Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 127

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 127
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 line revenue, primarily from education clients. Installation & Maintenance: Installation & Maintenance segment revenue increased by $34.4 million or 9.3%, for the three months ended June 30, 2025 compared to the three months ended June 30, 2024, primarily due to greater demand from data centers & technology and life sciences & healthcare clients in the Installation and Fabrication service line, the combination of which more than compensated for the lower revenue from mixed-use clients and hospitality & entertainment clients within other. Additionally, the revenue increase in our Maintenance & Service business was primarily due to strong demand from data centers & technology as well as life sciences & healthcare clients. Gross Profit Gross profit increased $15.9 million, or 14.1%, during the three months ended June 30, 2025 compared to the three months ended June 30, 2024. The increase is attributable to the results of our operating segments, which are discussed below. 89

The following table presents our gross profit by reportable segment (dollars in thousands):

|                                    |     | Three Months Ended June 30, |    2024 |     |          |      |   |     |   |    2025 |     |          |      |   |     | Year over Year Change |        |     |   |      |   |     |          |      |    |
|:-----------------------------------|:----|:----------------------------|--------:|:----|:---------|-----:|:--|:----|:--|--------:|:----|:---------|-----:|:--|:----|:----------------------|-------:|:----|:--|-----:|:--|:----|:---------|-----:|:---|
|                                    |     | $                           |         |     | % Margin |      |   |     | $ |         |     | % Margin |      |   |     | $                     |        |     | % |      |   |     | % Margin |      |    |
| Gross profit                       |     |                             |         |     |          |      |   |     |   |         |     |          |      |   |     |                       |        |     |   |      |   |     |          |      |    |
| Engineering & Consulting segment   |     | $                           |  55,860 |     |          | 36.7 | % |     | $ |