Legence Earnings Call Transcripts
Fiscal Year 2026
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Revenue and adjusted EBITDA more than doubled year-over-year, driven by robust demand in data centers, technology, and other mission-critical markets. Backlog reached a record $5.7 billion, and full-year guidance was raised significantly on strong execution and expanding capacity.
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Revenue more than doubled year-over-year to $1.038 billion, driven by strong demand in data centers, robust project execution, and the Bowers acquisition. Adjusted EBITDA rose 132% to $118 million, and backlog reached a record $5.4 billion. Full-year 2026 guidance for both revenue and EBITDA was raised by about 10–15%.
Fiscal Year 2025
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Fourth quarter and full-year results showed strong organic growth in revenue, EBITDA, and backlog, driven by robust demand in data centers and technology, as well as contributions from life sciences, healthcare, and education. Guidance for 2026 was raised, reflecting continued momentum and recent acquisitions.
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Delivered record Q3 results with 26% organic revenue growth and 39% EBITDA growth, driven by strong performance in data center and technology markets. Announced the acquisition of Bowers Group, enhancing scale and capabilities, and provided robust guidance for 2026.