Company: LGN
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0002052568-25-000018
Chunk: 118

Company: Legence Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 118
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 and diluted58,511 58,511 

See Notes to Condensed Consolidated Financial Statements.

7

Legence Corp.

Condensed Consolidated Statements of Comprehensive Loss

(In thousands)

(Unaudited)

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Net income (loss)$379 $(676)$(22,629)$(9,443)Other comprehensive loss, net:Loss related to interest rate swaps, net of tax(1,285)(22,143)(9,556)(19,636)Other comprehensive loss(1,285)(22,143)(9,556)(19,636)Comprehensive loss(906)(22,819)(32,185)(29,079)Comprehensive income attributable to noncontrolling interests1,634 407 5,109 407 Comprehensive loss attributable to Legence$(2,540)$(23,226)$(37,294)$(29,486)

See Notes to Condensed Consolidated Financial Statements.

8

Legence Corp.

Condensed Consolidated Statements of Changes in Equity

(In thousands, except share amounts)

(Unaudited)

Class A Common StockClass B Common StockMember's Equity SharesAmountSharesAmountAdditional Paid-in CapitalAccumulated DeficitAccumulated Other Comprehensive Income (Loss)Total Legence Stockholders' Equity / Member's EquityNon-controlling InterestsTotal Equity Balance, December 31, 2024$443,738 — $— — $— $— $(250,169)$9,111 $202,680 $912 $203,592 Reclassification of vested Legence Parent Series A Profits Interests from liabilities33 — — — — — — — 33 — 33 Other comprehensive loss— — — — — — — (6,214)(6,214)— (6,214)Net (loss) income— — — — — — (21,213)— (21,213)2,074 (19,139)Balance, March 31, 2025443,771 — — — — — (271,382)2,897 175,286 2,986 178,272 Reclassification of vested Legence Parent Series A Profits Interests from liabilities228 — — —