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Side-by-side financial comparison of Legence Corp. (LGN) and Perion Network Ltd. (PERI). Click either name above to swap in a different company.
Legence Corp. is the larger business by last-quarter revenue ($708.0M vs $368.7M, roughly 1.9× Perion Network Ltd.). Perion Network Ltd. runs the higher net margin — 2.1% vs -0.1%, a 2.2% gap on every dollar of revenue. Legence Corp. produced more free cash flow last quarter ($137.4M vs $-2.9M).
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.
Perion Network Ltd. is a publicly traded advertising technology company that provides digital advertising technology solutions to advertisers, agencies, retailers, and publishers. Its core offerings are delivered through Perion One, a unified omnichannel advertising platform designed to support campaign planning, activation, optimisation, and measurement across channels and verticals including connected television (CTV), digital out-of-home (DOOH), display, video advertising, as well as retai...
LGN vs PERI — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $708.0M | $368.7M |
| Net Profit | $-576.0K | $7.7M |
| Gross Margin | 20.9% | — |
| Operating Margin | 5.3% | 2.0% |
| Net Margin | -0.1% | 2.1% |
| Revenue YoY | 26.2% | — |
| Net Profit YoY | 46.8% | — |
| EPS (diluted) | $-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.
| Q3 25 | $708.0M | $368.7M | ||
| Q2 25 | — | $266.5M | ||
| Q1 25 | — | $157.8M | ||
| Q3 24 | $560.8M | $508.9M | ||
| Q2 24 | — | $323.6M | ||
| Q1 24 | — | $145.2M | ||
| Q3 23 | — | $430.6M | ||
| Q2 23 | — | $272.0M |
| Q3 25 | $-576.0K | $7.7M | ||
| Q2 25 | — | $5.6M | ||
| Q1 25 | — | $11.8M | ||
| Q3 24 | $-1.1M | $78.0M | ||
| Q2 24 | — | $45.2M | ||
| Q1 24 | — | $23.8M | ||
| Q3 23 | — | $60.5M | ||
| Q2 23 | — | $35.0M |
| Q3 25 | 20.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | 21.1% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
| Q3 25 | 5.3% | 2.0% | ||
| Q2 25 | — | -1.7% | ||
| Q1 25 | — | 5.4% | ||
| Q3 24 | 4.8% | 15.1% | ||
| Q2 24 | — | 13.7% | ||
| Q1 24 | — | 16.9% | ||
| Q3 23 | — | 15.8% | ||
| Q2 23 | — | 14.1% |
| Q3 25 | -0.1% | 2.1% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 7.5% | ||
| Q3 24 | -0.2% | 15.3% | ||
| Q2 24 | — | 14.0% | ||
| Q1 24 | — | 16.4% | ||
| Q3 23 | — | 14.1% | ||
| Q2 23 | — | 12.9% |
| Q3 25 | $-0.02 | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $176.0M | $156.2M |
| Total DebtLower is stronger | $812.6M | — |
| Stockholders' EquityBook value | $387.9M | $722.9M |
| Total Assets | $2.6B | $915.5M |
| Debt / EquityLower = less leverage | 2.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $176.0M | $156.2M | ||
| Q2 25 | — | $156.2M | ||
| Q1 25 | — | $156.2M | ||
| Q3 24 | — | $187.6M | ||
| Q2 24 | — | $187.6M | ||
| Q1 24 | — | $187.6M | ||
| Q3 23 | — | $176.2M | ||
| Q2 23 | — | $411.2M |
| Q3 25 | $812.6M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
| Q3 25 | $387.9M | $722.9M | ||
| Q2 25 | — | $722.9M | ||
| Q1 25 | — | $722.9M | ||
| Q3 24 | — | $718.1M | ||
| Q2 24 | — | $718.1M | ||
| Q1 24 | — | $718.1M | ||
| Q3 23 | — | $583.1M | ||
| Q2 23 | — | $636.5M |
| Q3 25 | $2.6B | $915.5M | ||
| Q2 25 | — | $915.5M | ||
| Q1 25 | — | $915.5M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B | ||
| Q3 23 | — | $870.2M | ||
| Q2 23 | — | $903.5M |
| Q3 25 | 2.10× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $162.1M | $2.6M |
| Free Cash FlowOCF − Capex | $137.4M | $-2.9M |
| FCF MarginFCF / Revenue | 19.4% | -0.8% |
| Capex IntensityCapex / Revenue | 3.5% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $162.1M | $2.6M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $105.2M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $17.8M | ||
| Q3 23 | — | $83.9M | ||
| Q2 23 | — | $49.3M |
| Q3 25 | $137.4M | $-2.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $104.7M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $17.6M | ||
| Q3 23 | — | $83.2M | ||
| Q2 23 | — | $48.8M |
| Q3 25 | 19.4% | -0.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 12.2% | ||
| Q3 23 | — | 19.3% | ||
| Q2 23 | — | 18.0% |
| Q3 25 | 3.5% | 1.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.1% | ||
| Q3 23 | — | 0.2% | ||
| Q2 23 | — | 0.2% |
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | 1.35× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.75× | ||
| Q3 23 | — | 1.39× | ||
| Q2 23 | — | 1.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LGN
| Installation And Fabrication | $408.7M | 58% |
| Engineering And Design | $110.9M | 16% |
| Program And Project Management | $101.2M | 14% |
| Maintenance And Service | $87.1M | 12% |
PERI
| Advertising Solutions | $231.4M | 63% |
| Search Advertising | $137.3M | 37% |
