For the quarter ending 2026-03-31, LGN has $3,483,108K in assets. $2,532,069K in debts. $244,620K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 244,620 | 230,166 | 176,034 | |
| Accounts receivable, net | 827,255 | 584,060 | 588,433 | |
| Contract assets, net | 355,750 | 259,941 | 234,302 | |
| Prepaid expenses and other current assets | 42,974 | 36,179 | 39,038 | |
| Total current assets | 1,470,599 | 1,110,346 | 1,037,807 | |
| Property and equipment, net of accumulated depreciation of 92,084 and 70,676 as of september30, 2025 and december31, 2024, respectively | - | - | 81,094 | |
| Property and equipment, net of accumulated depreciation of 106,729 and 98,650 as of march31, 2026 and december31, 2025, respectively | 115,361 | 92,333 | - | |
| Operating lease right-of-use assets (including 19,082 and 20,025 as of march31, 2026 and december31, 2025, respectively, from related parties) | 143,794 | 117,139 | 106,469 | |
| Goodwill | 841,958 | 764,336 | 782,931 | |
| Intangible assets, net | 843,266 | 551,420 | 562,361 | |
| Other assets | 68,130 | 43,822 | 29,607 | |
| Total assets | 3,483,108 | 2,679,396 | 2,600,269 | |
| Accounts payable | 350,316 | 246,161 | 224,256 | |
| Accrued compensation and benefits | 120,264 | 68,064 | 89,832 | |
| Accrued and other current liabilities | 73,849 | 16,475 | 25,659 | |
| Contract liabilities | 543,280 | 339,462 | 285,894 | |
| Current portion of operating lease liabilities (including 3,946 and 3,920 as of march31, 2026 and december31, 2025, respectively, from related parties) | 27,402 | 21,300 | 18,051 | |
| Current portion of long-term debt | 18,297 | 16,694 | 16,301 | |
| Total current liabilities | 1,133,408 | 708,156 | 659,993 | |
| Long-term debt, net of current portion (including 96,545 and 84,735 as of march31, 2026 and december31, 2025, respectively, from related parties) | 1,008,769 | 812,398 | 812,628 | |
| Operating lease liabilities, net of current portion (including 16,290 and 17,282 as of march31, 2026 and december31, 2025, respectively, from related parties) | 123,250 | 103,762 | 94,568 | |
| Tax receivable agreement liability - related party | 208,838 | 207,448 | 146,474 | |
| Deferred tax liabilities, net | 45,149 | 46,714 | 41,543 | |
| Other long-term liabilities | 12,655 | 12,123 | 17,590 | |
| Total liabilities | 2,532,069 | 1,890,601 | 1,772,796 | |
| Common stock-Common Class A | 673 | 638 | 585 | |
| Common stock-Common Class B | 407 | 415 | 467 | |
| Additional paid-in capital | 796,998 | 701,791 | 664,299 | |
| Accumulated deficit | -293,855 | -309,949 | -277,228 | |
| Accumulated other comprehensive income (loss) | 1,221 | -698 | -248 | |
| Total legence stockholders' equity | 505,444 | 392,197 | 387,875 | |
| Noncontrolling interests | 445,595 | 396,598 | 439,598 | |
| Total stockholders' equity | 951,039 | 788,795 | 827,473 | |
| Total liabilities and stockholders' equity | 3,483,108 | 2,679,396 | 2,600,269 | |