This study addressed three goals related to better understanding the factors that contribute to female sexual satisfaction: (a) exploring differences in factors that contribute to perceptions of sexual satisfaction among women with varying sexual identities, (b) evaluating an existing measure of sexual satisfaction among women with diverse sexual identities, and (c) developing potential items for a future expanded measure of the factors contributing to sexual satisfaction. Participants were 996 heterosexual women, 333 bisexual women, and 204 lesbians. They completed an online survey that included a demographic questionnaire, an item measuring sexual satisfaction, an open-ended question about factors contributing to sexual satisfaction, the newly-developed Potential Sexual Satisfaction Factors, and the New Sexual Satisfaction Scale (NSSS). A multinomial regression, an internal consistency analysis, and qualitative analyses were performed to examine the three research questions. Several important differences in factors related to sexual satisfaction were found as a function of sexual identity. In particular, several of the factors that contributed to bisexual women's sexual satisfaction were different than those that contributed to heterosexual and lesbian women's satisfaction. These findings point to the importance of considering sexual identity when researching sexual satisfaction and when providing interventions to improve sexual satisfaction.