Turner Construction continued its growth momentum driven by the data center construction wave in the first quarter of 2026, with significant increases in both revenue and backlog.

The New York City-based contractor announced on Wednesday that its first-quarter revenue reached $7.7 billion, up 25% from the same period last year. The growth was driven by a backlog of $48.9 billion, a year-over-year increase of 34%. Compared with the $44.3 billion reported at the end of 2025, backlog grew approximately 10% quarter over quarter.

New contract awards in the first quarter totaled $12.1 billion, up 48% from the same period in 2025. Turner Construction has won 10 projects expected to be worth more than $1 billion each so far in 2026, already surpassing its total number of billion-dollar projects for all of 2025.

The company is not publicly traded but is part of European-listed groups ACS and Hochtief. The company said growth in the quarter was primarily driven by data center work, with commercial and healthcare projects also contributing to results.

"Our first-quarter results demonstrate both the impact of our work and the strength of our culture," said Peter Davoren, chairman and CEO of Turner Construction, in the announcement. "We are delivering increasingly complex projects, bringing a broader range of services and capabilities to every assignment, and doing so by fostering an environment where everyone is treated with respect and dignity."

The continued momentum in data center construction aligns with the company's recent activities. Turner Construction is partnering with Minneapolis-based Mortenson Construction to build a $10 billion data center for Meta in Lebanon, Indiana. Additionally, the company formed a joint venture with local builder Wohlsen Construction to take on a $6 billion CoreWeave facility project in Lancaster, Pennsylvania. In March, the company announced that its IAD-06 data center project in Frederick, Maryland, had topped out five months after breaking ground.

Beyond data centers, the company also cited project wins in the commercial sector, an area that had faced significant challenges amid rising interest rates and developer uncertainty. Earlier this month, Turner Construction won a $500 million mixed-use development project in Orlando, Florida. The company is also one of the contractors on the $10 billion One Beverly Hills project in Los Angeles.

The company also benefited from a strong healthcare market. In March, it announced that it had begun major construction on a $900 million hospital project in Pennsylvania. In early May, the company also celebrated the topping out of the $2.2 billion Henry Ford Hospital expansion project in Detroit.

Last week, according to the Engineering News-Record Top 400 list, Turner Construction was named the largest contractor by construction revenue for the sixth consecutive year.