For the quarter ending 2025-09-30, LGN has $2,600,269K in assets. $1,772,796K in debts. $176,034K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 176,034 | |||
| Accounts receivable, net | 588,433 | |||
| Contract assets, net | 234,302 | |||
| Prepaid expenses and other current assets | 39,038 | |||
| Total current assets | 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 | |||
| Operating lease right-of-use assets (including 20,705 and 23,375 as of september30, 2025 and december31, 2024, respectively, from related parties) | 106,469 | |||
| Goodwill | 782,931 | |||
| Intangible assets, net | 562,361 | |||
| Other assets | 29,607 | |||
| Total assets | 2,600,269 | |||
| Accounts payable | 224,256 | |||
| Accrued compensation and benefits | 89,832 | |||
| Accrued and other current liabilities | 25,659 | |||
| Contract liabilities | 285,894 | |||
| Current portion of operating lease liabilities (including 3,906 and 3,654 as of september30, 2025 and december31, 2024, respectively, from related parties) | 18,051 | |||
| Current portion of long-term debt | 16,301 | |||
| Total current liabilities | 659,993 | |||
| Long-term debt, net of current portion (including 87,486 and 211,039 as of september30, 2025 and december31, 2024, respectively, from related parties) | 812,628 | |||
| Operating lease liabilities, net of current portion (including 17,997 and 20,960 as of september30, 2025 and december31, 2024, respectively, from related parties) | 94,568 | |||
| Tax receivable agreement liability - related party | 146,474 | |||
| Deferred tax liabilities, net | 41,543 | |||
| Other long-term liabilities | 17,590 | |||
| Total liabilities | 1,772,796 | |||
| Common stock-Common Class A | 585 | |||
| Common stock-Common Class B | 467 | |||
| Additional paid-in capital | 664,299 | |||
| Accumulated deficit | -277,228 | |||
| Accumulated other comprehensive (loss) income | -248 | |||
| Total legence stockholders' equity / member's equity | 387,875 | |||
| Noncontrolling interests | 439,598 | |||
| Total stockholders' equity / member's equity | 827,473 | |||
| Total liabilities and stockholders' equity / member's equity | 2,600,269 | |||
Legence Corp. (LGN)
Legence Corp. (LGN)