Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 131

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 131
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 |  3.3 | %  |
| Revenue                                  |     | $                         | 989,583 |     |   | 100.0 | % |     | $ | 1,104,843 |     |   | 100.0 | % |     | $              | 115,260 |   |     |   | 11.6 | %  |

Engineering & Consulting:Engineering & Consulting segment revenue increased by $90.6 million, or 36.1%, for the six months ended June 30, 2025 compared to the six months ended June 30, 2024. Approximately 70% of the revenue increase in the Engineering & Consulting segment resulted from the impact of acquisitions completed in 2024. The remaining increase was driven by higher demand in Engineering & Design service line revenue, primarily from life sciences & healthcare and education clients. Installation & Maintenance:Installation & Maintenance segment revenue increased by $24.7 million, or 3.3%, for the six months ended June 30, 2025 compared to the six months ended June 30, 2024, driven by $25.7 million of incremental revenue from the Installation & Fabrication service line. The revenue increase in the Installation & Fabrication service line is primarily due to greater demand from data center & technology clients along with higher demand from life sciences & healthcare clients, the combination of which more than offset lower demand from mixed-use clients and hospitality & entertainment clients within other. The six months ended June 30, 2024 reflected revenue growth of approximately 38% and 30% in Installation & Fabrication and Maintenance & Service service lines, respectively, versus the comparable six months ended June 30, 2023 driven partly by robust refurbishment and repair activity and the year-ago period benefiting from a number of large service jobs which were not replicated in the six months ended June 30, 2025. Gross Profit Gross profit increased by $41.1 million, or 20.6%, during the six months ended June 30, 2025 compared to the six months ended June 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):

|                                    |     | Six Months Ended June 30, |    2024 |     |          |      |   |     |   |    2025 |     |          |