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Balance Sheets Overview

Current Ratio
134.58%
Quick Ratio
134.58%
Cash Ratio
23.84%
Debt to Asset Ratio
73.86%
Unit: Thousand (K) dollars
Assets Breakdown
    • Accounts receivable, net
    • Contract assets, net
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Long-term debt, net of current p...
    • Additional paid-in capital
    • Contract liabilities
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
291,980
244,620
230,166
176,034
Accounts receivable, net
918,930
827,255
584,060
588,433
Contract assets, net
382,167
355,750
259,941
234,302
Prepaid expenses and other current assets
55,099
42,974
36,179
39,038
Total current assets
1,648,176
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 115,490 and 98,650 as of june30, 2026 and december31, 2025, respectively
130,412
115,361
92,333
-
Operating lease right-of-use assets (including 18,598 and 20,025 as of june30, 2026 and december31, 2025, respectively, from related parties)
153,536
143,794
117,139
106,469
Goodwill
822,521
841,958
764,336
782,931
Intangible assets, net
792,175
843,266
551,420
562,361
Other assets
192,869
68,130
43,822
29,607
Total assets
3,739,689
3,483,108
2,679,396
2,600,269
Accounts payable
428,988
350,316
246,161
224,256
Accrued compensation and benefits
139,133
120,264
68,064
89,832
Accrued and other current liabilities
81,405
73,849
16,475
25,659
Contract liabilities
517,932
543,280
339,462
285,894
Current portion of operating lease liabilities (including 3,889 and 3,920 as of june30, 2026 and december31, 2025, respectively, from related parties)
31,008
27,402
21,300
18,051
Current portion of long-term debt
26,201
18,297
16,694
16,301
Total current liabilities
1,224,667
1,133,408
708,156
659,993
Long-term debt, net of current portion (including 97,162 and 84,735 as of june30, 2026 and december31, 2025, respectively, from related parties)
1,008,336
1,008,769
812,398
812,628
Operating lease liabilities, net of current portion (including 15,759 and 17,282 as of june30, 2026 and december31, 2025, respectively, from related parties)
130,023
123,250
103,762
94,568
Tax receivable agreement liability - related party
342,729
208,838
207,448
146,474
Deferred tax liabilities, net
43,397
45,149
46,714
41,543
Other long-term liabilities
12,997
12,655
12,123
17,590
Total liabilities
2,762,149
2,532,069
1,890,601
1,772,796
Common stock-Common Class A
768
673
638
585
Common stock-Common Class B
312
407
415
467
Additional paid-in capital
917,012
796,998
701,791
664,299
Accumulated deficit
-321,696
-293,855
-309,949
-277,228
Accumulated other comprehensive income (loss)
4,067
1,221
-698
-248
Total legence stockholders' equity
600,463
505,444
392,197
387,875
Noncontrolling interests
377,077
445,595
396,598
439,598
Total stockholders' equity
977,540
951,039
788,795
827,473
Total liabilities and stockholders' equity
3,739,689
3,483,108
2,679,396
2,600,269
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Accounts receivable, net$918,930K Contract assets, net$382,167K Cash and cashequivalents$291,980K Prepaid expenses andother current assets$55,099K Total current assets$1,648,176K Goodwill$822,521K Intangible assets, net$792,175K Other assets$192,869K Operating leaseright-of-use assets...$153,536K Property and equipment,net of accumulated...$130,412K Total assets$3,739,689K Total liabilities andstockholders' equity$3,739,689K Total liabilities$2,762,149K Total stockholders'equity$977,540K Total currentliabilities$1,224,667K Long-term debt, net ofcurrent portion...$1,008,336K Tax receivableagreement liability -...$342,729K Operating leaseliabilities, net of current...$130,023K Deferred taxliabilities, net$43,397K Other long-termliabilities$12,997K Total legencestockholders' equity$600,463K Noncontrolling interests$377,077K Accumulated deficit-$321,696K Contract liabilities$517,932K Accounts payable$428,988K Accrued compensationand benefits$139,133K Accrued and othercurrent liabilities$81,405K Current portion ofoperating lease...$31,008K Current portion oflong-term debt$26,201K Additional paid-in capital$917,012K Accumulated othercomprehensive income (loss)$4,067K Common stock-CommonClass A$768K Common stock-CommonClass B$312K

Legence Corp. (LGN)

Legence Corp. (LGN)