IES Holdings, Inc.IESCEarnings & Financial Report
IES Holdings, Inc., formerly known as Integrated Electrical Services, Inc., designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities.
Revenue
$775.8M
Gross Profit
$186.4M
Operating Profit
$75.0M
Net Profit
$65.5M
Gross Margin
24.0%
Operating Margin
9.7%
Net Margin
8.4%
YoY Growth
19.5%
EPS
$3.06
IES Holdings, Inc. Q4 FY2024 Financial Summary
IES Holdings, Inc. reported revenue of $775.8M (up 19.5% YoY) for Q4 FY2024, with a net profit of $65.5M (up 73.3% YoY) (8.4% margin). Cost of goods sold was $589.4M, operating expenses totaled $111.4M.
Key Financial Metrics
| Total Revenue | $775.8M |
|---|---|
| Net Profit | $65.5M |
| Gross Margin | 24.0% |
| Operating Margin | 9.7% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
IES Holdings, Inc. Q4 FY2024 revenue of $775.8M breaks down across 5 segments, led by Residential at $356.1M (45.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Residential | $356.1M | 45.9% |
| Communications | $219.9M | 28.3% |
| Custom Power Solutions | $92.1M | 11.9% |
| Commercialand Industrial | $89.4M | 11.5% |
| Industrial Services | $18.3M | 2.4% |
IES Holdings, Inc. Revenue by Segment — Quarterly Trend
IES Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Residential and Communications) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Residential | — | $320.4M | — | $318.0M |
| Communications | $351.9M | $335.5M | $299.2M | — |
| Commercialand Industrial | $94.8M | — | $115.4M | $125.4M |
| Industrial Services | $24.2M | $26.7M | $23.7M | $29.2M |
IES Holdings, Inc. Annual Revenue by Year
IES Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.4B |
| 2024 | $2.9B |
| 2023 | $2.4B |
| 2022 | $2.2B |
IES Holdings, Inc. Quarterly Revenue & Net Profit History
IES Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $871.0M | +16.2% | $91.8M | 10.5% |
| Q4 FY2025 | $897.8M | +15.7% | $102.3M | 11.4% |
| Q3 FY2025 | $890.2M | +15.8% | $79.3M | 8.9% |
| Q2 FY2025 | $834.0M | +18.2% | $72.6M | 8.7% |
| Q1 FY2025 | $749.5M | +18.1% | $57.7M | 7.7% |
| Q4 FY2024 | $775.8M | +19.5% | $65.5M | 8.4% |
| Q3 FY2024 | $768.4M | +31.5% | $66.6M | 8.7% |
| Q2 FY2024 | $705.7M | +24.1% | $56.8M | 8.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $705.7M | $768.4M | $775.8M | $749.5M | $834.0M | $890.2M | $897.8M | $871.0M |
| YoY Growth | 24.1% | 31.5% | 19.5% | 18.1% | 18.2% | 15.8% | 15.7% | 16.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.10B | $1.16B | $1.24B | $1.27B | $1.36B | $1.47B | $1.60B | $1.66B |
| Liabilities | $506.2M | $548.9M | $591.9M | $572.6M | $618.0M | $647.3M | $707.7M | $693.2M |
| Equity | $534.8M | $567.5M | $611.1M | $652.4M | $705.8M | $781.4M | $884.0M | $961.1M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $33.7M | $82.9M | $92.8M | $37.3M | $24.8M | $92.0M | $132.0M | $27.7M |