Arizona, August 18, 2025
News Summary
A total of 137 Arizona-based companies earned places on the Inc. 5000 list, which ranks private U.S. firms by percentage revenue growth over a recent three-year span. The honorees span tech, healthcare, retail, finance and construction, with a notable share of builders, specialty contractors, manufacturers and service firms from Phoenix-area communities and beyond. Selected construction companies reported strong multi-year growth and several made their first appearance. The results spotlight shifting demand and investment in local construction markets and may signal hiring, capacity expansion and partnership opportunities for industry stakeholders.
137 Arizona Firms Named to the 2025 Inc. 5000; Construction Companies Make a Strong Showing
A total of 137 Arizona-based companies earned spots on the 2025 Inc. 5000 list, the annual ranking of the nation’s fastest-growing private companies. The list ranks firms by percentage revenue growth from 2021 to 2024 and includes a wide range of industries. Among the Arizona honorees, construction firms and construction-adjacent businesses stand out for steady gains across contracting, homebuilding, specialty trades and related manufacturing.
Top construction-related entries and first-timers
A number of local construction firms posted notable three-year growth and several made the list for the first time. Professional Piping Systems (PPS) appears at No. 4,126 with 86% revenue growth. The firm is described as a leader in industrial and commercial mechanical contracting, fabrication, coatings, engineering and project management, and this marks its first appearance on the list.
Other construction and building-focused Arizona companies on the list include:
- Cambridge Companies — No. 953, 449% growth, Construction, Scottsdale
- Nexstar Homes — No. 1,033, 416% growth, Construction, Chandler
- United Tiny Homes — No. 1,467, 297% growth, Construction, Goodyear
- Nox Group — No. 1,618, 270% growth, Construction, Phoenix
- Advocate – Residential Construction Advisors — No. 2,292, 187% growth, Construction, Scottsdale
- A Finer Touch Construction — No. 2,758, 151% growth, Construction, Scottsdale
- Design Drywall West — No. 3,431, 114% growth, Construction, Tempe
- Raegan Ford Design — No. 3,516, 111% growth, Construction, Scottsdale
- Canyon State electric — No. 3,871, 96% growth, Construction, Phoenix
- AIR CONTROL AIR CONDITIONING — No. 3,956, 93% growth, Construction, Lake Havasu City
- LGE Design Build — No. 4,158, 85% growth, Construction, Phoenix
- Image Building System — No. 4,397, 75% growth, Construction, Tempe
How the list is compiled and who qualifies
Companies on the 2025 list are ranked by percentage revenue growth over three years, from 2021 to 2024. To qualify, a company must have been founded and generating revenue by March 31, 2021. Firms must be U.S.-based, privately held, for-profit and independent (not subsidiaries or divisions) as of December 31, 2024. Minimum revenue thresholds apply: at least $100,000 in 2021 and at least $2 million in 2024. Organizers note that some firms on the list may have gone public or been acquired since the cutoff date.
Local cross-sector context
Construction companies shared the stage with fast-growing firms in software, financial services, healthcare, manufacturing and retail. High-growth examples from Arizona include technology and creative firms ranked in the top 150, along with a range of midsize and smaller firms across the state. Several manufacturing and engineering firms that supply construction and industrial projects also made the list, reflecting demand in building systems, fabrication and specialty trades.
Some Arizona firms highlighted broader business moves tied to growth. One advanced thermal management firm appears at No. 4,235 with an 81% three-year revenue increase and reported plans to expand operations into a larger facility. A custom PC manufacturer from Arizona ranks among the state’s fastest-growing companies and operates retail locations as well as nationwide shipping of custom systems. These instances underline that growth in construction often links to broader supply chains, manufacturing and specialized services.
Why the construction presence matters
The number and range of construction-related entrants show that contractors, homebuilders, specialty trades and construction suppliers are expanding revenue at a pace that earns national recognition. For the local economy, these gains can mean more hiring, larger project capacity and deeper supply-chain ties. The list also highlights first-time honorees, pointing to firms that have scaled quickly in recent years.
Events and next steps
The annual program celebrates high-growth private businesses and also features an event later in the year where honorees are recognized. The top-ranked companies are profiled in an upcoming publication edition tied to the program. For businesses and contractors, inclusion often brings broader visibility with potential partners, clients and suppliers.
FAQ
Q: How are companies ranked on the 2025 list?
A: Rankings are based on percentage revenue growth from 2021 to 2024.
Q: What are the qualification rules?
A: Firms must have been founded and generating revenue by March 31, 2021; be U.S.-based, privately held, for-profit and independent as of December 31, 2024. Minimum revenues were $100,000 in 2021 and $2 million in 2024.
Q: How many Arizona companies made the 2025 list?
A: One hundred thirty-seven Arizona companies earned rankings on the 2025 list.
Q: Which construction companies from Arizona made the list?
A: Construction firms appearing on the list include Professional Piping Systems, Cambridge Companies, Nexstar Homes, United Tiny Homes, Nox Group, Advocate – Residential Construction Advisors, A Finer Touch Construction, Design Drywall West and others, with growth rates ranging from roughly 75% up to more than 400% for construction-related firms and suppliers.
Q: Does inclusion mean a company is public or sold?
A: Not necessarily. The ranking covers privately held companies as of the end of 2024; some companies may have gone public or been acquired after that date.
Key Features at a Glance
| Feature | Detail |
|---|---|
| Total Arizona firms | 137 companies |
| Ranking basis | Percentage revenue growth from 2021 to 2024 |
| Construction highlights | Multiple contractors, homebuilders, and specialty trades listed, including several first-time honorees |
| Qualification rules | Founded and generating revenue by Mar 31, 2021; U.S.-based, privately held, for-profit, independent as of Dec 31, 2024; 2021 revenue minimum $100,000; 2024 minimum $2M |
| Local implications | Growth can drive hiring, capacity expansion, and stronger supply chains for regional construction projects |
Deeper Dive: News & Info About This Topic
Additional Resources
- AZ Big Media: 137 Arizona Companies Named to the 2025 Inc. 5000 List
- Wikipedia: Inc. 5000
- AZ Big Media: 136 Arizona Companies Make Inc. 5000 List for 2024
- Google Search: Inc. 5000 Arizona 2024
- AZCentral Press Release: CoreStack Recognized Again by Inc. 5000
- Google Scholar: CoreStack Inc 5000
- Inc.: America Needs More Housing — This Small Business Has the Answer
- Encyclopedia Britannica: housing shortage (search)
- Inc.: 9 Companies in Phoenix Named Best Workplaces 2025
- Google News: Phoenix best workplaces 2025
Author: Construction TX News
TEXAS STAFF WRITER The TEXAS STAFF WRITER represents the experienced team at constructiontxnews.com, your go-to source for actionable local news and information in Texas and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Texas Construction Expo, major infrastructure unveilings, and advancements in construction technology showcases. Our coverage extends to key organizations like the Associated General Contractors of Texas and the Texas Building Branch, plus leading businesses in construction and real estate that power the local economy such as Austin Commercial and CMiC Global. As part of the broader network, including constructioncanews.com, constructionnynews.com, and constructionflnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.
