Legence Corp. Reports Third Quarter 2026 Financial Results and Announces Stock Repurchase Program

Legence Corp. reported record third-quarter 2026 revenue of $1.31 billion, an 85% increase from the prior year, alongside record backlog and awarded contracts totaling $5.90 billion. The company's Board of Directors authorized a $150 million stock repurchase program. Legence provided updated guidance for the full year 2026, projecting revenue between $4.87 billion and $4.91 billion, and established initial 2027 guidance with revenue expected between $5.3 billion and $5.6 billion. Additionally, the company announced the acquisition of a mechanical contractor in central Texas to expand its regional support. CEO Jeff Sprau attributed the performance to strong customer demand and successful project execution.