Legence (LGN) Q1 FY26 earnings call

Earnings call· Mar 2026 (Q1 FY26)· Industrials· May 14, 2026

Source: earnings call transcript

Legence delivered a strong first quarter, exceeding guidance with robust organic growth and significant contributions from the Bowers acquisition, particularly in the data center market. The company achieved record backlog and improved free cash flow, leading to a substantial increase in full-year revenue and EBITDA guidance. Management highlighted successful project execution and strategic M&A integration, positioning Legence for continued growth and future M&A flexibility.

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LGN operating KPIs by quarter

LGN operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Dec 2025 Q4 FY25	This call Mar 2026 Q1 FY26	Jun 2026 Q2 FY26	Change vs prior quarter
Book-to-bill ratio	1.9 ratio This translated to a book-to-bill ratio for the 3 months ended December 2025 of 1.9x, an acceleration from what was already a robust third quarter book-to-bill of 1.5. Source: earnings call transcript	1.2 ratio The resulting book-to-bill ratio for the 3 months ended March 2026 was 1.2x. Source: earnings call transcript	1.2 ratio Our consolidated book-to-bill ratio for the 3 months ended June 2026 was 1.2x. Source: earnings call transcript	0%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.