Company: LGN
Filing Date: 2025-08-15
Form Type: S-1
Source: 0001193125-25-181698
Chunk: 123

Company: Legence Corp.
Filing Date: 2025-08-15
Form: S-1
Chunk 123
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% |
| Credit agreement amendment fees                     |     |                    |   1,822 |   |     |   |      49 |   |     |                |  (1,773 | ) |     |   |     * |    |
| Other income, net                                   |     |                    |     (22 | ) |     |   |     (37 | ) |     |                |     (15 | ) |     |   |     * |    |
| Total other expense, net                            |     |                    |  20,920 |   |     |   |  29,652 |   |     |                |   8,732 |   |     |   |  41.7 | %  |
| Income before income tax                            |     |                    |   9,846 |   |     |   |   1,677 |   |     |                |  (8,169 | ) |     |   | (83.0 | )% |
| Income tax expense                                  |     |                    |   3,656 |   |     |   |   5,546 |   |     |                |   1,890 |   |     |   |  51.7 | %  |
| Net income (loss)                                   |     |                    |   6,190 |   |     |   |  (3,869 | ) |     |                | (10,059 | ) |     |   |     * |    |
| Net income attributable to noncontrolling interests |     |                    |       — |   |     |   |   1,401 |   |     |                |   1,401 |   |     |   |     * |    |
| Net income (loss) attributable to Legence           |     | $                  |   6,190 |   |     | $ |  (5,270 | ) |     | $              | (11,460 | ) |     |   |     * |    |

| * | Not meaningful. |

86

Revenue Revenue increased $78.1 million, or 15%, during the three months ended June 30, 2025 compared to the three months ended June 30, 2024. The increase is attributable to the results of our operating segments, which are discussed below. The following table presents our revenue by reportable segment and primary service line as well as the dollar and