California has long been a hub of economic success, and with the world’s recent AI explosion, America’s technology capital is ready to soar to even greater heights.
For the first time since 2014, the golden state beat out Texas and New York to become home to the most Fortune 500 companies, with an impressive 57 companies within its borders. Texas and New York, which both tied for second, have 52 companies each.
Texas has proven to be tough competition in recent years, with companies like Tesla and pharmaceutical giant McKesson moving their headquarters to the lone star state to leverage its business-friendly policies like loose regulatory oversight and low taxes. And New York, as America’s most populous city, remains the epicenter for banking and consulting firms.
Although five California-based companies dropped off the Fortune 500 list this year, the state beat out other competitors because nine companies headquartered there made the cut. Some newcomers include food delivery company Doordash and real estate investment firm Prologis, cleaning product manufacturer Clorox, and software company Workday.
Fortune 500 companies based in California
Apple, Cupertino CA, No. 3
Alphabet, Mountain View California, No. 8
Chevron, San Ramon California, No. 15
Meta Platforms, Menlo Park California, No. 30
Wells Fargo, San Francisco California, No. 34
Walt Disney, Burbank California, No. 47
Nvidia, Santa Clara California, No. 65
TD Synnex, Fremont California, No. 71
Cisco Systems, San Jose California, No. 74
Intel, Santa Clara California, No. 79
HP, Paolo Alto California, No. 82
Uber Technologies, San Francisco California, No. 113
Qualcomm, San Francisco California, No. 117
Broadcom, Paolo Alto California, No. 118
Salesforce, San Francisco California, No. 123
Molina Healthcare, Long Beach California, No. 128
Netflix, Los Gatos California, No. 131
Visa, San Francisco California, No. 135
PayPal Holdings, San Jose California, No. 145
Amgen, Thousand Oaks California, No. 151
Gilead Sciences, Foster City California, No. 154
Applied Materials, Santa Clara California, No. 158
PG&E, Oakland California, No. 167
Live Nation Entertainment, Beverly Hills California, No. 179
Advanced Micro Devices, Santa Clara California, No. 181
Block, Oakland California, No. 186
Ross Stores, Dublin California, No. 201
Adobe, San Jose California, No. 210
Lam Research, Fremont California, No. 237
Sempra, San Diego California, No. 246
Edison International, Rosemead California, No. 250
Farmers Insurance Exchange, Woodland Hills California, No. 273
Gap, San Francisco California, No. 278
Pacific Life, Newport Beach California, No. 282
Intuit, Mountain View California, No. 297
Western Digital, San Jose California, No. 334
KLA, Milpitas California, No. 382
eBay, San Jose California, No. 390
LPL Financial Holdings, San Diego California, No. 392
Airbnb, San Francisco California, No. 396
Chipotle Mexican Grill, Newport Beach California, No. 399
A-Mark Precious Metals, El Segundo California, No. 421
ServiceNow, Santa Clara California, No. 432
Sanmina, San Jose California, No. 433
DoorDash, San Francisco California, No. 443
Equinix, Redwood City California, No. 456
Prologis, San Francisco California, No. 463
Skechers U.S.A., Manhattan Beach California, No. 465
Franklin Resources, San Mateo California, No. 468
Williams-Sonoma, San Francisco California, No. 474
Electronic Arts, Redwood City California, No. 482
Clorox, Oakland California, No. 485
Workday, Pleasanton California, No. 490
Monster Beverage, Corona California, No. 496
Intuitive Surgical, Sunnyvale California, No. 497
Super Micro Computer, San Jose California, No. 498
Concentrix, Newark California, No. 499
