The following table sets forth the computation of basic and diluted EPS. Prior to the IPO, Legence Holdings was a single-member limited liability company and did not present earnings per share. Due to the IPO and Corporate Reorganization, the Company’s capital structure before and after the IPO is not comparable and would not be meaningful to the users of these Condensed Consolidated financial statements. As a result, only earnings per share for the three and six months ended June 30, 2026 are presented.


(in thousands, except per share data)	Three Months Ended June 30, 2026		Six Months Ended June 30, 2026
Numerator—basic:
Net loss	$	(34,564)	$	(17,170)
Less: Net loss attributable to noncontrolling interests	(6,723)		(5,423)
Net loss attributable to Legence—basic	$	(27,841)	$	(11,747)
Denominator—basic:
Weighted-average Class A Common Stock outstanding—basic	76,032		71,616
Loss per share—basic	$	(0.37)	$	(0.16)

Numerator—diluted:
Net loss attributable to Class A Common Stockholders—basic	$	(27,841)	$	(11,747)
Effect of assumed exchange of LGN B Units	—		(10,873)
Effect of exchange of LGN B Units related to exercise of underwriters' overallotment option and Subsequent Secondary Offering	—		(1,810)
Net loss attributable to Class A Common Stockholders—diluted	$	(27,841)	$	(24,430)
Denominator—diluted:
Weighted-average Class A Common Stock outstanding—basic	76,032		71,616
Weighted-average effect of dilutive securities:
Effect of assumed exchange of LGN B Units	—		31,171
Effect of exchange of LGN B Units related to exercise of underwriters' overallotment option and Subsequent Secondary Offering	—		5,189
Weighted-average Class A Common Stock outstanding—diluted	76,032		107,976
Loss per share—diluted	$	(0.37)	$	(0.23)