Earnings & Results
Legence Sets 2027 Revenue Guidance of $5.3 Billion to $5.6 Billion as Q3 Results Land
By News Desk ·
Key takeaways
- Legence expects total revenues of $5.3 billion to $5.6 billion for full-year 2027.
- The guidance was published on November 12, 2026, the same day Legence released third-quarter 2026 results.
- Legence raised its 2026 revenue guidance to $4.7 billion to $4.8 billion in August 2026, citing data center demand.
Legence Corp. expects total revenues of $5.3 billion to $5.6 billion for full-year 2027, the company said in guidance published on November 12, 2026. MarketScreener carried the guidance, which set no specific revenue figure for the fourth quarter of 2026.
Legence's 2027 Revenue Range and Q3 Timing
The 2027 outlook puts the top of the range at $5.6 billion and the bottom at $5.3 billion. Legence published the figures at 11:50 a.m. EST on November 12, 2026, the same morning it released third-quarter 2026 results, according to MarketScreener's coverage.
Legence is a Blackstone-backed provider of engineering, installation, fabrication and maintenance services for mission-critical HVAC and MEP building systems, serving data centers, semiconductors, life sciences, healthcare, education and government clients through more than 15 regional sub-brands. The company is headquartered in San Jose and has traded on Nasdaq under the ticker LGN.
Legence's Recorded Funding and Acquisition Figures
Legence closed an upsized secondary underwritten public offering of 15.4 million shares at $54.00 per share in April 2026, with Blackstone-affiliated selling stockholders generating approximately $831 million in proceeds to sponsors, according to akta.pro company records. The same records show Legence completed its acquisition of The Bowers Group in January 2026 for $325 million in upfront cash plus $50 million in deferred consideration, and repriced a $995 million term loan credit facility in May 2026 to SOFR+2.00%.
Legence's Guidance Moves Before November
Legence raised its 2026 revenue guidance to $4.7 billion to $4.8 billion and its adjusted EBITDA guidance to $565 million to $585 million in August 2026, citing demand for mission-critical building systems in the data center sector, Seeking Alpha reported. For the second quarter of 2026, Legence reported revenue of $1.26 billion, up 110.7% year-over-year, with backlog of $5.67 billion, a gross margin of 17.4% and a net loss of $34.6 million, Yahoo reported. Legence said on October 29, 2026 that it would release third-quarter 2026 results before market open on November 12, 2026 and host a webcast at 10:00 a.m. EST, Stock Titan reported.
Legence's Replay Window
Legence said the replay of its November 12, 2026 earnings webcast would be available on the company's website through December 12, 2026, Stock Titan reported.