Company: LGN
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0002052568-25-000018
Chunk: 175

Company: Legence Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 175
---
.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. 

Installation & Maintenance: Installation & Maintenance segment revenue increased by $128.8 million, or 35.1%, for the three months ended September 30, 2025 compared to the three months ended September 30, 2024, driven by greater demand in the Installation and Fabrication service line, primarily from data centers & technology as well as life sciences & healthcare clients, partially offset by lower revenue from mixed-use clients and hospitality & entertainment clients within Other. Additionally, the revenue increase in our Maintenance & Service business was primarily due to strong demand from data centers & technology as well as life sciences & healthcare clients. 

Gross Profit 

Gross profit increased $29.5 million, or 24.9%, 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 gross profit by reportable segment (dollars in thousands): 

Three Months Ended September 30,Year over Year Change20252024$% Margin$% Margin$%% MarginGross profit:Engineering & Consulting segment$67,326 31.7 %$63,945 33.0