Arizona Construction Firms Prominent on Inc. 5000 List

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 Companies Land on the Annual 5,000 Fastest-Growing Private Companies List; More Than a Dozen Construction Firms Recognized

Key takeaway: A total of 137 Arizona-based companies were included on this year’s annual list of the 5,000 fastest-growing private U.S. companies, driven by percentage revenue growth measured from 2021 through 2024. Among those, more than a dozen firms tied to the construction and built-environment sectors earned spots, including general contractors, home builders, specialty trades, and construction services firms.

Top facts up front

• The ranking is based on percentage revenue growth between 2021 and 2024, with submission and eligibility rules requiring companies to have been founded and generating revenue by March 31, 2021, and to have been privately held, U.S.-based, for-profit and independent as of December 31, 2024.
• Minimum revenue thresholds applied for qualification (minimum 2021 revenue and minimum 2024 revenue apply under the list methodology).
• Several Arizona construction-related firms made the list for the first time this year, and others continued multi-year appearances.

Construction sector highlights from Arizona

Local companies tied to construction and related trades appeared across the ranking, from the top half of the list to near the bottom, showing a wide spread of growth rates. Notable construction entries include:

• Cambridge Companies at no. 953 with roughly 449 percent growth (Scottsdale)
• Nexstar Homes at no. 1,033 with about 416 percent growth (Chandler)
• United Tiny Homes at no. 1,467 with 297 percent growth (Goodyear)
• Nox Group at no. 1,618 with 270 percent growth (Phoenix)
• Advocate – Residential Construction Advisors at no. 2,292 with 187 percent growth (Scottsdale)
• A Finer Touch Construction at no. 2,758 with 151 percent growth (Scottsdale)
• Design Drywall West at no. 3,431 with 114 percent growth (Tempe)
• Canyon State Electric at no. 3,871 with 96 percent growth (Phoenix)
• LGE Design Build at no. 4,158 with 85 percent growth (Phoenix)
• Professional Piping Systems (PPS) at no. 4,126 with 86 percent growth (Tempe) — this entry marks a first-time appearance for the Phoenix-area mechanical contracting and fabrication firm.
• Image Building System at no. 4,397 with 75 percent growth (Tempe)

What the local construction figures mean

These placements show that growth in the construction ecosystem is occurring across multiple niches — residential builders, specialty contractors, and firms offering engineering, fabrication and project management services all showed measurable revenue gains. Some firms posted multi-hundred percent increases, while others achieved steady double-digit to triple-digit gains that still qualify them for recognition on the list.

Other Arizona standouts and context

Beyond construction, Arizona companies from software, financial services, healthcare, manufacturing, and advertising also featured across the ranking range. Examples include firms with very large percentage gains near the top of the list and others with more modest gains further down.

Companies reporting their own reactions framed inclusion as a milestone tied to business model validation, customer demand, and team effort. Several first-time honorees noted that the listing reflects recent investments in operations, workforce and facilities intended to support continued growth.

Eligibility and methodology — what guided the rankings

The list ranks companies by percentage revenue growth over a three-year period (2021–2024). To be eligible, a firm must have been generating revenue by March 31, 2021, and must have met minimum revenue thresholds in 2021 and 2024. Eligible firms must be U.S.-based, privately held, for-profit and independent as of the end of 2024. The ranking offers a snapshot of entrepreneurial growth across the country and is commonly used by business leaders and investors to identify fast-scaling firms and emerging market trends.

Events and recognition

Organizers of the annual ranking host a conference and gala in the autumn to celebrate honorees. The top segment of the list is typically featured in a fall publication tied to the ranking, while a searchable database of all honorees provides more detail about industry, hometown and exact growth rates.

Why construction leaders should pay attention

For construction companies and their supply-chain partners, the list can signal rising competitors, potential partners, and investment trends. Rapidly growing contractors often expand hiring, invest in equipment and facilities, and deepen specialization — developments that can affect local subcontractor markets, material sourcing and workforce pipelines.

FAQ

Key features of this report

Feature	Detail
Total Arizona honorees	137 companies
Ranking basis	Percentage revenue growth from 2021 to 2024
Construction sector entries	More than a dozen firms across builders, trades and services
Notable local construction rankings	Cambridge Companies (no. 953), Nexstar Homes (no. 1,033), Professional Piping Systems (no. 4,126), among others
Eligibility highlights	Founded and revenue by 3/31/2021; privately held; minimum revenue thresholds; independent as of 12/31/2024
Timing for related events	Annual conference and gala in October; fall publication featuring the top segment of the list

Bottom line: Arizona’s appearance on the annual 5,000 fastest-growing private companies list spans sectors and growth scales, with the construction cluster demonstrating both rapid expansions and steady mid-range growth. For contractors, suppliers and investors, the list provides a practical snapshot of which local firms are scaling and where demand is concentrated.

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