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.
IESC Q1 FY2026 Key Financial Metrics
Revenue
$871.0M
Gross Profit
$220.0M
Operating Profit
$97.7M
Net Profit
$91.8M
Gross Margin
25.3%
Operating Margin
11.2%
Net Margin
10.5%
YoY Growth
16.2%
EPS
$4.51
IES Holdings, Inc. Q1 FY2026 Financial Summary
IES Holdings, Inc. reported revenue of $871.0M (up 16.2% YoY) for Q1 FY2026, with a net profit of $91.8M (up 59.1% YoY) (10.5% margin). Cost of goods sold was $650.9M, operating expenses totaled $122.3M.
Key Financial Metrics
| Total Revenue | $871.0M |
|---|---|
| Net Profit | $91.8M |
| Gross Margin | 25.3% |
| Operating Margin | 11.2% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
IES Holdings, Inc. Q1 FY2026 revenue of $871.0M breaks down across 7 segments, led by Communications at $351.9M (40.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Communications | $351.9M | 40.4% |
| Single Family Electrical Contracts | $137.0M | 15.7% |
| Custom Engineered Solutions | $116.0M | 13.3% |
| Commercialand Industrial | $94.8M | 10.9% |
| Single Family Contracts Plumbing HVAC | $82.9M | 9.5% |
| Multi Familyand Other | $64.2M | 7.4% |
| Industrial Services | $24.2M | 2.8% |
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 Communications and Single Family Electrical Contracts) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Communications | $351.9M | $335.5M | $299.2M | — |
| Single Family Electrical Contracts | $137.0M | — | $171.8M | $160.1M |
| Custom Engineered Solutions | $116.0M | — | $105.8M | $88.4M |
| Commercialand Industrial | $94.8M | — | $115.4M | $125.4M |
| Single Family Contracts Plumbing HVAC | $82.9M | — | $86.3M | $79.2M |
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).
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 |