Welcome to our dedicated page for Legence news (Ticker: LGN), a resource for investors and traders seeking the latest updates and insights on Legence stock.
Legence Corp. provides engineering, consulting, installation, and maintenance services for mission-critical building systems. Company updates focus on complex HVAC, process piping, and MEP work for new facilities, as well as upgrades to HVAC, lighting, and building controls in existing facilities.
Recurring announcements cover quarterly and annual results, backlog and awarded contracts, segment activity in Installation and Maintenance and Engineering and Consulting, and demand from technically demanding end markets such as data centers and technology, life sciences, healthcare, education, and government. Legence news also includes secondary offerings of Class A common stock by selling stockholders, shareholder voting matters, governance updates, and capital-structure disclosures.
Legence (Nasdaq: LGN) reported first quarter 2026 revenue of $1.04 billion, up 105% year over year, with non-GAAP revenue excluding Bowers up 57%. Net income attributable to Legence was $16.1 million versus a prior-year loss, and non-GAAP adjusted EBITDA rose 132% to $118.1 million.
Backlog and awarded contracts reached a record $5.38 billion with a 1.2x book-to-bill ratio. Legence guided Q2 2026 revenue to $1.05–$1.1 billion and raised full-year 2026 revenue guidance to $4.1–$4.3 billion and non-GAAP adjusted EBITDA to $470–$490 million.
Legence (Nasdaq: LGN) will release first-quarter 2026 results for the period ended March 31, 2026 on Thursday, May 14, 2026, before market open. The company will hold an earnings conference call and live listen-only webcast at 10:00 am ET the same day.
The webcast link, slide presentation, and a replay (available through June 14, 2026) are accessible via the company investor website.
Legence (Nasdaq: LGN) closed an upsized secondary underwritten public offering on April 9, 2026, in which selling stockholders affiliated with Blackstone sold 15,394,112 shares of Class A common stock at $54.00 per share, including the full exercise of the underwriters’ option to buy an additional 2,007,927 shares.
Legence did not sell shares in the offering and did not receive proceeds. The offering was made from a Registration Statement on Form S-1 declared effective by the SEC; Goldman Sachs, Jefferies and BofA served as joint lead managers.
Legence (Nasdaq: LGN) priced an upsized secondary underwritten offering of 13,386,185 Class A shares at $54.00 per share, with underwriters granted a 30-day option for up to 2,007,927 additional shares. The offering is expected to close on or about April 9, 2026.
Legence is not selling any shares in the offering and will receive no proceeds; selling stockholders are affiliated with Blackstone. A Registration Statement on Form S-1 has been declared effective by the SEC.
Legence (Nasdaq: LGN) announced that selling stockholders affiliated with Blackstone intend to offer 11,000,000 shares of Class A common stock in a secondary underwritten public offering on April 6, 2026. The underwriters have a 30-day option to purchase up to 1,650,000 additional shares.
Legence will not receive proceeds from the sale and will bear offering costs other than underwriting discounts and commissions. The proposed offering is being made from a Form S-1 registration filed April 6, 2026 and is not yet effective.
Legence (Nasdaq: LGN) reported record Q4 2025 revenue of $737.6 million (+34.6% YoY) and full-year 2025 revenue of $2.55 billion (+21.5%).
Non-GAAP adjusted EBITDA was $86.98 million in Q4 (+53%) and $298.8 million for FY2025 (+30%). Backlog and awards reached $3.7 billion (+49%). The company provided Q1 2026 and raised FY2026 revenue and adjusted EBITDA guidance.
Legence (Nasdaq: LGN) will release fourth-quarter and full-year 2025 results on Friday, March 27, 2026, before the market open. The company will host an earnings conference call and live webcast the same day at 10:00 am EST.
Investors can access the live listen-only broadcast, slide presentation, and a replay on the company investor website. The webcast replay will be available through April 27, 2026.
Legence (Nasdaq: LGN) announced that underwriters fully exercised the over-allotment option in its upsized secondary offering, purchasing an additional 1,260,326 shares of Class A common stock at $45.00 per share. The exercise closed on January 8, 2026. The offering totaled 8,402,178 shares by selling stockholders affiliated with Blackstone, and Legence did not sell any shares or receive proceeds. Goldman Sachs and Jefferies acted as joint lead book-running managers; multiple bookrunners and co-managers participated. A Form S-1 registration statement was filed and declared effective by the SEC.
Legence (Nasdaq: LGN) completed its acquisition of The Bowers Group on January 2, 2026, adding a premier mechanical contractor based in Beltsville, Maryland with over 40 years of experience serving the Northern Virginia and DC Metro area.
The purchase price included $325 million upfront funded by cash on hand, borrowings under the revolving credit facility, a $200 million upsizing of Legence’s term loan, and the issuance of approximately 2.55 million shares of Class A common stock. An additional $50 million of deferred consideration is payable at the end of 2026 in cash or Class A shares at the company’s discretion.
Legence (Nasdaq: LGN) priced an upsized secondary underwritten offering of 8,402,178 Class A shares by selling stockholders affiliated with Blackstone at $45.00 per share, with underwriters granted a 30‑day option to buy up to an additional 1,260,326 shares on the same terms. The offering is expected to close on or about December 16, 2025, subject to customary closing conditions.
Legence is not selling shares in the offering and will receive no proceeds from the sale. A Form S-1 registration statement has been filed and declared effective by the SEC; Goldman Sachs and Jefferies are joint lead book‑running managers.