Company: LGN
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0002052568-25-000018
Chunk: 95

Company: Legence Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 95
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 (676)1,055 *Net income attributable to noncontrolling interests955 407 548 134.6 %Net loss attributable to Legence$(576)$(1,083)$507 (46.8)%

*Not meaningful. 

46

Revenue 

Revenue increased $147.2 million, or 26.2%, during the three months ended September 30, 2025 compared to the three months ended September 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 percentage change from the prior year (dollars in thousands): 

Three Months Ended September 30,Year over YearChange20252024$%$%$%Revenue:Engineering & ConsultingEngineering & Design$110,939 15.7 %$99,712 17.8 %$11,227 11.3 %Program & Project Management101,233 14.3 %94,085 16.8 %7,148 7.6 %Total Engineering & Consulting segment212,172 30.0 %193,797 34.6 %18,375 9.5 %Installation & MaintenanceInstallation & Fabrication408,717 57.7 %289,428 51.6 %119,289 41.2 %Maintenance & Service87,117 12.3 %77,579 13.8 %9,538 12.3 %Total Installation & Maintenance segment495,834 70.0 %367,007 65.4 %128,827 35.1 %Revenue$708,006 100.0 %$560,804 100.0 %$147,202 26.2 %

Engineering & Consulting: Engineering & Consulting segment revenue increased $18.4 million, or 9.5%, for the three months ended September 30, 2025 compared to the three months ended September 30, 2024, driven by higher demand in the Engineering & Design service line revenue, primarily from state & local government and life sciences & healthcare clients, and higher demand in the Program & Project Management service line revenue, primarily from hospitality & entertainment clients within Other, partially offset by lower revenue from state & local government, education, and mixed-use clients.