Legence Posts Record Q4 Revenue, Raises 2026 Guidance on Strong Backlog Growth
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Legence Corp. reported robust fourth-quarter and full-year 2025 financial results, highlighted by record quarterly revenues of $737.6 million, a 34.6% year-over-year increase, and a 53% surge in Adjusted EBITDA. The company also achieved a record total backlog and awards of $3.7 billion, up 49% from the prior year, with a strong Q4 book-to-bill ratio of 1.9x. Significantly, Legence raised its full-year 2026 revenue guidance to $3.7 billion - $3.9 billion and Adjusted EBITDA guidance to $400 million - $430 million, signaling strong confidence in future performance. This positive outlook, supported by organic growth and strategic acquisitions like The Bowers Group (which had an amended 8-K filed recently), suggests continued momentum for the company's mission-critical building systems. Traders will be watching for sustained execution against this raised guidance and the conversion of the substantial backlog.
At the time of this announcement, LGN was trading at $56.79 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $5.9B. The 52-week trading range was $26.96 to $58.10. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.