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Texas leads as the state with the most Fortune 500 companies, dethroning California. The 2026 Fortune 500 list shows Texas leading with 57 headquarters and California with 56, which is a reversal from two years ago when California was in the lead.
AI Overview
Texas officially dethroned California as the capital of the Fortune 500, taking the number one spot nationwide on the annual list.
The Breakdown
Texas: 57 companies with roughly $2.8 trillion in combined revenue.
California: 56 companies with roughly $2.7 trillion in combined revenue.
New York: 53 companies with $2.2 trillion in revenue.
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