# Legence Corp. (LGN) FY2026 Q2 Statement of Cash Flows

- Company: Legence Corp. (LGN)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-13, accession number 0002052568-26-000026
- Page: https://plicit.ai/financials/lgn/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/lgn-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2026**: 244,620,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- **Operating activities**: 74,382,000 US dollars. Net cash provided.
- **Net loss**: negative 34,564,000 US dollars
- **Long-lived asset impairment**: 19,491,000 US dollars
- **Goodwill impairment**: 21,586,000 US dollars
- **Amortization of intangible assets**: 33,400,000 US dollars
- **Depreciation of property and equipment**: 10,790,000 US dollars
- **Amortization of debt issuance costs and discounts**: 434,000 US dollars
- **Stock-based compensation**: 59,826,000 US dollars
- **Compensation expense - Performance Interests**: 11,791,000 US dollars
- **Deferred taxes**: negative 7,326,000 US dollars
- **Equity in earnings of joint venture**: negative 88,000 US dollars
- **Operating lease right-of-use asset lease expense**: 7,536,000 US dollars
- **Other**: 724,000 US dollars
- **Accounts receivable, net**: negative 91,853,000 US dollars
- **Contract assets**: negative 27,985,000 US dollars
- **Prepaid expenses and other current assets**: negative 1,385,000 US dollars
- **Accounts payable**: 79,153,000 US dollars
- **Accrued compensation and benefits**: 18,672,000 US dollars
- **Accrued and other current liabilities**: 7,764,000 US dollars
- **Contract liabilities**: negative 27,720,000 US dollars
- **Operating lease liabilities, current and long-term**: negative 6,898,000 US dollars
- **Other long-term assets and liabilities**: 1,034,000 US dollars
- **Investing activities**: negative 23,921,000 US dollars. Net cash used.
- **Purchases of property and equipment**: negative 24,045,000 US dollars
- **Consideration paid for acquisitions, net of cash acquired**: 37,000 US dollars
- **Proceeds from sale of property and equipment**: 87,000 US dollars
- **Financing activities**: negative 3,101,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Debt issuance costs), so Other cannot be separated for this quarter. It may combine inflows and outflows.
- **Term loan borrowings (including $15,000 and $2,495 in 2026 and 2025, respectively, from related parties)**: 0 US dollars
- **Term loan payments**: negative 2,489,000 US dollars
- **Revolver borrowings**: 0 US dollars
- **Revolver payments**: 0 US dollars
- **Notes payable payments**: negative 1,368,000 US dollars
- **Finance lease payments**: negative 1,567,000 US dollars
- **Payments for deferred offering costs**: 0 US dollars
- **Remaining financing cash flows, net (calculated)**: 2,323,000 US dollars
- **Operating adjustment reconciliation**: 272,201,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing displayed reconciliation**: 5,424,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **investing gross reconciliation**: 24,045,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 0 US dollars
- **Ending cash on Jun 30, 2026**: 291,980,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- **Cash sources and uses**: 319,002,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 47,360,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
- **Operating cash flow**: 74,382,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 24,045,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 50,337,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net loss −$34.56M + net operating adjustments $108.95M = operating cash +$74.38M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 74,382,000 US dollars minus 24,045,000 US dollars equals 50,337,000 US dollars.