NASDAQ$LGN
Legence Corp · Q1 2026 earnings
Q1 2026 earnings ·
Briefing
Legence Corp reported strong revenue growth and returned to profitability in Q1 2026.
Legence Corp achieved revenue of $1.04 billion in the first quarter of 2026, more than doubling from the prior year, driven by robust demand in data centers and technology. The company posted net income of $17.4 million and operating income of $22.4 million, reflecting improved scale and project execution in its Installation & Maintenance segment. Acquisitions completed during the quarter further expanded capabilities and geographic reach.
- Revenue surged 105% year-over-year to $1.04 billion, led by Installation & Fabrication growth in data centers.
- Net income turned positive to $17.4 million from a $19.1 million loss in Q1 2025.
- Completed acquisitions of Bowers and Metrix, adding $460 million in consideration and expanding MEP capabilities.
- Backlog and awarded contracts reached $5.38 billion, with a book-to-bill ratio of 1.2x.
Headline financials
Revenue & EPS history
Legence Corp · Revenue · Quarterly
$1.04B
Revenue by segment
Legence Corp · $1.04B total across 2 segments · Q1 2026
- Installation & Maintenance$872M—84.0%
- Engineering & Consulting$166M—16.0%
Forward guidance
Management expects continued growth in high-demand sectors such as data centers and technology, supported by strong backlog conversion.
Tailwinds
- Robust project pipeline in technology and life sciences
- Successful integration of recent acquisitions
Headwinds
- Potential impacts from supply chain and tariff pressures
- Seasonal fluctuations in construction activity
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 1 quarterly earnings reports · overlaid with Q1 2026
+4.8%
Avg return
Earnings day
+6.8%
Avg return
5 days after
+25.3%
Avg return
30 days after
50%
1 / 2 earnings
Positive
+20.9%
Q3 2025
Best reaction
-11.2%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -11.2% | -19.7% | — | |
| Q3 2025 | +20.9% | +33.3% | +25.3% |
Discussion
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