NASDAQ$LGN
Legence Corp · Q2 2026 earnings
Q2 2026 earnings · · Before market open
Briefing
Legence reported record Q2 2026 revenues of $1.26 billion, up 111% year-over-year, with Adjusted EBITDA rising 114%.
Legence Corp delivered strong Q2 2026 results driven by robust demand in data centers & technology and other end markets. Revenues reached $1.26 billion with gross profit of $220.2 million, though net loss widened to $34.6 million due to impairments and acquisition costs. Backlog and awarded contracts hit a record $5.67 billion, supporting raised full-year guidance.
- Revenues totaled $1.26 billion, a 110.7% increase from $598.9 million in Q2 2025, with organic growth of 60% excluding Bowers acquisition.
- Adjusted EBITDA grew 114% to $154.6 million, achieving a 12.2% margin.
- Total backlog and awarded contracts reached $5.67 billion, up 105% year-over-year, with a book-to-bill ratio of 1.2x.
- Company raised FY 2026 guidance to revenue of $4.7-4.8 billion and Adjusted EBITDA of $565-585 million.
Headline financials
Revenue & EPS history
Legence Corp · Revenue · Quarterly
$1.26B
Revenue by segment
Legence Corp · $1.26B total across 2 segments · Q2 2026
- Installation & Maintenance$1.06B—83.6%
- Engineering & Consulting$207M—16.4%
Forward guidance
Q3 2026 guidance issued; full year 2026 raised.
Tailwinds
- Q3 revenue expected $1.225-1.275 billion
- Q3 Adjusted EBITDA $150-160 million
- FY revenue raised to $4.7-4.8 billion
- FY Adjusted EBITDA raised to $565-585 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 1 quarterly earnings reports
+4.8%
Avg return
Earnings day
+6.8%
Avg return
5 days after
+5.6%
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 |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | -11.2% | -19.7% | -14.0% | |
| Q3 2025 | +20.9% | +33.3% | +25.3% |
Discussion
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