New business formations by state: May 2026

Name: New business formations by state, May 2026 (AlphaLeads)
Creator: AlphaLeads
Published: 2026-10-16

Published 2026-10-16. Updated 2026-10-16. Covers filings dated 2026-05-01 to 2026-05-31.

In May 2026, AlphaLeads recorded 169,252 new business filings across 8 of the 9 states it tracks, led by Florida (64,313), Texas (42,387) and New York (22,629). Idaho is not counted, because we do not hold a complete May 2026 for it. The table gives the reason. Across the 7 states with complete data in both April 2026 and May 2026, filings were down 6.5% from April 2026 (178,756 to 167,201).

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New business filings by state, May 2026

State	New filings	Change vs April 2026	Most common entity type
Florida	64,313	-11.3%	Domestic LLC (88%)
Texas	42,387	-4.4%	n/a
New York	22,629	-4.5%	Domestic Limited Liability Company (67%)
Colorado	21,174	+2.7%	n/a
Pennsylvania	10,005	-4.0%	Domestic Limited Liability Company (90%)
Connecticut	5,544	-7.1%	LLC (88%)
New Mexico	2,051	n/a	LLC (100%)
Alaska	1,149	-5.0%	LLC (89%)
Total, 8 states	169,252	-6.5%*
Idaho	Not counted: our Idaho collector is currently limited by the state registry search, which returns at most 500 results per request, so Idaho totals undercount real filings until that is fixed

Change compares each state with its own April 2026 figure and reads n/a where we do not hold a complete April 2026 for that state. * The change on the total covers only the 7 states with complete data in both months (178,756 to 167,201). Texas and Colorado publish internal entity codes rather than names, so the entity type column reads n/a rather than a guessed label. The records we collect for New Mexico carry a single entity type, so that share is 100% by construction.

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Methodology

What counts. One row per new business entity filing whose filing date, as recorded by the state, falls between 2026-05-01 and 2026-05-31. Each filing is assigned to the state whose registry published it, not to the business's mailing address. We count operating business entity types: LLCs, corporations, professional entities such as PLLCs and PCs, limited partnerships and LLPs. Texas sales tax permits and Florida fictitious name (DBA) registrations are registrations rather than formations and are not counted.
Not official totals. These are filings observed by AlphaLeads in public state registry records, not totals published by any state. Each state publishes a different set of entity types, so the figures are not a like for like ranking between states.
Sources. The 9 states covered and the agency that publishes each registry:
- Florida: Florida Division of Corporations (Sunbiz), Department of State
- Texas: Texas Comptroller of Public Accounts, which publishes Secretary of State charter records for registered entities
- New York: New York Department of State, Division of Corporations
- Colorado: Colorado Secretary of State
- Pennsylvania: Pennsylvania Department of State, Bureau of Corporations and Charitable Organizations
- Connecticut: Connecticut Secretary of the State
- Idaho: Idaho Secretary of State
- New Mexico: New Mexico Secretary of State
- Alaska: Alaska Department of Commerce, Community and Economic Development, Division of Corporations
Complete months only. A state is counted for a month only when the state's own publishing has run past the end of the month, we hold at least 90% of the month's business days, its typical daily volume that month sits between 60% and 160% of its own normal level, and weekend dated filings are present where the state normally has them. A state that fails any check is listed as not counted, with the reason, instead of being included with a misleading number.
When a report is published. Once no state is still publishing the month and at least 6 of the 9 states are complete. A state still publishing 35 days after the month ends is listed as not counted and added if it completes later, which changes the Updated date above.
Not the Census series. This is not the U.S. Census Bureau's Business Formation Statistics, a separate national series on business applications and formations. The two measure different things and should not be read as the same number.
Data notices. Some states ask that a notice accompany their data. See data sources.

State data pages

Monthly history, entity types and industry mix for each state: Florida · Texas · New York · Colorado · Pennsylvania · Connecticut · Idaho · New Mexico · Alaska.

The records behind these numbers

AlphaLeads delivers every one of these filings as a daily CSV, with the business name, owner or agent where published, mailing address, entity type and industry classification. Pro adds a verified company website, email and phone where one exists.

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