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Side-by-side financial comparison of Indivior Pharmaceuticals, Inc. (INDV) and Legence Corp. (LGN). Click either name above to swap in a different company.

Legence Corp. is the larger business by last-quarter revenue ($708.0M vs $357.0M, roughly 2.0× Indivior Pharmaceuticals, Inc.). Indivior Pharmaceuticals, Inc. runs the higher net margin — 28.9% vs -0.1%, a 28.9% gap on every dollar of revenue. Legence Corp. produced more free cash flow last quarter ($137.4M vs $-245.0M).

Indivior is a global specialty pharmaceutical company dedicated to developing and commercializing evidence-based treatments for substance use disorders such as opioid use disorder and alcohol dependence, as well as related mental health conditions. Its primary operating markets are North America and Europe, with a portfolio of approved therapies targeting unmet medical needs for underserved patient groups.

Legence Corp is a leading sustainable building and decarbonization solution provider. It delivers energy efficiency optimization, building automation design, renewable energy integration, and low-carbon retrofit services for commercial, industrial, and institutional clients, with core operations across North America to help customers cut costs and reduce carbon footprints.

INDV vs LGN — Head-to-Head

Bigger by revenue
LGN
LGN
2.0× larger
LGN
$708.0M
$357.0M
INDV
Higher net margin
INDV
INDV
28.9% more per $
INDV
28.9%
-0.1%
LGN
More free cash flow
LGN
LGN
$382.4M more FCF
LGN
$137.4M
$-245.0M
INDV

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
INDV
INDV
LGN
LGN
Revenue
$357.0M
$708.0M
Net Profit
$103.0M
$-576.0K
Gross Margin
82.1%
20.9%
Operating Margin
22.7%
5.3%
Net Margin
28.9%
-0.1%
Revenue YoY
26.2%
Net Profit YoY
390.5%
46.8%
EPS (diluted)
$0.79
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INDV
INDV
LGN
LGN
Q4 25
$357.0M
Q3 25
$314.0M
$708.0M
Q2 25
$302.0M
Q1 25
$266.0M
Q3 24
$307.0M
$560.8M
Q2 24
$299.0M
Net Profit
INDV
INDV
LGN
LGN
Q4 25
$103.0M
Q3 25
$42.0M
$-576.0K
Q2 25
$18.0M
Q1 25
$47.0M
Q3 24
$22.0M
$-1.1M
Q2 24
$-97.0M
Gross Margin
INDV
INDV
LGN
LGN
Q4 25
82.1%
Q3 25
73.2%
20.9%
Q2 25
82.8%
Q1 25
83.1%
Q3 24
78.5%
21.1%
Q2 24
73.6%
Operating Margin
INDV
INDV
LGN
LGN
Q4 25
22.7%
Q3 25
13.7%
5.3%
Q2 25
23.8%
Q1 25
24.8%
Q3 24
11.4%
4.8%
Q2 24
-39.5%
Net Margin
INDV
INDV
LGN
LGN
Q4 25
28.9%
Q3 25
13.4%
-0.1%
Q2 25
6.0%
Q1 25
17.7%
Q3 24
7.2%
-0.2%
Q2 24
-32.4%
EPS (diluted)
INDV
INDV
LGN
LGN
Q4 25
$0.79
Q3 25
$0.33
$-0.02
Q2 25
$0.14
Q1 25
$0.38
Q3 24
$0.16
Q2 24
$-0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INDV
INDV
LGN
LGN
Cash + ST InvestmentsLiquidity on hand
$195.0M
$176.0M
Total DebtLower is stronger
$812.6M
Stockholders' EquityBook value
$-98.0M
$387.9M
Total Assets
$1.2B
$2.6B
Debt / EquityLower = less leverage
2.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INDV
INDV
LGN
LGN
Q4 25
$195.0M
Q3 25
$445.0M
$176.0M
Q2 25
$510.0M
Q1 25
$373.0M
Q3 24
Q2 24
Total Debt
INDV
INDV
LGN
LGN
Q4 25
Q3 25
$812.6M
Q2 25
Q1 25
Q3 24
Q2 24
Stockholders' Equity
INDV
INDV
LGN
LGN
Q4 25
$-98.0M
Q3 25
$-207.0M
$387.9M
Q2 25
$-257.0M
Q1 25
$-285.0M
Q3 24
$-310.0M
Q2 24
$-281.0M
Total Assets
INDV
INDV
LGN
LGN
Q4 25
$1.2B
Q3 25
$1.4B
$2.6B
Q2 25
$1.5B
Q1 25
$1.4B
Q3 24
Q2 24
Debt / Equity
INDV
INDV
LGN
LGN
Q4 25
Q3 25
2.10×
Q2 25
Q1 25
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INDV
INDV
LGN
LGN
Operating Cash FlowLast quarter
$-221.0M
$162.1M
Free Cash FlowOCF − Capex
$-245.0M
$137.4M
FCF MarginFCF / Revenue
-68.6%
19.4%
Capex IntensityCapex / Revenue
6.7%
3.5%
Cash ConversionOCF / Net Profit
-2.15×
TTM Free Cash FlowTrailing 4 quarters
$-93.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INDV
INDV
LGN
LGN
Q4 25
$-221.0M
Q3 25
$-39.0M
$162.1M
Q2 25
$158.0M
Q1 25
$75.0M
Q3 24
$2.0M
Q2 24
$88.0M
Free Cash Flow
INDV
INDV
LGN
LGN
Q4 25
$-245.0M
Q3 25
$-59.0M
$137.4M
Q2 25
$141.0M
Q1 25
$70.0M
Q3 24
$-5.0M
Q2 24
$84.0M
FCF Margin
INDV
INDV
LGN
LGN
Q4 25
-68.6%
Q3 25
-18.8%
19.4%
Q2 25
46.7%
Q1 25
26.3%
Q3 24
-1.6%
Q2 24
28.1%
Capex Intensity
INDV
INDV
LGN
LGN
Q4 25
6.7%
Q3 25
6.4%
3.5%
Q2 25
5.6%
Q1 25
1.9%
Q3 24
2.3%
Q2 24
1.3%
Cash Conversion
INDV
INDV
LGN
LGN
Q4 25
-2.15×
Q3 25
-0.93×
Q2 25
8.78×
Q1 25
1.60×
Q3 24
0.09×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INDV
INDV

Sublocade$233.0M65%
Sublingual And Other$69.0M19%
Other$49.0M14%
Perseris$6.0M2%

LGN
LGN

Installation And Fabrication$408.7M58%
Engineering And Design$110.9M16%
Program And Project Management$101.2M14%
Maintenance And Service$87.1M12%

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