Legence Corp. (NASDAQ:LGN)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Loses money on what it sells.
- Revenue
- $3.75B
- Net income
- -$45.0M
- Net margin
- -1.2%
Heavily indebted for what it earns.
- Total debt
- $1.20B
- Cash
- $292.0M
- Net debt / EBITDA
- 4.56x
Covers near-term obligations, without much room.
- Current assets
- $1.65B
- Current liabilities
- $1.22B
- Current ratio
- 1.35
The business funds itself from operations.
- Operating cash flow
- $388.8M
- Free cash flow
- $323.2M
- FCF margin
- 8.6%
Heavy dilution — shareholders are paying for the business.
- Shares outstanding
- 76.0M
- Share growth (1y)
- 29.9%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
LGN Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 1.26 B | 1.04 B | 737.64 M | 708.01 M | 598.89 M | 505.95 M |
| Revenue Growth (YoY) | 110.74 % | 105.14 % | 41.64 % | 51.03 % | — | — |
| Cost of Revenue | 1.08 B | 888.57 M | 590.15 M | 559.95 M | 470.22 M | 394.25 M |
| Gross Profit | 182.26 M | 149.33 M | 147.49 M | 148.06 M | 128.67 M | 111.70 M |
| SG&A Expense | 147.59 M | 116.09 M | 114.81 M | 85.89 M | 72.47 M | 69.46 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 147.59 M | 116.09 M | 139.56 M | 110.07 M | 97.81 M | 95.55 M |
| Operating Income | 34.67 M | 33.23 M | 7.93 M | 37.99 M | 30.86 M | 16.15 M |
| Pretax Income | -23.47 M | 4.01 M | -46.17 M | 4.46 M | 1.68 M | -15.10 M |
| Tax Provision | 11.09 M | -13.38 M | 8.50 M | 4.08 M | 5.55 M | 4.04 M |
| Net Income | -27.84 M | 16.09 M | -32.72 M | -576.00 K | -5.27 M | -21.21 M |
| EPS (Basic) | -0.37 | 0.27 | -0.55 | -0.01 | -0.05 | -0.21 |
| EPS (Diluted) | -0.37 | 0.27 | -0.55 | -0.01 | -0.05 | -0.21 |
| Shares Outstanding | 76.03 M | 59.56 M | 59.56 M | 58.51 M | 58.51 M | 58.51 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.