Company: LGN
Filing Date: 2025-11-03
Form Type: DRS
Source: 0001193125-25-262782
Chunk: 102

Company: Legence Corp.
Filing Date: 2025-11-03
Form: DRS
Chunk 102
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     | $                           |  55,860 |     |          | 36.7 | % |     | $ |  64,111 |     |          | 32.7 | % |     | $ |                 8,251 |     |   | 14.8 | % |     |          | (4.0 | )% |
| Installation & Maintenance segment |     |                             |  56,934 |     |          | 15.5 | % |     |   |  64,563 |     |          | 16.0 | % |     |   |                 7,629 |     |   | 13.4 | % |     |          |  0.5 | %  |
| Consolidated gross profit          |     | $                           | 112,794 |     |          | 21.7 | % |     | $ | 128,674 |     |          | 21.5 | % |     | $ |                15,880 |     |   | 14.1 | % |     |          | (0.2 | )% |

65

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

Engineering& Consulting: The $8.3 million, or 14.8%,
increase in gross profit for the three months ended June 30, 2025 compared to the three months ended June 30, 2024 was driven by a combination of organic revenue growth and the impact of acquisitions completed in 2024, slightly offset by
lower gross margin. The decrease in gross margin was driven by lower margins in our Engineering & Design and Program & Project Management service lines, in part due to a higher percentage of subcontractor expenses, primarily from
education and state & local government clients.

Installation& Maintenance: The $7.6 million,
or 13.4%, increase in gross profit for the three months ended June 30, 2025 compared to the three months ended June 30, 2024 was primarily driven by strong revenue growth in both the Installation & Fabrication service line and
Maintenance & Service business as well as slightly higher margins.

Selling, General & Administrative

Selling, general and administrative expenses increased $14.4 million during the three months ended June 30, 2025 compared to the
three months ended June 30, 2024. Selling,