Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 125

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 125
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 for U.S.
federal income tax purposes, and as such, was generally not subject to federal income tax at the entity level. However, several of the predecessor’s subsidiaries are corporations for tax reporting purposes and therefore require a U.S. federal
and state income tax provision for that portion of such entities’ results.

82

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 Results of Operations For the Year Ended December 31, 2024 Compared to Year Ended December 31, 2023 A summary of our consolidated results of operations, selected data as a percentage of revenues for the years indicated, as well as the dollar and percentage change from the prior year is presented as follows (dollars in thousands):

|                                                                   |     | Year Ended December 31, |      2023 |   |     |   |      2024 |   |     | Year over Year 
 Change         |         |   |     |   |       |    |
|:------------------------------------------------------------------|:----|:------------------------|----------:|:--|:----|:--|----------:|:--|:----|:---------------|--------:|:--|:----|:--|------:|:---|
|                                                                   |     | $                       |           |   |     | $ |           |   |     | $              |         |   |     | % |       |    |
| Revenue                                                           |     | $                       | 1,615,062 |   |     | $ | 2,098,602 |   |     | $              | 483,540 |   |     |   |  29.9 | %  |
| Cost of revenue                                                   |     |                         | 1,299,916 |   |     |   | 1,667,835 |   |     |                | 367,919 |   |     |   |  28.3 | %  |
| Gross profit                                                      |     | $                       |   315,146 |   |     | $ |   430,767 |   |     | $              | 115,621 |   |     |   |  36.7 | %  |
| Selling, general and administrative                               |     |                         |   186,058 |   |     |   |   242,888 |   |     |                |  56,830 |   |