Company: LGN
Filing Date: 2025-11-03
Form Type: DRS
Source: 0001193125-25-262782
Chunk: 301

Company: Legence Corp.
Filing Date: 2025-11-03
Form: DRS
Chunk 301
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 for state tax purposes vary by jurisdiction but generally the Company is no longer subject to examinations for tax years ending prior to December 31, 2020. Note 16—Segment Information Legence reports its results under two reportable segments: 1) Engineering & Consulting, and 2) Installation & Maintenance. Segments are presented according to the nature of the business activities, and reflect the Company’s consideration of financial information provided to the chief executive officer, who is the CODM. The CODM primarily uses gross profit to assess performance and allocate resources, including decisions such as the annual budget review and approval, allocation of resources to hire additional key personnel, entering new markets and development of new technologies, evaluating executive performance, and determining performance-related bonus plans in each segment. F-54

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 Engineering & Consulting:The Engineering & Consulting segment designs HVAC and other MEP systems for buildings, develops strategies to reduce energy usage and make buildings more sustainable and provides program and project management services for customers’ installation and retrofit projects. Within this segment, there are two primary service offerings – Engineering & Design and Program & Project Management. Installation & Maintenance: The Installation & Maintenance segment fabricates and installs HVAC systems, process piping and other MEP systems in new and existing industrial, commercial and institutional buildings and provides ongoing preventative and corrective maintenance services for those systems. Within this segment, there are two primary service offerings – Installation & Fabrication and Maintenance & Service. All intercompany transactions are eliminated in the Company’s Consolidated Statements of Operations. The following table presents relevant segment information (in thousands):

|                            |     | Year Ended December 31, |      2024 |     |   |      2023 |     |   |      2022 |
|:---------------------------|:----|:------------------------|----------:|:----|:--|----------:|:----|:--|----------:|
| Revenue:                   |     |                         |           |     |   |           |     |   |           |
| Engineering & Consulting   |     | $                       |   601,602 |     | $ |   426,246 |     | $ |   328,609 |
| Installation & Maintenance |     |                         | 1,497,000 |     |   | 1,188,816 |     |   |   917,892 |
| Revenue                    |     | $                       |