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For the fourth consecutive year, Gensler, Perkins&Will, and HDR remained fixed at the highest positions on Architectural Record’s annual ranking of the Top 300 American architecture firms by revenue. For the 2023 ranking (based on 2022 data provided by participating firms), Gensler reported $1.78 billion in architecture revenue—a notable leap from the $1.37 billion brought in by the first-place firm in 2021 and reported in the 2022 ranking. Perkins&Will ($522 million) and HDR ($481 million) also saw their architecture revenues increase while maintaining the second and third spots, respectively. AECOM, which advanced up the ranking last year from its previous ranking of eighth place to fourth, also maintained its position as did repeat fifth-placer Jacobs.

Building 12 by Perkins&Will; San Francisco. Photo © Bruce Damonte, click to enlarge.

Things shift dramatically not much further down. Corgan, this year’s seventh-top firm with $331 million in architecture revenue, advanced to the top 10 after ranking 14^th last year with $205 million in architecture revenue. Rounding out the 2023 top 10 are Stantec, CannonDesign, and Page Southerland Page, which made the largest leap up the list this year of any firm within the top 25, climbing from its 2022 ranking of 22nd to 10th in 2023.

Kirkland Ranch Academy of Innovation — Pasco County Schools by CannonDesign, Tampa, Florida. Photo © Christopher Barrett

Beyond a few significant departures and new arrivals within the upper reaches of the ranking, the rest of the top 25 remained largely steady. Firms with ranking-boosting increases in revenue include the Midwest-based trio of DLR Group (17^th to 16^th), stadium specialists Populous (19^th to 17^th), and NORR (29^th to 23^rd). Firms that slipped include ZGF (12^th to 14^th), SmithGroup (16^th to 19^th), and Ware Malcomb, which rose from 24^th to 15^th place in 2022 only to fall back to 21^st this year. Minneapolis-based HGA, which made the staggering jump from 101^st - to 23^rd–place last year after a near-quadrupling of revenue, dropped slightly to the 24^th spot.

ZEISS Michigan Quality Excellence Center by SmithGroup, Lyon Township, Michigan. Photo © James Ewing

Skidmore, Owings & Merrill and Kohn Pedersen Fox Associates also experienced declines: SOM continued a gradual fall down the list from 10^th place in 2021, to 11^th in 2022, to 12^th this year with a reported revenue of $259 million. With a revenue of $186 million in this year’s ranking, KPF declined from 18^th to 22^nd—a nearly 10-spot drop from 2021.

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