Not necessarily. We look at the overall three-year growth rate from 2021 through 2024 compared with that of the other Inc. 5000 applicants. Among last year's 2024 Inc. 5000 honorees, year-to-year declines were acceptable and common. We will be comparing only your 2021 and 2024 numbers, using our definition of revenue (line 1c on your tax returns).
However, your company must be reporting higher revenue numbers in 2024 than in 2021 to be considered. Companies that show lower revenue in 2024 than in 2021 will produce a negative growth rate and will be automatically disqualified.
Read more about how we calculate your growth rate here.
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