.

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“Our inclusion in the Inc. 5000 is a significant milestone and a clear validation of our business model,” said Keith Weiner, Founder and CEO of Monetary Metals,

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