Legence Corp. Forecasts 2027 Revenue Between $5.3B and $5.6B Amid Record Q3 Growth
Legence Corp. (LGN) reported exceptional third-quarter results for fiscal year 2026, highlighted by an 85% year-over-year increase in quarterly revenue. The company achieved record levels in both its backlog and new awards, which saw a growth rate exceeding 90%. Additionally, adjusted EBITDA nearly doubled compared to the previous year. Looking ahead, Legence has provided ambitious long-term guidance, forecasting annual revenue between $5.3 billion and $5.6 billion by 2027, with expected EBITDA in the range of $690 million to $730 million. To support shareholder value alongside this growth trajectory, the company has authorized a new share repurchase program.
Tickers: $LGN
Topics: backlog earnings report EBITDA revenue growth
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