Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 120

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 120
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 |     |                         |     7,613 |   |     |   |    (7,918 | ) |     |   |               (15,531 | ) |     |   |    * |   |
| Net loss                                                          |     | $                       |   (82,274 | ) |     | $ |   (46,026 | ) |     | $ |                36,248 |   |     |   |    * |   |

| * | Not meaningful. |

78

Revenue Consolidated revenue increased $368.6 million, or 29.6%, during the year ended December 31, 2023 compared to the year ended December 31, 2022. The increase is attributable to the results of our operating segments, which are discussed below. The following table presents our revenue by reportable segment, as well as our primary service lines (dollars in thousands):

|                                          |     | Year Ended December 31, 
 2022                    |           |     |   |       |   |     | 2023 |           |     |   |       |   |     | Year over Year Change |         |     |   |      |   |
|:-----------------------------------------|:----|:------------------------|----------:|:----|:--|------:|:--|:----|:-----|----------:|:----|:--|------:|:--|:----|:----------------------|--------:|:----|:--|-----:|:--|
|                                          |     | $                       |           |     | % |       |   |     | $    |           |     | % |       |   |     | $                     |         |     | % |      |   |
| Revenues:                                |     |                         |           |     |   |       |   |     |      |           |     |   |       |   |     |                       |         |     |   |      |   |
| Engineering & Consulting                 |     |                         |           |     |   |       |   |     |      |           |     |   |       |   |     |                       |         |     |   |      |   |
| Engineering & Design                     |     | $                       |   141,110 |     |   |  11.3 | % |     | $    |   222,198 |     |   |  13.8 |