For the quarter ending 2025-09-30, LGN had $94,867K increase in cash & cash equivalents over the period. $137,390K in free cash flow.
| Cash Flow | 2025-09-30 |
|---|---|
| Net income (loss) | -22,629 |
| Amortization of intangible assets | 61,888 |
| Depreciation of property and equipment | 23,723 |
| Amortization of debt issuance costs and discounts | 3,007 |
| Stock-based compensation | 21,881 |
| Deferred taxes | 6,378 |
| Equity in earnings of joint venture | 848 |
| Return on investment in joint venture | 500 |
| Operating lease right-of-use asset lease expense | 12,959 |
| Loss on debt extinguishment | -5,685 |
| Other | -148 |
| Accounts receivable, net | 139,448 |
| Contract assets | 46,182 |
| Prepaid expenses and other current assets | -1,198 |
| Accounts payable | 94,542 |
| Accrued compensation and benefits | 34,355 |
| Accrued and other current liabilities | -4,110 |
| Contract liabilities | 120,027 |
| Operating lease liabilities, current and long-term | -10,727 |
| Other long-term assets and liabilities | 223 |
| Cash provided by operating activities | 162,124 |
| Purchases of property and equipment | 24,734 |
| Consideration paid for acquisitions, net of cash acquired | 453 |
| Proceeds from sale of property and equipment | 226 |
| Cash used in investing activities | -24,961 |
| Term loan borrowings (including 2,495 and 38,500 in 2025 and 2024, respectively, from related parties) | 2,495 |
| Term loan payments (including 74,797 in 2025 to related parties) | 795,073 |
| Notes payable payments | 6,102 |
| Finance lease payments | 2,694 |
| Cash distributions to legence parent | 0 |
| Cash contributions from legence parent | 0 |
| Proceeds from ipo, net of underwriting discounts and commissions | 780,243 |
| Debt issuance costs | 0 |
| Payments of contingent consideration (including (20,663) in 2024 from related parties) | 0 |
| Payments for deferred offering costs | 21,165 |
| Cash (used in) provided by financing activities | -42,296 |
| Increase (decrease) in cash and cash equivalents | 94,867 |
| Cash and cash equivalents at beginning of period | 81,167 |
| Cash and cash equivalents at end of period | 176,034 |
Legence Corp. (LGN)
Legence Corp. (LGN)