Legence Corp. filed its quarterly report on Form 10-Q for the period ended June 30, 2026, with the U.S. Securities and Exchange Commission on August 13, 2026, disclosing condensed consolidated financial statements and related management discussion.

Key Highlights

  • Shares outstanding: As of August 10, 2026, total common stock outstanding was 108,075,480 shares, comprising 76,904,346 shares of Class A common stock and 31,171,134 shares of Class B common stock.
  • Cash and cash equivalents: Reported at $291,980 thousand as of June 30, 2026, up from $230,166 thousand as of December 31, 2025.
  • Accounts receivable, net: Increased to $918,930 thousand as of June 30, 2026, from $584,060 thousand as of December 31, 2025.
  • Contract assets, net: Rose to $382,167 thousand as of June 30, 2026, compared with $259,941 thousand as of December 31, 2025.
  • Total current assets: Stood at $1,648,176 thousand as of June 30, 2026, versus $1,110,346 thousand as of December 31, 2025.
  • Goodwill: Reported at $822,521 thousand as of June 30, 2026, compared with $764,336 thousand as of December 31, 2025.
  • Filer status: The registrant is classified as a non-accelerated filer and is not an emerging growth company, according to the filing.

Legence Corp. Balance Sheet and Capital Structure as of June 30, 2026

Legence Corp. (NASDAQ:LGN), a Delaware-incorporated company headquartered in San Jose, California, filed its Form 10-Q for the quarterly period ended June 30, 2026. The filing covers condensed consolidated financial statements for both the three- and six-month periods ended June 30, 2026, with comparative data for the corresponding prior-year periods and the December 31, 2025 balance sheet date.

According to the filing, total current assets grew to $1,648,176 thousand as of June 30, 2026, from $1,110,346 thousand at December 31, 2025. The company reported accounts receivable, net, of $918,930 thousand and contract assets, net, of $382,167 thousand at the end of the second quarter, both materially higher than the prior year-end figures of $584,060 thousand and $259,941 thousand, respectively. Cash and cash equivalents were $291,980 thousand at June 30, 2026. Property and equipment, net of accumulated depreciation of $115,490 thousand, was reported at $130,412 thousand, while goodwill stood at $822,521 thousand, up from $764,336 thousand at December 31, 2025.

The filing notes that forward-looking statements included in the quarterly report are subject to risks and uncertainties described in the report and in the company's annual report on Form 10-K for the year ended December 31, 2025. The company stated it "disclaim[s] any duty to update any forward-looking statements" except as required by applicable law. As of August 10, 2026, Class A common stock carried a par value of $0.01 per share, and Class B common stock carried a par value of $0.01 per share.

What Was Disclosed

Legence Corp. disclosed its unaudited condensed consolidated balance sheet, statements of operations, comprehensive loss, changes in equity, and cash flows for the quarter and six months ended June 30, 2026, along with share counts as of August 10, 2026, and management discussion and analysis.