Wholesale Trade ·NAICS 425

NAICS 425 · IRS SOI 2023 · Census CBP

Wholesale Electronic Markets and Agents and Brokers - Industry Benchmarks

$71,985/yr average annual pay, with 649 SBA loans on record for NAICS 425.

13.0%
Net margin
244K
Workers employed
$71,985/yr
Avg payroll / employee
$391M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 425

Wholesale Electronic Markets and Agents and Brokers runs a 13.0% pre-tax net margin - above average for US industries - across 35K establishments employing 244K workers.

13.0%
Pre-tax net margin (IRS SOI)
244K
Workers employed (Census CBP)
$71,985/yr
Avg payroll / employee
$391M
SBA lending, FY20–26

Benchmarking Insights for Wholesale Electronic Markets and Agents and Brokers

Wholesale Electronic Markets and Agents and Brokers sits inside Wholesale Trade at a 13.0% net margin (above average for US industries), $15.9B in aggregate receipts across 108,387 returns, averaging $146.6M per establishment.

34,962 establishments employ 243,788 workers (7.0/location) at $71,985/yr average annual pay. California leads employment, followed by Texas and Florida.

Profit Margin

13.0%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$15.9B

Annual revenue (IRS SOI)

Net Income

$2.1B

Pre-tax net income

Employment

243,788

Total employees (Census CBP)

Avg Payroll / Employee

$71,985/yr

Annual compensation

Establishments

34,962

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 6,259; establishment count decreased by 1,244. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Where each dollar of Wholesale Electronic Markets and Agents and Brokers revenue goes

Workforce scale

Wholesale Electronic Markets and Agents and Brokers margin vs national reference points

Wholesale Electronic Markets and Agents and Brokers net margin 43.4%
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
13,822 returns 13%

Margin: 17.1% · Receipts: $5.5B

Sole Proprietorship
94,565 returns 87%

Margin: 10.9% · Receipts: $10.4B

Financial Detail

Total Tax Returns Filed
108,387
Avg Receipts per Business
$146.6M
Annual Payroll (Total)
$17.5B
Avg Employees per Establishment
7.0

Sub-Industries

Industry Profit Margin
Wholesale Electronic Markets and Agents and Brokers

NAICS 4251

 N/A

Top States by Employment

State Employment
California 28,747
Texas 25,592
Florida 16,328
Illinois 9,996
Ohio 9,710
New York 9,285
Pennsylvania 9,227
North Carolina 8,851
Georgia 8,117
New Jersey 7,395

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

649

Total Loan Volume

$391M

Avg Loan Size

$602K

Jobs Supported

3,965

Program Breakdown

7(a) 576 (89%)
504 73 (11%)

Top SBA Lender

Northeast Bank

44 loans in this industry

New Business Share

14.8% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
71
2021
98
2022
85
2023
92
2024
132
2025
152
2026
19

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Wholesale Electronic Markets and Agents and Brokers?
$15.9B in total annual receipts across all Wholesale Electronic Markets and Agents and Brokers businesses. Average per business: $146.6M.
How profitable is Wholesale Electronic Markets and Agents and Brokers?
13.0% net profit margin, above average for US industries.
How many businesses are in Wholesale Electronic Markets and Agents and Brokers?
34,962 business establishments. Together they employ 243,788 workers.
What is the average payroll per employee in Wholesale Electronic Markets and Agents and Brokers?
$71,985/yr average annual pay per employee. Businesses average 7.0 employees per establishment.
Which states have the most Wholesale Electronic Markets and Agents and Brokers employment?
California leads with 28,747 workers. Texas (25,592) and Florida (16,328) round out the top three.
How much SBA lending does Wholesale Electronic Markets and Agents and Brokers receive?
Wholesale Electronic Markets and Agents and Brokers businesses received 649 SBA loans totaling $391 million between FY2020 and FY2026. The average loan size was $602K. These loans supported 3,965 jobs at origination. Most lending (89%) 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.

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 Wholesale Electronic Markets and Agents and Brokers

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 425 · 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.