Legence Reports First Quarter 2026 Financial Results
Legence reported Q1 2026 revenue of $1.04 billion, a 105% increase from the prior year, driven by strong organic growth and contributions from the Bowers acquisition. Adjusted EBITDA for the quarter was $118.1 million, up 132% from the prior year, reflecting robust operational performance and cost management. The company raised its full-year 2026 guidance, now expecting revenue of $4.1 billion to $4.3 billion and Non-GAAP Adjusted EBITDA of $470 million to $490 million.
Key figures
- Eps
- 0.13
- Revenue
- 1037893000
- Guidance
- Q2 2026 revenue $1.05B-$1.1B, Non-GAAP Adjusted EBITDA $115M-$125M; Full year 2026 revenue $4.1B-$4.3B, Non-GAAP Adjusted EBITDA $470M-$490M
- Revenue Yoy
- 105.1%
- Gmv
- 5382850000
- Backlog
- 5382850000
- Gross profit
- 186154000
- Net leverage
- 2.1
- Adjusted ebitda
- 118101000
- Operating income
- 22367000
- Book to bill ratio
- 1.2
- Adjusted net leverage
- 1.8
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.