Filing Flows › Legence (LGN) › Q2 2026 › vs Q1 2026
Legence (LGN) Q2 2026 vs Q1 2026 (quarter over quarter)
Legence's revenue rose $224M (+22%) from $1.0B in Q1 2026 to $1.3B in Q2 2026. The biggest changes: Installation & Maintenance +$183M (+21%); Engineering & Consulting +$41.1M (+25%).
Legence, Q2 2026: revenue $1.3B (+111% year over year), operating margin -0.5%, net loss $34.6M, operating cash flow $74.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 4.0% | 9.9% | -5.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Installation & Maintenance | $1.1B | $872M | $183M | +21% |
| Engineering & Consulting | $207M | $166M | $41.1M | +25% |
| Revenue | $1.3B | $1.0B | $224M | +22% |
| Net loss | $34.6M | −$17.4M | $52.0M | — |
| Costs & expenses | $1.3B | $1.1B | $245M | +23% |
| Operating costs | $1.3B | $1.0B | $253M | +25% |
| Interest & other, net | $16.9M | $18.4M | −$1.5M | -8% |
| Income tax | $11.1M | −$13.4M | $24.5M | — |
| Cost of revenue | $1.0B | $852M | $190M | +22% |
| SG&A | $148M | $116M | $31.5M | +27% |
| Other operating costs | $79.3M | $47.7M | $31.6M | +66% |
| Operating cash sources | $109M | $103M | $6.2M | +6% |
| Depreciation & amortization | $38.0M | $36.8M | $1.1M | +3% |
| Share-based compensation | $59.8M | $36.7M | $23.2M | +63% |
| Working capital & other | $11.1M | $29.2M | −$18.1M | -62% |
| Net loss absorbed | $34.6M | −$17.4M | $52.0M | — |
| Operating cash flow | $74.4M | $120M | −$45.7M | -38% |
| Free cash flow (OCF − capex) | $50.3M | $102M | −$52.0M | -51% |
| Capital expenditures | $24.0M | $17.8M | $6.2M | +35% |
Questions
How much did Legence's revenue grow quarter over quarter in Q2 2026?
Legence's revenue rose $224M (+22%) from $1.0B in Q1 2026 to $1.3B in Q2 2026.
What drove Legence's revenue change in Q2 2026?
Installation & Maintenance +$183M (+21%); Engineering & Consulting +$41.1M (+25%).