earnings
confidence high
sentiment positive
materiality 0.85
Legence posts record Q4 revenue of $737.6M (+34.6% YoY); raises FY2026 guidance
Legence Corp.
- Q4 revenue $737.6M, up 34.6% YoY; adjusted EBITDA grew 53% YoY.
- Total backlog and awarded contracts $3.7B, up 49% YoY; Q4 book-to-bill 1.9x.
- Q1 2026 guidance: revenue $925M-$950M, adjusted EBITDA $90M-$100M.
- FY 2026 guidance raised: revenue $3.7B-$3.9B, adjusted EBITDA $400M-$430M.
- Acquired Bowers Group, a Seattle-area engineering firm, to expand capabilities.