Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 144

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 144
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5 resulted from an increase in awards in both segments. The increase in Engineering & Consulting was primarily driven by new projects within the state & local government client end market. The increase in Installation & Maintenance was primarily driven by new projects within the data centers & technology and life sciences & healthcare client end markets. The increase in backlog and awarded contracts from December 31, 2023 to December 31, 2024 resulted from an increase in awards in both segments. The increase in Engineering & Consulting was primarily driven by new projects within the education client end market and additional backlog and awarded contracts from the acquisition of P2S and AMA. The increase in Installation & Maintenance was primarily driven by new projects within the life sciences & healthcare and data centers & technology client end markets. 105

The following table presents our backlog and awarded contracts by reportable segment as of the quarterly periods ended below (dollars in thousands):

|                               |     |   | March 31, 
      2024 |     |   |  June 30, 
      2024 |     |   | September 30, 
          2024 |     |   | December 31, 
         2024 |     |   | March 31, 
      2025 |     |   |  June 30, 
      2025 |
|:------------------------------|:----|:--|----------:|:----|:--|----------:|:----|:--|--------------:|:----|:--|-------------:|:----|:--|----------:|:----|:--|----------:|
| Engineering & Consulting      |     |   |           |     |   |           |     |   |               |     |   |              |     |   |           |     |   |           |
| Backlog                       |     | $ |   559,628 |     | $ |   560,721 |     | $ |       546,371 |     | $ |      563,562 |     | $ |   616,302 |     | $ |   611,651 |
| Awarded contracts             |     |   |   297,802 |     |   |   249,900 |     |   |       335,098 |     |   |      292,222 |     |   |   276,993 |     |   |   274,566 |
| Backlog and awarded contracts |     |