Short answer
Legence Corp. (LGN) filed its Q3 2025 10-Q quarterly report on Nov 14, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $1.8B with net income of −$27M.
Q3 2025 key financials · XBRL
- Revenue
- $1.8B
- Net income
- −$27M
- Operating margin
- 4.7%
- Gross margin
- 21.4%
- EPS (diluted)
- −$0.02
Source: XBRL data from the Legence Corp. (LGN) Q3 2025 10-Q on SEC EDGAR. USD.
Legence Corp. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- New risk: Increased acquisition-related costs $12.5M in 9M 2025 due to 2024 acquisitions impacting operating expenses and integration challenges
- Updated operational risk: Rising subcontractor expense $138.3M Q3 2025 vs $117.2M Q3 2024, and equipment expense $172.7M vs $107.9M, pressuring margins
- Regulatory risk: Ongoing exposure to tariffs, import restrictions, and trade tensions may increase costs and disrupt supply chains for HVAC and electrical equipment
- Market risk: Demand highly sensitive to commercial construction cycles and interest rate fluctuations, with growth driven by technology, life sciences, and education sectors
- Financial risk: Liquidity strengthened with $176M cash + $84.8M credit availability at 9/30/25, but increased interest expense $88.2M 9M 2025 vs $65.4M prior and early debt extinguishment loss $5.7M
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Legence Corp. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.