Profit Margin
1.0%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3343
NAICS 3343 · IRS SOI 2023 · Census CBP
Audio and Video Equipment Manufacturing - Industry Benchmarks
122 SBA loans on record, $74M in volume, for NAICS 3343.
- 1.0%
- Net margin
- 11K
- Workers employed
- N/A
- Avg payroll / employee
- $74M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3343
Audio and Video Equipment Manufacturing runs a 1.0% pre-tax net margin - significantly below average, typical of high-volume, low-margin sectors - across 539 establishments employing 11K workers.
- 1.0%
- Pre-tax net margin (IRS SOI)
- 11K
- Workers employed (Census CBP)
- N/A
- Avg payroll / employee
- $74M
- SBA lending, FY20–26
Benchmarking Insights for Audio and Video Equipment Manufacturing
Audio and Video Equipment Manufacturing sits inside Manufacturing at a 1.0% net margin (significantly below average, typical of high-volume, low-margin sectors), $29.9B in aggregate receipts across 636 returns, averaging $47.1B per establishment.
539 establishments employ 10,977 workers (20.4/location). California leads employment, followed by Oregon and Arizona.
Total Receipts
$29.9B
Annual revenue (IRS SOI)
Net Income
$308.2M
Pre-tax net income
Employment
10,977
Total employees (Census CBP)
Avg Payroll / Employee
N/A
Annual compensation
Establishments
539
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 490; establishment count decreased by 4. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Audio and Video Equipment Manufacturing revenue goes
Workforce scale
Audio and Video Equipment Manufacturing margin vs national reference points
Audio and Video Equipment Manufacturing net margin 3.4%
Cross-industry median (5%)
p25/median/p75 = 3%/5%/8%
Business Structure Breakdown
How businesses in this industry are legally structured (IRS SOI)
C Corporation
636 returns 100%
Margin: 1.0% · Receipts: $29.9B
Financial Detail
- Total Tax Returns Filed
- 636
- Avg Receipts per Business
- $47.1B
- Avg Employees per Establishment
- 20.4
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Audio and Video Equipment Manufacturing NAICS 33431 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 2,386 |
| Oregon | 785 |
| Arizona | 336 |
| North Carolina | 250 |
| Ohio | 223 |
| Minnesota | 212 |
| Kentucky | 78 |
| New Jersey | 68 |
Showing top 10 of 33 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
122
Total Loan Volume
$74M
Avg Loan Size
$604K
Jobs Supported
987
Program Breakdown
7(a) 112 (92%)
504 10 (8%)
Top SBA Lender
Newtek Bank, National Association
8 loans in this industry
New Business Share
13.1% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 26
2021 12
2022 15
2023 12
2024 30
2025 25
2026 2
Frequently Asked Questions
What is the average revenue for Audio and Video Equipment Manufacturing?
$29.9B in total annual receipts across all Audio and Video Equipment Manufacturing businesses. Average per business: $47.1B.
How profitable is Audio and Video Equipment Manufacturing?
1.0% net profit margin, significantly below average, typical of high-volume, low-margin sectors.
How many businesses are in Audio and Video Equipment Manufacturing?
539 business establishments. Together they employ 10,977 workers.
What is the average payroll per employee in Audio and Video Equipment Manufacturing?
Average payroll data for Audio and Video Equipment Manufacturing is not available in the current Census CBP dataset.
Which states have the most Audio and Video Equipment Manufacturing employment?
California leads with 2,386 workers. Oregon (785) and Arizona (336) round out the top three.
How much SBA lending does Audio and Video Equipment Manufacturing receive?
Audio and Video Equipment Manufacturing businesses received 122 SBA loans totaling $74 million between FY2020 and FY2026. The average loan size was $604K. These loans supported 987 jobs at origination. Most lending (92%) came through the SBA 7(a) program.
Comparable industry benchmarks
These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.
How this ranks: Audio and Video Equipment Manufacturing reports a higher net margin than 7% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 5% of that same 259-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.
Closest reported net margins
Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Audio and Video Equipment Manufacturing
- Net margin: 1.0% vs sector. Browse Manufacturing
- 539 establishments, 10,977 workers. Payroll benchmarks
- 122 SBA loans on record. SBA lending rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 3343 · Data year: 2023
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.