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.
Arizona Construction Firms Make Strong Showing on the 2025 Inc. 5000 Growth List
A total of 137 Arizona-based companies were named to the 2025 list ranking the nation’s fastest-growing private firms, and construction-related businesses account for a notable portion of those honorees. The ranking is based on percentage revenue growth between 2021 and 2024 and highlights a mix of first-time entrants and repeat performers from across the state.
Top-line context
The list ranks companies by three-year revenue growth. To qualify, firms had to be founded and generating revenue by March 31, 2021, and remain U.S.-based, privately held, for-profit and independent as of December 31, 2024. Minimum revenue thresholds applied for the base and end years. The ranked group includes companies spanning construction, manufacturing, software, healthcare and many other industries.
Construction sector highlights
Arizona construction firms on the list range from specialty contractors to home builders and design-build firms. Several entries reflect rapid expansion in residential, commercial and industrial services:
- Professional Piping Systems (PPS) earned a first-time placement at No. 4,126, showing 86% growth over the three-year window. The company is described as a leader in industrial and commercial mechanical contracting, fabrication, coatings, engineering and project management.
- Cambridge Companies appears at No. 953 as a construction entry based in Scottsdale.
- Nexstar Homes sits at No. 1,033 with 416% growth, listed under construction and headquartered in Chandler.
- United Tiny Homes ranks No. 1,467 with 297% growth and is based in Goodyear.
- Nox Group appears at No. 1,618 with 270% growth, listed under construction in Phoenix.
- Other construction-related firms appearing across the list include Advocate – Residential Construction Advisors (No. 2,292), A Finer Touch Construction (No. 2,758), Design Drywall West (No. 3,431), Raegan Ford Design (No. 3,516), Canyon State electric (No. 3,871), LGE Design Build (No. 4,158) and Image Building System (No. 4,397).
Notable cross-sector companies tied to construction work
Several companies serving construction and real estate markets also made the list. Examples include Suncrest (real estate), Arizona Land Consulting (real estate), JMG Real Estate and The Carin Nguyen Real Estate Network. These firms show that both trade contractors and adjacent professional services are experiencing rapid expansion in Arizona.
Growth signals and first-time entries
The list contains a mix of long-established businesses that scaled quickly and first-time honorees. Professional Piping Systems and Air2O are explicitly noted as making their first appearances. Some firms showed triple- and quadruple-digit percentage gains, while many construction firms reported solid mid- to high-double-digit gains over the three-year span.
Wider industry backdrop
Beyond construction, Arizona companies in software, healthcare, finance and manufacturing also populated the rankings. Standouts across the state include firms in advertising and software with very high growth percentages, and financial and health-management companies that returned to the list or secured repeat recognition. A number of manufacturing and logistics firms supporting construction and infrastructure work were also included.
Events and resources
The ranked companies are slated to be celebrated at a national conference and gala scheduled for October 22–24, 2025 in Phoenix, where the top 500 honorees will receive additional profile coverage later in the year. Full company profiles and a searchable database by industry and location are available on the organizer’s public listing for the annual ranking.
What this means for local construction markets
The presence of many construction-related companies on the growth list suggests ongoing demand across housing, commercial buildouts and specialized industrial projects. Rapid expansion among contract services, design-build firms, specialty fabricators and home builders points to continued hiring, subcontracting opportunities and supply-chain activity in Arizona.
Data notes and methodology summary
Rankings are calculated by percentage revenue growth from 2021 to 2024. Qualification required that companies be in operation and earning revenue by March 31, 2021, and meet independence and private-company criteria as of December 31, 2024. Reported minimum revenues applied for the base and end years. Some entries on the public list include minor typographical anomalies in their published hometowns or labels.
Frequently Asked Questions
How many Arizona companies made the 2025 list?
One hundred thirty-seven Arizona-based companies were included in the 2025 ranking.
How are rankings determined?
Rankings are based on percentage revenue growth between 2021 and 2024, with minimum revenue thresholds for the base and final years.
What were the criteria to qualify?
Companies had to be founded and generating revenue by March 31, 2021, be U.S.-based, privately held, for-profit and independent as of December 31, 2024.
Which Arizona construction firms stood out?
Construction sector entries included Professional Piping Systems, Cambridge Companies, Nexstar Homes, United Tiny Homes, Nox Group and several specialty contractors and design-build firms across the state.
Where can I find the full list and company profiles?
The organizer’s public database provides the full ranked list, individual company profiles and a searchable index by industry and location.
Key Features at a Glance
| Feature | Detail |
|---|---|
| Total Arizona companies | 137 |
| Ranking basis | Percentage revenue growth from 2021 to 2024 |
| Construction sector examples | Professional Piping Systems, Nexstar Homes, Cambridge Companies, United Tiny Homes, Nox Group, LGE Design Build, and others |
| Notable first-time entries (construction) | Professional Piping Systems, Air2O (industrial thermal management) |
| Event | National conference & gala in Phoenix, Oct 22–24, 2025 |
| Where to view details | Organizer’s public listing and searchable database by industry and location |
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 NY News
NEW YORK STAFF WRITER The NEW YORK STAFF WRITER represents the experienced team at constructionnynews.com, your go-to source for actionable local news and information in New York 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 New York Build Expo, infrastructure breakthroughs, and cutting-edge construction technology showcases. Our coverage extends to key organizations like the Associated General Contractors of New York State and the Building Trades Employers' Association, plus leading businesses in construction and real estate that power the local economy such as Turner Construction Company and CMiC Global. As part of the broader network, including constructioncanews.com, constructiontxnews.com, and constructionflnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.
