Legence — Third Quarter 2026 Earnings Summary

Legence Corp. reported record third-quarter 2026 revenues of $1.31 billion, representing an 85% increase from the prior year, driven by strong demand in the Installation & Maintenance segment. The company achieved a non-GAAP Adjusted EBITDA of $177.0 million, a 99% year-over-year increase, while total backlog and awarded contracts reached a record $5.90 billion. Following the acquisition of The Bowers Group, Inc., Legence raised its full-year 2026 revenue guidance to $4.87–$4.91 billion and established 2027 guidance of $5.3–$5.6 billion. Additionally, the Board authorized a $150 million stock repurchase program to reflect the company's strong financial position and capital allocation strategy.