Turner Construction continued to ride the data center construction wave to higher revenues and backlog during the first quarter of 2026.
The New York City-based contractor’s first-quarter revenue reached $7.7 billion, a 25% increase from a year ago, according to a Wednesday announcement. Results were bolstered by $48.9 billion in backlog, a 34% year-over-year jump. Backlog was also up about 10% sequentially, besting the $44.3 billion the firm reported at the end of 2025.
New orders totaled $12.1 billion during the quarter, up 48% from the same period in 2025. Turner has won 10 projects with values anticipated to exceed $1 billion each so far in 2026, more than its full-year 2025 total for billion-dollar projects.
The firm, which is not traded publicly but is a part of Europe-based public companies ACS and Hochtief, said that growth in the quarter was driven primarily by data centers, with commercial and healthcare projects also contributing to its numbers.
“Our first quarter results demonstrate both the impact of our work and the strength of our culture,” Peter Davoren, Turner chairman and CEO, said in the release. “We are delivering increasingly complex projects, bringing an expanded range of services and capabilities to each assignment, and we do so by fostering an environment where every individual is treated with respect and dignity.”
The continued momentum in data center construction tracks for the firm, which is building, along with Minneapolis-based Mortenson, a $10 billion data center for Meta in Lebanon, Indiana. It also signed on for a $6 billion CoreWeave facility in Lancaster, Pennsylvania, in a joint venture with local builder Wohlsen Construction. And in March, it said it topped out the IAD-06 Data Center in Frederick, Maryland, five months after breaking ground.
Beyond data centers, however, the company noted wins in the commercial space, a sector that has seen some tougher sledding amid higher interest rates and developer uncertainty. Turner won a $500 million mixed-use development in Orlando, Florida, earlier this month. It’s also one of the contractors on the $10 billion One Beverly Hills project in Los Angeles.
The firm has also benefited from a robust healthcare market. In March, the company said it had started vertical construction on a $900 million hospital project in Pennsylvania. And earlier in May, it marked the topping out of the $2.2 billion Henry Ford Hospital expansion in Detroit.
Last week, Turner emerged as the construction industry’s largest contractor by revenue for the sixth consecutive year, according to Engineering News-Record’s Top 400 List.
