Legence Corp. reports 34.6% revenue surge in Q4 2025 with $3.67B backlog
Legence Corp. has reported strong financial growth, with Q4 2025 revenue climbing 34.6% to $737.6 million. The company's backlog also surged by 48.6%, reaching $3.674 billion by the end of last year. Investors responded positively, pushing shares up by 5.7% after the announcement. The company's expansion in mission-critical infrastructure has driven much of this growth. Key sectors like data centres, technology, and healthcare contributed significantly to the revenue rise. Installation and maintenance operations alone saw a 44.4% increase in Q4 2025.
Legence also strengthened its market position through strategic acquisitions. On January 2, 2026, it completed the $325 million purchase of Bowers, boosting its presence in Northern Virginia and the DC Metro area. Just two months later, on March 1, it acquired Metrix, further expanding its capabilities. Financially, the company ended 2025 with $230.2 million in cash and $825.1 million in total debt. Looking ahead, Legence has raised its 2026 revenue forecast to $3.9 billion. Adjusted EBITDA for the same year is expected to fall between $400 million and $430 million.
Legence's recent acquisitions and strong financial results have reinforced its position in key infrastructure markets. With a growing backlog and higher revenue projections, the company appears set for continued expansion in 2026.
