Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 111

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 111
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        57 |   |     |   |    (8,967 | ) |     |   |                (9,024 | ) |     |   |     * |    |
| Income tax expense                                  |     |                                 |     9,500 |   |     |   |    13,662 |   |     |   |                 4,162 |   |     |   |  43.8 | %  |
| Net loss                                            |     |                                 |    (9,443 | ) |     |   |   (22,629 | ) |     |   |               (13,186 | ) |     |   | 139.6 | %  |
| Net income attributable to noncontrolling interests |     |                                 |       407 |   |     |   |     4,430 |   |     |   |                 4,023 |   |     |   | 988.5 | %  |
| Net loss attributable to Legence                    |     | $                               |    (9,850 | ) |     | $ |   (27,059 | ) |     | $ |               (17,209 | ) |     |   | 174.7 | %  |

| * | Not meaningful. |

Revenue Revenue increased $262.5 million, or 16.9%, during the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024. The increase is attributable to the results of our operating segments, which are discussed below. 72

The following table presents our revenue by reportable segment and primary service line as well as the dollar and percentage change from the prior year (dollars in thousands):

|                                          |     | Nine Months Ended September 30, 
 2024                            |           |     |   |       |   |     | 2025 |           |     |   |       |   |     | Year over Year Change |         |     |   |      |   |
|:-----------------------------------------|:----|:--------------------------------|----------:|:----|:--|------:|:--|:----|:-----|----------:|:----|:--|------:|:--|:----|:----------------------|--------:|:----|:--|-----:|:--|
|                                          |     | $                               |           |     | % |       |   |     | $