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 Named to the 2025 Inc. 5000 List; Several Local Construction Firms Stand Out
Quick take: 137 Arizona-based firms earned spots on the 2025 Inc. 5000 list, which ranks private U.S. companies by percentage revenue growth over the three-year span from 2021 to 2024. The list includes a wide mix of industries, and a notable share of construction-related businesses from across the state appeared among the fast growers.
What the ranking measures and who qualifies
The ranking is based on percentage revenue growth from 2021 to 2024. To qualify a business must have been founded and already earning revenue by March 31, 2021. Eligible firms must be U.S.-based, privately held, for-profit, and independent (not a subsidiary or division) as of December 31, 2024. Minimum revenue thresholds were also set: at least $100,000 in 2021 and at least $2 million in 2024.
Top-level context for Arizona
Arizona entries on the list span tech, healthcare, retail, financial services, and construction. Among the highest local growth rates were advertising and software firms, but construction companies of various sizes also made the list, from builders and design-build shops to specialty trades and manufacturers that serve the built environment. Several firms reported their first appearance on the list in 2025.
Notable construction-related companies and rankings
The list includes established builders, specialty contractors, and construction service firms from Phoenix, Scottsdale, Tempe, Chandler, Goodyear and other Arizona towns. Select construction-related entries and their reported three-year growth rates include:
- Professional Piping Systems (Tempe) — Ranked No. 4,126 with 86% revenue growth; the company reports this is its first time on the list. The firm is described as a leader in industrial and commercial mechanical contracting, fabrication, coatings, engineering, and project management.
- Cambridge Companies (Scottsdale) — Ranked No. 953 with 449% growth and listed in construction.
- Nexstar Homes (Chandler) — Ranked No. 1,033 with 416% growth, listed under construction.
- United Tiny Homes (Goodyear) — Ranked No. 1,467 with 297% growth, categorized as construction.
- Nox Group (Phoenix) — Ranked No. 1,618 with 270% growth, listed as construction.
- Advocate – Residential Construction Advisors (Scottsdale) — Ranked No. 2,292 with 187% growth.
- A Finer Touch Construction (Scottsdale) — Ranked No. 2,758 with 151% growth.
- Design Drywall West (Tempe) — Ranked No. 3,431 with 114% growth.
- Raegan Ford Design (Scottsdale) — Ranked No. 3,516 with 111% growth.
- Canyon State Electric (Phoenix) — Ranked No. 3,871 with 96% growth.
- AIR CONTROL AIR CONDITIONING (Lake Havasu City) — Ranked No. 3,956 with 93% growth.
- LGE Design Build (Phoenix) — Ranked No. 4,158 with 85% growth.
- Image Building System (Tempe) — Ranked No. 4,397 with 75% growth.
Other Arizona businesses with ties to construction supply and services
Beyond pure builders, several firms that supply construction projects or serve built systems also appeared on the list. These include manufacturers, logistics companies, engineering firms, and specialty service providers located across the state.
Why this matters for the construction sector
Companies on the list signal shifting demand and investment in local construction markets. Growing contractors may expand staff, add new trades, or invest in equipment and facilities. Growth among materials suppliers and systems firms can ease pressure on project timelines if capacity keeps pace. On the flip side, fast growth can strain labor pipelines and supply chains unless firms plan ahead.
Timing and next steps for honorees
Inc. will hold a conference and gala for the honorees from October 22–24, 2025, to be hosted in Phoenix. The top 500 companies on the list will also appear in a fall magazine feature. For firms and industry watchers, the list provides a searchable view of honorees by industry and location and can serve as a source for benchmarking and partnership scouting.
Methodology reminders
Remember that the list is based on percentage revenue growth from 2021 to 2024. Minimum revenue floors were required. Also, the roster reflects a specific cutoff date (December 31, 2024) and some companies may have since gone public, been acquired, or otherwise changed status.
Where to find more
This summary highlights construction-related entries among Arizona companies on the 2025 list. A full ranked list by growth percentage, industry and hometown was published alongside the announcement and is available through the list’s searchable database.
FAQ
Q: What does the list measure?
A: The ranking measures percentage revenue growth over the three-year period from 2021 through 2024.
Q: How many Arizona companies made the 2025 list?
A: 137 Arizona-based companies were listed in 2025.
Q: What rules must a company meet to qualify?
A: Companies had to be U.S.-based, privately held, for-profit, independent, and generating revenue by March 31, 2021. Minimum revenues were set for 2021 and 2024.
Q: Which construction firms from Arizona were on the list?
A: Numerous firms made the list. Examples include Professional Piping Systems (Tempe), Cambridge Companies (Scottsdale), Nexstar Homes (Chandler), United Tiny Homes (Goodyear), and others listed earlier in this article.
Q: Are these rankings a guarantee of future success?
A: Rankings show past revenue growth over a specific period. They do not guarantee future performance, but they can indicate companies that have grown quickly and may be expanding operations or hiring.
Key features at a glance
Feature | Detail |
---|---|
Number of Arizona companies | 137 |
Ranking period | Revenue growth from 2021 to 2024 |
Minimum 2021 revenue | $100,000 |
Minimum 2024 revenue | $2,000,000 |
Local construction highlights | Professional Piping Systems, Cambridge Companies, Nexstar Homes, United Tiny Homes, Nox Group, Advocate, A Finer Touch Construction, Design Drywall West, Raegan Ford Design, Canyon State Electric, AIR CONTROL |
Honoree event | October 22–24, 2025 (conference and gala in Phoenix) |
Note: This article summarizes published rankings and company-reported growth figures for 2025 and highlights construction-related entries among Arizona firms. Readers seeking the full ranked list and searchable profiles can consult the list’s official searchable database.
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

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