How many employees work at Theory?

Theory LLC has approximately 1,529 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Theory’s total headcount has declined 10.0% from 1,699 employees in 2023 to 1,529 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is Theory hiring right now?

Yes, Theory is actively hiring. Theory had 7 active job postings in 2026, a 115.2% decline from 2025 see job openings & hiring trends.

About Theory’s Workforce

Theory LLC is an Apparel Retail company that employs 1,529 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1997, the company is headquartered in New York City, New York.

Theory's workforce has declined 10.0% from 2023 to 2026, down 3.8% year over year in 2026. It fell to a low of 1,529 in 2026 Q1 before recovering. Its workforce is concentrated most in North America (65.1%), followed by East Asia (18.7%) and Northern Europe (7.0%).

Theory's functional groups are Finance and Operations (41.4%), Engineering (33.7%), and Sales and Marketing (24.9%). The average salary is $80,662, ranging from a median of $78,000 in North America to $7,000 in Central and Western Asia.

Theory's active job postings fell 115.2% in 2026 to 7, with new postings per month cooling from 14 in 2023 to 8 in 2026. Overall employee sentiment is negative and declining.

Sourced from Revelio Labs workforce data.

Headquarters
New York City, New York
Founded
1997
Industry
Apparel Retail
Employees
1,529
YoY
-3.8% (-85)

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Theory Annual Employee Count (2023-2026)

Interactive chart of Theory annual worldwide employee count from 2023 to 2026.
  • Theory had 1,529 employees in 2026, a 3.8% decline (-85) from 2025.
  • Theory had 1,554 employees in 2025, a 4.4% decline (-70) from 2024.
  • Theory had 1,624 employees in 2024, a 4.4% decline (-100) from 2023.
  • Theory had 1,724 employees in 2023, a 1.8% decline (+35) from 2022.

Theory's total workforce has declined from 1,699 employees in 2023 to 1,529 in 2026.

Theory LLC quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q11,529-85-3.8%
2025Q41,554-70-4.4%
2025Q31,597-31-2.3%
2025Q21,625-15-0.9%
2025Q11,614-82-4.8%
2024Q41,624-100-4.4%
2024Q31,628-77-5.6%
2024Q21,640-59-6.4%
2024Q11,696+4-3.7%
2023Q41,724+35-1.8%
2023Q31,705+26-1.0%
2023Q21,699+28+0.7%

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Theory Employee Count by Region (2026)

North America accounts for the largest share of Theory's global workforce with approximately 65% of total employees, followed by East Asia and Northern Europe.

Theory employees by region

RegionEmployees% of Total
North America99365.1%
East Asia28518.7%
Northern Europe1067.0%
Central and Western Asia281.8%
South Asia231.5%
Southern Europe181.2%
Western Europe161.1%
Pacific Islands120.8%
South America120.8%
Southeast Asia90.6%

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Theory Employee Count by Department (2026)

Theory's employee groups are Finance and Operations (41.4%), Engineering (33.7%), and Sales and Marketing (24.9%).

Theory employees by department

DepartmentEmployees% of Total
Finance and Operations62641.4%
Engineering51033.7%
Sales and Marketing37624.9%

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Theory Employee Salary by Region (2026)

Theory's average employee salary is $80,662 globally. Employees in North America receive the highest compensation. Pay is lowest in Central and Western Asia, at a median of $7,000.

Theory median employee salary by region (USD)

RegionMedian Salary
North America$78,000
Northern Europe$47,000
Western Europe$43,000
Pacific Islands$35,000
Southern Europe$35,000
East Asia$33,000
South America$22,000
Arab States$17,000
Southeast Asia$14,000
South Asia$14,000
Sub-Saharan Africa$7,000
Central and Western Asia$7,000

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Theory Job Openings and Hiring Trends (2023-2026)

Interactive chart of Theory annual active job postings from 2023 to 2026.
  • Theory had 7 active job postings in 2026, a 115.2% decline (-26) from 2025.
  • Theory had 33 active job postings in 2025, a 39.0% decline (-16) from 2024.
  • Theory had 49 active job postings in 2024, a 10.8% increase (+5) from 2023.
  • Theory had 44 active job postings in 2023, a 37.0% decline from 2022.
  • Hiring velocity in 2026: 8 new roles/month, down from 18 in 2025 and 12 in 2024.

Theory's hiring is slowing: active job postings fell 115.2% in 2026 to 7, with new postings per month cooling from 14 in 2023 to 8 in 2026.

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Theory Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Theory's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Theory

How fast is Theory growing?
In 2026, Theory's headcount shrank 3.8% to 1,529 employees, down from 1,614 in 2025.
See the full headcount history
Where are Theory employees located?
Most Theory employees are based in North America (65.1% of headcount), followed by East Asia and Northern Europe.
Explore where the workforce is based
What is the average salary at Theory?
The average employee salary at Theory is approximately $80.7k per year.
Analyze the salary distribution
How many new job postings does Theory open per year?
In Q1 2026, Theory opened 25 new job postings. In 2025, Theory opened 210 new job postings — about 18 per month.
Track hiring trends by role
When was Theory founded and where is it headquartered?
Theory was founded in 1997 and is headquartered in New York City, New York.
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