| Metric | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $2.55B+21.5% | $2.10B+29.9% | $1.62B |
| Cost of revenue | $2.01B+20.8% | $1.67B+28.3% | $1.30B |
| Gross profit | $535.9M+24.4% | $430.8M+36.7% | $315.1M |
| Selling, general and administrative | $342.6M+41.1% | $242.9M+30.5% | $186.1M |
| Depreciation and amortization | $100.4M+3.3% | $97.2M+21.1% | $80.2M |
| Acquisition-related costs | $5.7M+1.9% | $5.6M+48.5% | $3.8M |
| Changes in fair value of contingent consideration liabilities (including $13,424 for the year ended December 31, 2023 from related parties) | $0 | $0-100.0% | $31.1M |
| Gain on sale of property and equipment | -$326K | $0 | $0 |
| Goodwill impairment | $25.0M+40.2% | $17.8M+252.5% | $5.1M |
| Long-lived asset impairment | $2.4M | $0 | $0 |
| Equity in earnings of joint venture | -$1.4M+52.9% | -$3.1M-130.5% | -$1.3M |
| Income from operations | $61.6M-12.5% | $70.4M+585.7% | $10.3M |
| Interest expense, net of capitalized interest (including $13,340, $13,316, and $12,396 for years ended December 31, 2025, 2024, and 2023, respectively, from related parties) | $101.8M+11.1% | $91.6M+34.3% | $68.2M |
| Interest income | -$4.5M+17.9% | -$5.5M-28.6% | -$4.2M |
| Loss on debt extinguishment | $6.7M | $0 | $0 |
| Credit agreement amendment fees | $6.3M-19.2% | $7.8M | $0 |
| Other expense (income) , net | $6.5M+1470.2% | -$473K-284.0% | $257K |
| Total other expense, net | $116.7M+24.9% | $93.5M+45.6% | $64.2M |
| Loss before income tax | -$55.1M-138.5% | -$23.1M+57.1% | -$53.9M |
| Income tax expense (benefit) | $22.2M+390.2% | $4.5M+157.1% | -$7.9M |
| Net loss | -$77.3M-179.6% | -$27.6M+39.9% | -$46.0M |
| Net (loss) income attributable to noncontrolling interests | -$17.5M-2021.4% | $912K | $0 |
| Net loss attributable to Legence | -$59.8M-109.4% | -$28.6M+38.0% | -$46.0M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.