How many employees work at Material?
Material LLC has approximately 1,173 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Material's total headcount has declined 2.9% from 1,208 employees in 2023 to 1,173 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
Is Material hiring right now?
Yes, Material is actively hiring. Material had 626 active job postings in 2026, a 81.2% decline from 2025 — see job openings & hiring trends.
About Material's Workforce
Material LLC is a Financial Services company that employs 1,173 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 1900, the company is headquartered in New York City, New York.
Material's workforce has declined 2.9% from 2023 to 2026, down 2.8% year over year in 2026. It fell to a low of 1,161 in 2024 Q1 before recovering. Its workforce is concentrated most in the United States (53.6%), followed by India (35.2%) and the United Kingdom (1.6%), with Nigeria, its fastest-growing location.
Material's largest functional groups are Finance and Operations (50.6%), Engineering (29.6%), and Sales and Marketing (19.7%), with Sales and Marketing growing fastest (up 2.2%). Median employee tenure is 2.5 years. The average salary is $97,657, ranging from a median of $160,000 in Northern Europe to $7,000 in Sub-Saharan Africa.
Material's active job postings fell 81.2% in 2026 to 626, with new postings per month cooling from 219 in 2023 to 188 in 2026. Overall employee sentiment is neutral but declining.
Sourced from Revelio Labs workforce data.
As of March 2026
Material
workforce metrics
Headcount
1.2k
2.8% YoY
Avg. Salary
$97.7k
0.9% YoY
Tenure
2.5yr
0.3yr YoY
Growth Rate
-2.8%
4.0pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Material. Compare to peers, export the dataset, and access the full quarterly history.
- Material had 1,173 employees in 2026, a 2.8% decline (-51) from 2025.
- Material had 1,200 employees in 2025, a 3.7% decline (-56) from 2024.
- Material had 1,256 employees in 2024, a 0.9% increase (+31) from 2023.
- Material had 1,225 employees in 2023, a 7.1% decline (-98) from 2022.
Material's total workforce has declined from 1,208 employees in 2023 to 1,173 in 2026. Material's headcount peaked at 1,256 in 2024.
Material LLC — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 1,173 | -51 | -2.8% |
| 2025 | Q4 | 1,200 | -56 | -3.7% |
| 2025 | Q3 | 1,196 | -31 | -2.9% |
| 2025 | Q2 | 1,243 | +59 | -0.1% |
| 2025 | Q1 | 1,224 | +63 | +1.3% |
| 2024 | Q4 | 1,256 | +31 | +0.9% |
| 2024 | Q3 | 1,227 | +17 | +0.3% |
| 2024 | Q2 | 1,184 | -24 | -1.8% |
| 2024 | Q1 | 1,161 | -136 | -7.1% |
| 2023 | Q4 | 1,225 | -98 | -7.1% |
| 2023 | Q3 | 1,210 | -116 | -8.2% |
| 2023 | Q2 | 1,208 | -63 | -7.1% |
Want to see Material's complete headcount history back to 2008, including quarterly breakdowns?
The United States accounts for the largest share of Material's global workforce with approximately 54% of total employees, followed by India and the United Kingdom.
Material employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| United States | 612 | 53.6% | -5.6% |
| India | 402 | 35.2% | -0.9% |
| United Kingdom | 18 | 1.6% | -11.1% |
| Nigeria | 13 | 1.2% | +0.0% |
| Australia | 12 | 1.1% | -1.2% |
| Brazil | 11 | 0.9% | +0.0% |
| Indonesia | 8 | 0.7% | -23.9% |
| Iran | 6 | 0.5% | +0.0% |
| Japan | 6 | 0.5% | +0.0% |
| South Africa | 5 | 0.4% | -12.6% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Material's largest employee groups are Finance and Operations (50.6%), Engineering (29.6%), and Sales and Marketing (19.7%).
Material employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 588 | 50.6% | -5.0% |
| Engineering | 344 | 29.6% | -6.2% |
| Sales and Marketing | 229 | 19.7% | +2.2% |
Compare Material's department mix to industry peers.
Material's average employee salary is $97,657 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 1.6x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $7,000.
Material median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $160,000 |
| Northern America | $158,000 |
| Pacific Islands | $129,000 |
| Eastern Asia | $88,000 |
| Eastern Europe | $34,000 |
| Arab States | $28,000 |
| Central America and the Caribbean | $19,000 |
| Southern Asia | $19,000 |
| South-Eastern Asia | $10,000 |
| Sub-Saharan Africa | $7,000 |
| Southern America | $7,000 |
Unlock salary by role, level, and city — and compare to Material's industry peers.
- Material had 626 active job postings in 2026, a 81.2% decline (-81) from 2025.
- Material had 707 active job postings in 2025, a 76.8% decline (-882) from 2024.
- Material had 1,589 active job postings in 2024, a 47.6% increase (+611) from 2023.
- Material had 978 active job postings in 2023, a 105.0% decline from 2022.
- Hiring velocity in 2026: 188 new roles/month, down from 350 in 2025 and 410 in 2024. New metric
Material's hiring is slowing: active job postings fell 81.2% in 2026 to 626, with new postings per month cooling from 219 in 2023 to 188 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Material's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Financial Services Companies by Employee Count
- How fast is Material growing?
- In 2026, Material's headcount shrank 2.8% to 1,173 employees, down from 1,224 in 2025.
- Where are Material employees located?
- Most Material employees are based in the United States (53.6% of headcount), followed by India and the United Kingdom.
- What is the average salary at Material?
- The average employee salary at Material is approximately $97.7k per year.
- How many people does Material hire per year?
- In 2026, Material opened roughly 2,256 new roles — about 188 per month.
- When was Material founded and where is it headquartered?
- Material was founded in 1900 and is headquartered in New York City, New York.
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