Legence Corp. reports 21.5% revenue surge as data centre demand soars

Legence Corp. has reported strong financial growth for 2025, with annual revenue rising by 21.5%. The company's latest results show a significant jump in earnings, driven by high demand in the data centre sector. Investors responded positively, pushing share prices up by 5.7% after the announcement. The company's annual revenue reached $2.55 billion, up from the previous year. Fourth-quarter performance was particularly strong, with a 34.6% year-over-year revenue increase. Installation operations played a key role, contributing to a 44.4% revenue gain in the quarter.

Adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) also grew. For Q4 2025, it hit $87.0 million, while the full-year figure rose to $298.8 million. The company's contract backlog expanded to $3.7 billion, with total backlog and awarded contracts reaching $3.674 billion by year-end. Looking ahead, Legence has raised its 2026 revenue projections. The company now expects earnings between $3.7 billion and $3.9 billion. Strong market conditions in data centres have boosted order growth and improved long-term visibility.

The latest financial results highlight Legence's rapid expansion in key sectors. With a growing backlog and higher revenue forecasts, the company appears well-positioned for continued growth. Shareholders have already seen gains, as stock prices climbed following the positive report.