Archinect - News 2024-11-23T08:06:58-05:00 https://archinect.com/news/article/150313315/gensler-continues-to-lead-the-ranking-of-america-s-top-grossing-architecture-firms-for-the-11th-year-in-a-row Gensler continues to lead the ranking of America's top-grossing architecture firms for the 11th year in a row Nathaniel Bahadursingh 2022-06-14T17:55:00-04:00 >2024-10-25T04:07:38-04:00 <img src="https://archinect.gumlet.io/uploads/72/7211a160ffe69523e0e3ca299c07e576.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>For the eleventh year in a row, <a href="https://archinect.com/gensler" target="_blank">Gensler</a> has topped Architectural Record&rsquo;s <a href="https://archinect.com/news/tag/622219/top-300-architecture-firms" target="_blank">Top 300 U.S. Architecture Firms</a> list. Together with <a href="https://archinect.com/perkinswill" target="_blank">Perkins&amp;Will</a> and <a href="https://archinect.com/firms/cover/72418897/hdr" target="_blank">HDR</a>, the trio continue a three-year streak atop the rankings.&nbsp;</p> <p>Gensler reported $1.37 billion in architectural revenue, which is more than double that of any other firm and an increase from the $1.32 billion reported in 2021. Perkins&amp;Will brought in $572.5 million, which was followed by $454.7 million in earnings by HDR. <a href="https://archinect.com/firms/cover/106465/aecom" target="_blank">AECOM</a> saw one of the largest increases in revenue, from $337 million in 2021 to $434 million this year. The Los Angeles-based company jumped from eighth to fourth place in the rankings. Completing the top ten includes <a href="https://archinect.com/jacobs" target="_blank">Jacobs</a>, <a href="https://archinect.com/firms/cover/4398903/hks-inc" target="_blank">HKS</a>, <a href="https://archinect.com/firms/cover/9343/hok#:~:text=HOK%20is%20a%20global%20design,lives%20and%20help%20clients%20succeed." target="_blank">HOK</a>, <a href="https://archinect.com/firms/cover/106349/cannondesign" target="_blank">CannonDesign</a>, <a href="https://archinect.com/firms/cover/15872618/stantec" target="_blank">Stantec</a>, and <a href="https://archinect.com/firms/cover/5885730/perkins-eastman" target="_blank">Perkins Eastman</a>. Among the top ten firms, half reported year-over-year increases in revenue.&nbsp;</p> <p>Firms that saw notable declines in revenue include <a href="https://archinect.com/firms/cover/776/kohn-pedersen-fox-associates" target="_blank">Kohn Pedersen Fox Associates</a>, which dipped from 13th to 18th place and <a href="https://archinect.com/leoadaly" target="_blank">LEO A DALY</a>, which fell from 17th to 34th place. The ...</p> https://archinect.com/news/article/150294314/double-profits-for-foster-partners-amidst-a-year-of-economic-recovery Double profits for Foster + Partners amidst a year of economic recovery Josh Niland 2022-01-13T15:13:00-05:00 >2022-01-14T14:30:55-05:00 <img src="https://archinect.gumlet.io/uploads/d0/d0a209e4dd2eb2bc661fd90fe45795fb.jpeg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>The architecture practice run by Sir Norman Foster almost doubled its profits as it expanded in the Middle East and gained new business despite pandemic lockdowns. Total revenues fell by &pound;33m to &pound;200m in the year ending 30 April 2021, accounts for Foster + Partners, the practice&rsquo;s main trading company, show. But profits before tax almost doubled to &pound;36.2m during the year, compared with &pound;19.8m in the previous year.</p></em><br /><br /><p>New projects included a planned <a href="https://archinect.com/news/article/150273381/foster-partners-unveils-designs-for-greece-s-tallest-tower" target="_blank">luxury tower development</a> in Greece and a <a href="https://archinect.com/news/article/150249676/foster-partners-unveil-designs-for-shurayrah-island-in-red-sea" target="_blank">new tourist destination</a> on an artificial island in the Red Sea (although notably, the <a href="https://archinect.com/news/article/150287967/end-of-the-line-for-foster-s-tulip-after-uk-government-rejects-project-due-to-climate-concerns" target="_blank">Tulip Tower</a> did come off the books due to environmental concerns).&nbsp;</p> <p>Foster himself is worth well into the <a href="https://archinect.com/news/article/150289043/wealth-is-cemented-at-the-top-as-starchitects-continue-to-see-gains" target="_blank">nine-figure range</a> and has recently <a href="https://archinect.com/news/article/150284713/foster-partners-sells-significant-shares-to-canadian-family-private-investment-firm" target="_blank">sold</a> a significant portion of his shares to a Canadian investment firm. The firm reported earnings for the <a href="https://www.architectsjournal.co.uk/news/foster-partners-posts-record-revenue-as-overseas-work-booms#:~:text=The%20UK's%20biggest%20practice%20in,two%2Dyear%20fall%20in%20income." target="_blank">past four years</a> that combined are over &pound;900 million ($1.24 billion) in spite of the <a href="https://archinect.com/news/article/150270473/aia-report-examines-impact-of-covid-19-on-architecture-business-conditions" target="_blank">considerable forces</a> at play economically during the pandemic. Foster + Partners also reported that a &pound;500,000 ($686,000)&nbsp;government loan taken out for their <a href="https://www.building.co.uk/news/fosters-pays-back-500000-furlough-money/5108750.article" target="_blank">2020 furlough</a> was repaid.</p> https://archinect.com/news/article/150214109/gensler-is-america-s-top-grossing-architecture-firm-for-ninth-year-in-a-row Gensler is America's top-grossing architecture firm for ninth year in a row Antonio Pacheco 2020-09-02T13:27:00-04:00 >2024-10-25T04:07:38-04:00 <img src="https://archinect.gumlet.io/uploads/79/7948d377ff16714abee8369a2219573b.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Global architecture firm <a href="https://archinect.com/gensler" target="_blank">Gensler</a> has once again out earned all other practices in the United States. For the ninth year in a row, the San Francisco-based design giant has topped the list of <a href="https://www.architecturalrecord.com/articles/14775-top-300-us-architecture-firms-of-2020" target="_blank">Architectural Record's Top 300 U.S. Architecture Firms</a> list. As typical, the 2020 list encompasses earnings for the previous year, 2019, and so does not capture any disruptions resulting from the COVID-19 pandemic.&nbsp;</p> <p>For the year 2019, Gensler took in $1.523 billion in revenue. Second place <a href="https://archinect.com/perkinswill" target="_blank">Perkins and Will</a> brought in $670.23 million and third place firm <a href="https://archinect.com/firms/cover/72418897/hdr" target="_blank">HDR</a> made $517.60 million. Rounding out the top five, Dallas-based <a href="https://archinect.com/jacobs" target="_blank">Jacobs</a> made $509.90 million while Los Angeles-based <a href="https://archinect.com/firms/cover/106465/aecom" target="_blank">AECOM</a>&nbsp;garnered $439.30 million. Following these firms are <a href="https://archinect.com/firms/cover/4398903/hks-inc" target="_blank">HKS</a>, <a href="https://archinect.com/firms/cover/9343/hok" target="_blank">HOK</a>, <a href="https://archinect.com/firms/cover/15872618/stantec" target="_blank">Stantec</a>, <a href="https://archinect.com/skidmoreowingsmerrill" target="_blank">SOM</a>, and <a href="https://archinect.com/firms/cover/5885730/perkins-eastman" target="_blank">Perkins Eastman</a>.</p> <p>The 25 top-grossing architecture firms for 2019 are listed below.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/7d/7dcd96b77c0731c68cc46d103b362da2.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/7d/7dcd96b77c0731c68cc46d103b362da2.jpg?auto=compress%2Cformat&amp;enlarge=true&amp;w=514"></a></p></figure>