FINANCE NOTE

Legence (NASDAQ: LGN) — Q2 2026 Post Earnings

Operations

Q2 2026
Q2 Revenue ↑ 110.74% YoY $1.26B
Divisions
Engineering & Consulting 16.4%
Installation & Maintenance 83.6%

Key Earnings Driver

Installation & Maintenance Engineering & Consulting revenue increased 5.5% year over year to $206.9M and Installation & Maintenance revenue increased 162.0% to $1.06B. Legence’s adjusted gross margin declined to 18.5% from 21.8% a year earlier, with the company citing revenue mix and a slight decline in Engineering & Consulting margins.

Key Operating Metrics¹

METRIC

STATUS

Engineering & Consulting↑ 5.5%

Installation & Maintenance↑ 162%

🟢 Scaling

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Legence website and/or SEC filings for Q2, with status based on reported data.