How many employees work at Material?
Material LLC has approximately 1,223 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Material’s total headcount has declined 2.1% from 1,250 employees in 2023 to 1,223 in 2026.
Is Material hiring right now?
Yes, Material is actively hiring. Material had 611 active job postings in 2026, a 81.9% decline from 2025 — see job openings & hiring trends.
About Material’s Workforce
Material LLC is a Financial Services company that employs 1,223 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 2.1% from 2023 to 2026, down 2.8% year over year in 2026. It fell to a low of 1,203 in 2024 Q1 before recovering. Its workforce is concentrated most in North America (52.8%), followed by South Asia (35.7%) and Sub-Saharan Africa (3.3%).
Material's functional groups are Finance and Operations (50.6%), Engineering (29.9%), and Sales and Marketing (19.5%), with Sales and Marketing growing fastest (up 1.9%). The average salary is $95,210, ranging from a median of $160,000 in Northern Europe to $7,000 in Sub-Saharan Africa, down 1.6% year over year in 2026.
Material's active job postings fell 81.9% in 2026 to 611, with new postings per month cooling from 216 in 2023 to 183 in 2026. Overall employee sentiment is neutral but declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- New York City, New York
- Founded
- 1900
- Industry
- Financial Services
- Employees
- 1,223
- YoY
- -2.8% (-48)
As of March 2026
Material workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Material. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsMaterial Annual Employee Count (2023-2026)
- Material had 1,223 employees in 2026, a 2.8% decline (-48) from 2025.
- Material had 1,248 employees in 2025, a 3.6% decline (-55) from 2024.
- Material had 1,303 employees in 2024, a 0.9% increase (+38) from 2023.
- Material had 1,265 employees in 2023, a 6.8% decline (-101) from 2022.
Material's total workforce has declined from 1,250 employees in 2023 to 1,223 in 2026. Material's headcount peaked at 1,303 in 2024.
Material LLC quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 1,223 | -48 | -2.8% |
| 2025 | Q4 | 1,248 | -55 | -3.6% |
| 2025 | Q3 | 1,242 | -31 | -2.8% |
| 2025 | Q2 | 1,289 | +53 | -0.4% |
| 2025 | Q1 | 1,271 | +68 | +1.2% |
| 2024 | Q4 | 1,303 | +38 | +0.9% |
| 2024 | Q3 | 1,273 | +22 | +0.1% |
| 2024 | Q2 | 1,236 | -14 | -1.2% |
| 2024 | Q1 | 1,203 | -136 | -6.7% |
| 2023 | Q4 | 1,265 | -101 | -6.8% |
| 2023 | Q3 | 1,251 | -119 | -7.7% |
| 2023 | Q2 | 1,250 | -61 | -6.8% |
See Material's complete headcount history, including quarterly breakdowns.
Get the DataMaterial Employee Count by Region (2026)
North America accounts for the largest share of Material's global workforce with approximately 53% of total employees, followed by South Asia and Sub-Saharan Africa.
Material employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 631 | 52.8% |
| South Asia | 427 | 35.7% |
| Sub-Saharan Africa | 39 | 3.3% |
| Northern Europe | 21 | 1.8% |
| Southeast Asia | 17 | 1.4% |
| Pacific Islands | 14 | 1.2% |
| South America | 13 | 1.1% |
| Central America and the Caribbean | 10 | 0.8% |
| East Asia | 10 | 0.8% |
| Arab States | 4 | 0.3% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataMaterial Employee Count by Department (2026)
Material's employee groups are Finance and Operations (50.6%), Engineering (29.9%), and Sales and Marketing (19.5%).
Material employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 612 | 50.6% |
| Engineering | 362 | 29.9% |
| Sales and Marketing | 236 | 19.5% |
Compare Material's department mix to industry peers.
See Full DataMaterial Employee Salary by Region (2026)
Material's average employee salary is $95,210 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 1.7x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $7,000.
Material median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $160,000 |
| North America | $158,000 |
| Pacific Islands | $129,000 |
| East Asia | $55,000 |
| Western Europe | $55,000 |
| Eastern Europe | $34,000 |
| South Asia | $19,000 |
| Southeast Asia | $11,000 |
| Central America and the Caribbean | $10,000 |
| Sub-Saharan Africa | $7,000 |
| South America | $6,000 |
Unlock salary by role, level, and city — and compare to Material's industry peers.
Unlock Salary DataMaterial Job Openings and Hiring Trends (2023-2026)
- Material had 611 active job postings in 2026, a 81.9% decline (-77) from 2025.
- Material had 688 active job postings in 2025, a 78.1% decline (-882) from 2024.
- Material had 1,570 active job postings in 2024, a 48.6% increase (+614) from 2023.
- Material had 956 active job postings in 2023, a 106.1% decline from 2022.
- Hiring velocity in 2026: 183 new roles/month, down from 344 in 2025 and 404 in 2024.
Material's hiring is slowing: active job postings fell 81.9% in 2026 to 611, with new postings per month cooling from 216 in 2023 to 183 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataMaterial Employee Sentiment (2026)
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.
Unlock SentimentSimilar Companies
Similar Financial Services Companies by Employee Count
Frequently Asked Questions About Material
- How fast is Material growing?
- In 2026, Material's headcount shrank 2.8% to 1,223 employees, down from 1,271 in 2025.
- See the full headcount history
- Where are Material employees located?
- Most Material employees are based in North America (52.8% of headcount), followed by South Asia and Sub-Saharan Africa.
- Explore where the workforce is based
- What is the average salary at Material?
- The average employee salary at Material is approximately $95.2k per year.
- Analyze the salary distribution
- How many new job postings does Material open per year?
- In Q1 2026, Material opened 548 new job postings. In 2025, Material opened 4,132 new job postings — about 344 per month.
- Track hiring trends by role
- When was Material founded and where is it headquartered?
- Material was founded in 1900 and is headquartered in New York City, New York.
- Compare Material to industry peers
Speak with a workforce expert about Material.
Book a DemoSee something that doesn't look right? Reach out and our team will review it.