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Bars over time

Federal Grants to For-Profit Companies

Grant obligations to for-profit recipients, with and without Amtrak, $ billions, federal fiscal years

All for-profit recipients: $32.9B in 2025the highest in data back to 2008+$29.2B since 2008
All for-profit recipientsExcluding Amtrak

Plays the chart through its history. Pauses are where the data set a record or moved most.

All for-profit recipients · Continuation · the recent trend, flattening · 3 years

Excluding Amtrak · Continuation · the recent trend, flattening · 3 years

Faint bars: the projected periods. Whiskers: the range about two in three outcomes land in. A projection, not a promise.

USAspending.gov: grant obligations (block, formula and project grants, cooperative agreements) to Business recipients (small businesses and other for-profit organizations), net of deobligations, by federal fiscal year. Amtrak, a federally chartered for-profit corporation, is reported in this group. Obligations are commitments, not cash paid out. The newest fiscal year still rises as late reports arrive. Contracts, loans and tax credits are not grants and are not included.

How much the federal government pays companies in grants, as opposed to contracts. Amtrak takes a large share in recent years, so the second bar leaves it out.

What this chart reads

Sources

Federal Grants to For-Profit Companies (Annual). Source: USAspending.gov (U.S. Department of the Treasury), award search API: spending over time and spending by awarding agency, grant award types 02 to 05, recipient type Business. Federal award data is a U.S. government work (17 U.S.C. 105), public domain. Source: USAspending.gov.

Federal Grants to For-Profit Companies Excluding Amtrak. Source: USAspending.gov (U.S. Department of the Treasury), award search API: spending over time and spending by awarding agency, grant award types 02 to 05, recipient type Business. Federal award data is a U.S. government work (17 U.S.C. 105), public domain. Source: USAspending.gov.

Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.

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