Not necessarily. We look at the overall three-year growth rate from 2020 through 2023 compared with that of the other Inc. 5000 applicants. Among last year's 2023 Inc. 5000 honorees, year-to-year declines were acceptable and common. We will be comparing only your 2020 and 2023 numbers, using our definition of revenue (line 1c on your tax returns).
However, your company must be reporting higher revenue numbers in 2023 than in 2020 to be considered. Companies that show lower revenue in 2022 than in 2019 will produce a negative growth rate and will be automatically disqualified.
Read more about how we calculate your growth rate here.
Applications for the 2023 Inc. 5000 awards are now closed.
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Have any questions or concerns? Email us at Inc5000@inc.com