StocksMedium•12 November 2026•
1 min read
Legence Reports Record Q3 Revenue and Authorizes $150M Stock Buyback
Key Facts
1Legence reported record quarterly revenues of $1.31 billion, an 85% increase year-over-year.
2The company's board authorized a new $150 million stock repurchase program.
3The company raised its full-year 2026 revenue guidance to a range of $4.87 billion to $4.91 billion.
Legence reported record quarterly revenues of $1.31 billion for the third quarter of 2026, representing an 85% increase year-over-year. GlobeNewswire reported that the company's board authorized a new $150 million stock repurchase program and raised its full-year 2026 revenue guidance to a range of $4.87 billion to $4.91 billion.
The strong performance was driven by organic growth and the Bowers acquisition, which resulted in a 92% increase in total backlog to $5.90 billion. LGN closed at $37.09 on November 11, 2026, after reaching a day high of $37.72 and a low of $33.50.