HOCHTIEF : Turner Accelerates Growth as New Orders Increase by Nearly 50% in First Quarter 2026

© Turner Construction

Growth driven by surge in mega-projects primarily in data centers.

Highlights

• New orders totaled $12.1 billion, up 48% year-over-year, particularly driven by growth in data centers, commercial, and healthcare projects
• Work-in-place revenue increased 25% to $7.7 billion.
• Backlog grew 34% year-over-year to $48.9 billion.

Turner Construction Company accelerated its growth in the first quarter of 2026, delivering substantial gains across revenue, backlog, and new orders as global demand for its integrated services continues to expand. This performance was particularly driven by strong activity in data center, healthcare, and commercial markets.

Accelerating Scale in Mega-Project Delivery
Turner continues to scale its portfolio of mega-projects and was awarded 10 projects in 2026 to date with total construction value anticipated to exceed $1 billion each-surpassing the number of billion-dollar projects awarded in all of 2025. This milestone reflects Turner's leadership in delivering some of the industry's largest and most complex projects.

"Our first quarter results demonstrate both the impact of our work and the strength of our culture," said Peter Davoren, Chairman and CEO. "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. That commitment, combined with the expertise and dedication of our people, continues to drive our success."

As part of the ACS and HOCHTIEF global group of companies, Turner brings a powerful global platform to deliver complex construction programs at scale, supported by an integrated range of services from engineering and supply chain management to modular solutions and self-perform operations. This combination of global scale and technical capability positions Turner to deliver the industry's largest and most complex projects across key markets.