{"id":34530,"date":"2026-03-04T01:39:14","date_gmt":"2026-03-04T09:39:14","guid":{"rendered":"https:\/\/essential.construction\/news\/data-centers-propelled-turner-to-record-29-2b-in-revenue-in-2025\/"},"modified":"2026-03-04T01:39:14","modified_gmt":"2026-03-04T09:39:14","slug":"data-centers-propelled-turner-to-record-29-2b-in-revenue-in-2025","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/data-centers-propelled-turner-to-record-29-2b-in-revenue-in-2025\/","title":{"rendered":"Data centers propelled Turner to record $29.2B in revenue in 2025"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><br \/>\n        <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/img\/play.svg?313321260226\" alt=\"-\"><br \/>\n        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">3 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/text-to-speech.divecdn.com\/newspost\/813694\/2026-03-03_17.49.33\/turner-2025-annual-report-data-centers.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<h3 class=\"standard-heading\"><span><span><span><span><span>Dive Brief:<\/span><\/span><\/span><\/span><\/span><\/h3>\n<ul>\n<li><span><span><span><span><span><span>Turner Construction reported record financials for 2025 on the back of hyperscaler data center builds and marquee stadium projects.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>The privately held company reported <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.turnerconstruction.com\/insights\/turner-achieves-record-revenue-and-backlog-in-2025\" target=\"_blank\"><span><span><span><span><span><span><span><span>$29.2 billion in revenue for 2025<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, a 40% increase from 2024, according to the company\u2019s annual report released Tuesday. New York City-based Turner\u2019s figures bolster its status as the <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/top-commercial-contractors-2025-revenue-enr\/749244\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>largest contractor in the U.S. by revenue<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>Turner also shared that its project backlog grew 34% year over year to $44.3 billion, representing the highest year-end backlog in its history. Data center projects reflected approximately 37% of backlog and continue to expand, a result of sustained investment in artificial intelligence and digital infrastructure.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<h3 class=\"standard-heading\"><span><span><span><span><span>Dive Insight:<\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span><span>These results are a continuation of the strong year the company noted midway through 2025. At the halfway point, the firm had <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/turner-earnings-backlog-data-center-work\/756796\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>more than $39 billion in backlog<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, a 21% year-over-year increase and a record for the period.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/data-centers-construction-2026-trends\/810016\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>Data center builds<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> have driven activity across the construction industry in recent years. Turner expects its revenue from data center work to exceed $20 billion in 2030, said Chris McFadden, senior vice president of global communications for the contractor.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Some of Turner\u2019s projects in space include a <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/mortenson-turner-win-meta-data-center-indiana\/812139\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>$10 billion project in Lebanon, Indiana<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, alongside Minneapolis-based Mortenson; and a <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/turner-wohlsen-pennsylvania-data-center-coreweave\/753877\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>$6 billion CoreWeave data center<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> in Lancaster, Pennsylvania, with local builder Wohlsen Construction.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cOur diversified market presence and integrated service platform enable us to scale rapidly in high-growth sectors,\u201d said Tom Reilly, Turner president, in the news release.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The data center and AI focus in the U.S. is also reflected within Turner\u2019s own business. The company has taken steps to make its business tech-forward, including via a<\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/turner-partnership-openai-startups-tech\/804765\" target=\"_blank\"><span><span><span><span><span><span><span><span> two-year deal with OpenAI<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, the creator of ChatGPT. In addition, Turner has <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/turner-clearstory-change-orders-technology\/805717\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>rolled out construction-focused tech solutions<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, such as change order management firm Clearstory\u2019s software, across its jobsites.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The firm <\/span><\/span><\/span><\/span><\/span><\/span>attributed increased productivity and revenue growth to adopting digital and AI technologies, as well as its integrated services platform.<\/p>\n<p><span><span><span><span><span><span>In addition to data center work, the company reported growth across the healthcare, pharmaceutical, sports, aviation and commercial work segments, per the announcement.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Some of Turner\u2019s other flagship projects include:<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The contractor also called out its efforts to grow its integrated services divisions. These include offsite manufacturing firm <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/turner-offsite-manufacturing-arm-launch-xpl\/746951\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>xPL Offsite<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, which Turner established in May 2025, alongside equipment rental and site services company First Equipment, which <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/turner-first-equipment-rental-company\/810282\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>launched on Jan. 8<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/turner-2025-annual-report-data-centers\/813694\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive &#8230; <a title=\"Data centers propelled Turner to record $29.2B in revenue in 2025\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/data-centers-propelled-turner-to-record-29-2b-in-revenue-in-2025\/\" aria-label=\"Read more about Data centers propelled Turner to record $29.2B in revenue in 2025\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-34530","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/34530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=34530"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/34530\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=34530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=34530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=34530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}