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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and Microchip Technology (MCHP). Click either name above to swap in a different company.
Microchip Technology is the larger business by last-quarter revenue ($1.3B vs $871.0M, roughly 1.5× IES Holdings, Inc.). Microchip Technology runs the higher net margin — 11.0% vs 10.5%, a 0.5% gap on every dollar of revenue. On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs -72.2%). Microchip Technology produced more free cash flow last quarter ($242.8M vs $-18.9M). Over the past eight quarters, IES Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs 2.8%).
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.
Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.
IESC vs MCHP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2026
| Metric | | |
|---|---|---|
| Revenue | $871.0M | $1.3B |
| Net Profit | $91.8M | $144.2M |
| Gross Margin | 25.3% | 61.0% |
| Operating Margin | 11.2% | 16.6% |
| Net Margin | 10.5% | 11.0% |
| Revenue YoY | 16.2% | -72.2% |
| Net Profit YoY | 59.1% | 8.9% |
| EPS (diluted) | $4.51 | $0.21 |
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.
| Q1 26 | — | $1.3B | ||
| Q4 25 | $871.0M | $1.2B | ||
| Q3 25 | $897.8M | $1.1B | ||
| Q2 25 | $890.2M | $1.1B | ||
| Q1 25 | $834.0M | $970.5M | ||
| Q4 24 | $749.5M | $1.0B | ||
| Q3 24 | $775.8M | $1.2B | ||
| Q2 24 | $768.4M | $1.2B |
| Q1 26 | — | $144.2M | ||
| Q4 25 | $91.8M | $62.7M | ||
| Q3 25 | $102.3M | $41.7M | ||
| Q2 25 | $79.3M | $-18.6M | ||
| Q1 25 | $72.6M | $-154.6M | ||
| Q4 24 | $57.7M | $-53.6M | ||
| Q3 24 | $65.5M | $78.4M | ||
| Q2 24 | $66.6M | $129.3M |
| Q1 26 | — | 61.0% | ||
| Q4 25 | 25.3% | 59.6% | ||
| Q3 25 | 26.0% | 55.9% | ||
| Q2 25 | 26.9% | 53.6% | ||
| Q1 25 | 25.0% | 51.6% | ||
| Q4 24 | 23.8% | 54.7% | ||
| Q3 24 | 24.0% | 57.4% | ||
| Q2 24 | 25.3% | 59.4% |
| Q1 26 | — | 16.6% | ||
| Q4 25 | 11.2% | 12.8% | ||
| Q3 25 | 11.6% | 7.8% | ||
| Q2 25 | 12.6% | 3.0% | ||
| Q1 25 | 11.1% | -10.3% | ||
| Q4 24 | 10.0% | 3.0% | ||
| Q3 24 | 9.7% | 12.6% | ||
| Q2 24 | 11.7% | 17.7% |
| Q1 26 | — | 11.0% | ||
| Q4 25 | 10.5% | 5.3% | ||
| Q3 25 | 11.4% | 3.7% | ||
| Q2 25 | 8.9% | -1.7% | ||
| Q1 25 | 8.7% | -15.9% | ||
| Q4 24 | 7.7% | -5.2% | ||
| Q3 24 | 8.4% | 6.7% | ||
| Q2 24 | 8.7% | 10.4% |
| Q1 26 | — | $0.21 | ||
| Q4 25 | $4.51 | $0.06 | ||
| Q3 25 | $4.99 | $0.03 | ||
| Q2 25 | $3.81 | $-0.09 | ||
| Q1 25 | $3.50 | $-0.29 | ||
| Q4 24 | $2.72 | $-0.10 | ||
| Q3 24 | $3.06 | $0.14 | ||
| Q2 24 | $2.67 | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $258.7M | $240.3M |
| Total DebtLower is stronger | — | $5.5B |
| Stockholders' EquityBook value | $961.1M | $6.4B |
| Total Assets | $1.7B | $14.4B |
| Debt / EquityLower = less leverage | — | 0.85× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $240.3M | ||
| Q4 25 | $258.7M | $250.7M | ||
| Q3 25 | $231.8M | $236.8M | ||
| Q2 25 | $168.3M | $566.5M | ||
| Q1 25 | $88.3M | $771.7M | ||
| Q4 24 | $112.0M | $586.0M | ||
| Q3 24 | $135.8M | $286.1M | ||
| Q2 24 | $44.9M | $315.1M |
| Q1 26 | — | $5.5B | ||
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $5.4B | ||
| Q2 25 | — | $5.5B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.2B |
| Q1 26 | — | $6.4B | ||
| Q4 25 | $961.1M | $6.6B | ||
| Q3 25 | $884.0M | $6.7B | ||
| Q2 25 | $781.4M | $6.9B | ||
| Q1 25 | $705.8M | $7.1B | ||
| Q4 24 | $652.4M | $6.0B | ||
| Q3 24 | $611.1M | $6.3B | ||
| Q2 24 | $567.5M | $6.4B |
| Q1 26 | — | $14.4B | ||
| Q4 25 | $1.7B | $14.3B | ||
| Q3 25 | $1.6B | $14.5B | ||
| Q2 25 | $1.5B | $15.0B | ||
| Q1 25 | $1.4B | $15.4B | ||
| Q4 24 | $1.3B | $15.6B | ||
| Q3 24 | $1.2B | $15.6B | ||
| Q2 24 | $1.2B | $15.8B |
| Q1 26 | — | 0.85× | ||
| Q4 25 | — | 0.82× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 0.96× |
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 | $27.7M | — |
| Free Cash FlowOCF − Capex | $-18.9M | $242.8M |
| FCF MarginFCF / Revenue | -2.2% | 18.5% |
| Capex IntensityCapex / Revenue | 5.3% | 1.1% |
| Cash ConversionOCF / Net Profit | 0.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $175.9M | $871.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $27.7M | $341.4M | ||
| Q3 25 | $132.0M | $88.1M | ||
| Q2 25 | $92.0M | $275.6M | ||
| Q1 25 | $24.8M | $205.9M | ||
| Q4 24 | $37.3M | $271.5M | ||
| Q3 24 | $92.8M | $43.6M | ||
| Q2 24 | $82.9M | $377.1M |
| Q1 26 | — | $242.8M | ||
| Q4 25 | $-18.9M | $318.9M | ||
| Q3 25 | $112.0M | $51.6M | ||
| Q2 25 | $74.8M | $257.7M | ||
| Q1 25 | $7.9M | $191.7M | ||
| Q4 24 | $24.1M | $253.4M | ||
| Q3 24 | $78.5M | $22.8M | ||
| Q2 24 | $65.4M | $304.2M |
| Q1 26 | — | 18.5% | ||
| Q4 25 | -2.2% | 26.9% | ||
| Q3 25 | 12.5% | 4.5% | ||
| Q2 25 | 8.4% | 24.0% | ||
| Q1 25 | 0.9% | 19.8% | ||
| Q4 24 | 3.2% | 24.7% | ||
| Q3 24 | 10.1% | 2.0% | ||
| Q2 24 | 8.5% | 24.5% |
| Q1 26 | — | 1.1% | ||
| Q4 25 | 5.3% | 1.9% | ||
| Q3 25 | 2.2% | 3.2% | ||
| Q2 25 | 1.9% | 1.7% | ||
| Q1 25 | 2.0% | 1.5% | ||
| Q4 24 | 1.8% | 1.8% | ||
| Q3 24 | 1.8% | 1.8% | ||
| Q2 24 | 2.3% | 5.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.30× | 5.44× | ||
| Q3 25 | 1.29× | 2.11× | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.65× | — | ||
| Q3 24 | 1.42× | 0.56× | ||
| Q2 24 | 1.24× | 2.92× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
MCHP
Segment breakdown not available.
