Legence Corp. (LGN) Income Statement
LGN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLGN revenue and net income
Where LGN's revenue goes
2025Each bar shows an amount and its share of revenue. LGN kept −2.3% of revenue as net income.
LGN profit margins
LGN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +21.5% | +27.0% | — | — |
| Gross profit | +25.0% | +31.9% | — | — |
| Operating income | +59.0% | — | — | — |
| Net income | −715.1% | — | — | — |
| EPS (diluted) | +94.4% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LGN quarterly EPS vs estimates
Legence beat the analyst EPS estimate in 3 of the last 5 quarters. Next report: November 12, 2026 (estimate $0.50).
LGN income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $2.55B | $2.10B | $1.62B | $1.25B |
| Cost of revenue | $2.01B | $1.67B | $1.30B | $1.01B |
| Gross profit | $535.9M | $428.6M | $315.1M | $233.7M |
| Sales, general & admin | $342.6M | $252.7M | $186.1M | $142.1M |
| Total operating expenses | $443.0M | $370.2M | $304.9M | $258.0M |
| Operating income | $92.9M | $58.4M | $10.3M | −$24.2M |
| Interest income | $4.5M | $5.5M | $4.2M | $236,000 |
| Interest expense | $101.8M | $25.5M | $68.2M | $50.8M |
| Income before taxes | −$55.1M | $20.2M | −$53.9M | −$74.7M |
| Income taxes | $22.2M | $2.8M | −$7.9M | $7.6M |
| Net income | −$59.8M | $9.7M | −$46.0M | −$82.3M |
| EBITDA | $160.9M | $156.6M | $107.1M | $69.2M |
| EPS (diluted) | $0.35 | $0.18 | — | — |
| Gross margin | 21.0% | 20.4% | 19.5% | 18.7% |
| Operating margin | 3.6% | 2.8% | 0.6% | −1.9% |
| Net margin | −2.3% | 0.5% | −2.8% | −6.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.04B | $737.6M | $708.0M | $598.9M | $506.0M | $548.2M | $560.8M | $520.8M | $468.8M |
| Cost of revenue | $1.08B | $888.6M | $590.2M | $559.9M | $470.2M | $394.2M | $437.4M | $442.3M | $408.0M | $382.3M |
| Gross profit | $182.3M | $149.3M | $147.5M | $148.1M | $128.7M | $111.7M | $110.8M | $118.5M | $112.8M | $86.5M |
| Sales, general & admin | $147.6M | $116.1M | $114.8M | $85.9M | $72.5M | $69.5M | $72.8M | $67.2M | $58.1M | $54.6M |
| Total operating expenses | $147.6M | $116.1M | $139.6M | $110.1M | $97.8M | $95.6M | $536.6M | $534.9M | $82.0M | $79.4M |
| Operating income | $34.7M | $33.2M | $7.9M | $38.0M | $30.9M | $16.2M | $11.6M | $25.9M | $30.8M | $7.1M |
| Interest income | $1.9M | $1.3M | $1.9M | $1.1M | $764,000 | $755,000 | $1.1M | $523,000 | $1.7M | $2.1M |
| Interest expense | $17.2M | $17.0M | $13.6M | $28.2M | $30.4M | $29.6M | $39.9M | $23.7M | $20.8M | $20.9M |
| Income before taxes | −$23.5M | $4.0M | −$46.2M | $4.5M | $1.7M | −$15.1M | $20.2M | $3.9M | $9.8M | −$13.7M |
| Income taxes | $11.1M | −$13.4M | $8.5M | $4.1M | $5.5M | $4.0M | — | — | $3.7M | $1.3M |
| Net income | −$27.8M | $16.1M | −$32.7M | −$576,000 | −$5.3M | −$21.2M | $19.6M | −$1.1M | $6.2M | −$15.0M |
| EBITDA | $78.9M | $63.3M | −$3.9M | $60.1M | $60.9M | $43.9M | — | — | $57.5M | $32.7M |
| EPS (diluted) | $0.17 | $0.29 | $0.23 | $0.16 | −$0.04 | — | — | — | — | — |
| Gross margin | 14.4% | 14.4% | 20.0% | 20.9% | 21.5% | 22.1% | 20.2% | 21.1% | 21.7% | 18.4% |
| Operating margin | 2.7% | 3.2% | 1.1% | 5.4% | 5.2% | 3.2% | 2.1% | 4.6% | 5.9% | 1.5% |
| Net margin | −2.2% | 1.6% | −4.4% | −0.1% | −0.9% | −4.2% | 3.6% | −0.2% | 1.2% | −3.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LGN's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LGN financial results
In fiscal year 2025 (ended December 31, 2025), Legence reported revenue of $2.6 billion, up 21.5% from the year before. It had a net loss of $59.8 million, a net profit margin of −2.3%. Diluted earnings per share came to $0.35.
See the LGN stock overview for the latest quote and news, or the LGN chart for price history and technical indicators.
LGN income statement FAQ
What is Legence's annual revenue?
Legence reported total revenue of $2.6 billion for fiscal year 2025, which ended on December 31, 2025. That was up 21.5% from $2.1 billion the previous year.
Is Legence profitable?
No. Legence reported a net loss of $59.8 million in fiscal 2025, a net profit margin of −2.3%; its operating margin was 3.6%.
What is Legence's gross margin?
Legence's gross margin was 21.0% in fiscal 2025: for every $100 of revenue, Legence kept $21 after the direct cost of its products and services.
What are Legence's earnings per share?
Legence earned $0.35 per diluted share in fiscal 2025, compared with $0.18 a year earlier.
When will Legence report its next earnings?
Legence is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does Legence's fiscal year end?
Legence's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.