Quarterly ReportsQ3 2026

The State of
Black Business.
Q3 2026.

Our third-quarter read on the state of Black-owned business pairs the latest U.S. Census Annual Business Survey with BLK Society's own verified directory: what's open, where it's concentrated, and what the categories tell us about where Black enterprise is building right now.

Compiled August 16, 2026 · Census data as of August 2026

The Macro · U.S. Census ABS

Black-owned firms, nationally.

200,885

Black-owned employer firms

$249.0B

Annual receipts

$69.8B

Annual payroll

1,864,727

Employees

3.4%

Share of all U.S. employer firms

First-Party · BLK Society Directory

Where the verified directory runs deepest.

By Category

Hair Care
64
Textured Hair
51
Natural Beauty
46
Clean Beauty
43
Skincare
39
Body Care
31
Makeup
21
Inclusive Beauty
20

Verified Black-owned brands

By City

New York City
50
Los Angeles
30
Atlanta
24
Chicago
22
Houston
20
Washington, DC
14
Dallas–Fort Worth
11
Detroit
10

Verified businesses (stores + brands)

Openings & Closures

The ledger this quarter.

626

Total verified listings

138

Brands

488

Stores & businesses

0

Closures honored

Every listing is verified Black-owned by hand: no self-reported labels, no pay-to-play. Closures are drawn from our append-only closures record, the one dataset here nobody else keeps. See the record →

Methodology

How to read this.

Macro numbers

National firm counts, receipts, payroll, and employment come from the U.S. Census Bureau Annual Business Survey (employer firms), retrieved August 2026. These are official, nationally representative estimates.

First-party numbers

Category, city, and closure figures reflect the BLK Society verified directory as of the compiled date. This is a curated, hand-verified sample, not a census: it shows concentration and momentum, not national totals.

Cite this report

BLK Society, "The State of Black Business — Q3 2026." blksociety.com/state-of-black-business/reports/2026-q3 (compiled August 16, 2026).