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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and Nutanix, Inc. (NTNX). Click either name above to swap in a different company.

IES Holdings, Inc. is the larger business by last-quarter revenue ($871.0M vs $670.6M, roughly 1.3× Nutanix, Inc.). IES Holdings, Inc. runs the higher net margin — 10.5% vs 9.3%, a 1.3% gap on every dollar of revenue. On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs 13.5%). Nutanix, Inc. produced more free cash flow last quarter ($174.5M vs $-18.9M). Over the past eight quarters, IES Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs 8.9%).

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.

Nutanix, Inc. is an American cloud computing company that sells software for datacenters and hybrid multi-cloud deployments. This includes software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, as well as software-defined storage for file, object, and block storage.

IESC vs NTNX — Head-to-Head

Bigger by revenue
IESC
IESC
1.3× larger
IESC
$871.0M
$670.6M
NTNX
Growing faster (revenue YoY)
IESC
IESC
+2.7% gap
IESC
16.2%
13.5%
NTNX
Higher net margin
IESC
IESC
1.3% more per $
IESC
10.5%
9.3%
NTNX
More free cash flow
NTNX
NTNX
$193.4M more FCF
NTNX
$174.5M
$-18.9M
IESC
Faster 2-yr revenue CAGR
IESC
IESC
Annualised
IESC
11.1%
8.9%
NTNX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IESC
IESC
NTNX
NTNX
Revenue
$871.0M
$670.6M
Net Profit
$91.8M
$62.1M
Gross Margin
25.3%
87.0%
Operating Margin
11.2%
7.4%
Net Margin
10.5%
9.3%
Revenue YoY
16.2%
13.5%
Net Profit YoY
59.1%
107.5%
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.

Revenue
IESC
IESC
NTNX
NTNX
Q4 25
$871.0M
$670.6M
Q3 25
$897.8M
$653.3M
Q2 25
$890.2M
$639.0M
Q1 25
$834.0M
$654.7M
Q4 24
$749.5M
$591.0M
Q3 24
$775.8M
$548.0M
Q2 24
$768.4M
$524.6M
Q1 24
$705.7M
$565.2M
Net Profit
IESC
IESC
NTNX
NTNX
Q4 25
$91.8M
$62.1M
Q3 25
$102.3M
$38.6M
Q2 25
$79.3M
$63.4M
Q1 25
$72.6M
$56.4M
Q4 24
$57.7M
$29.9M
Q3 24
$65.5M
$-126.1M
Q2 24
$66.6M
$-15.6M
Q1 24
$56.8M
$32.8M
Gross Margin
IESC
IESC
NTNX
NTNX
Q4 25
25.3%
87.0%
Q3 25
26.0%
87.2%
Q2 25
26.9%
87.0%
Q1 25
25.0%
87.0%
Q4 24
23.8%
86.0%
Q3 24
24.0%
85.2%
Q2 24
25.3%
84.8%
Q1 24
24.3%
85.6%
Operating Margin
IESC
IESC
NTNX
NTNX
Q4 25
11.2%
7.4%
Q3 25
11.6%
4.8%
Q2 25
12.6%
7.6%
Q1 25
11.1%
10.0%
Q4 24
10.0%
4.6%
Q3 24
9.7%
-2.2%
Q2 24
11.7%
-2.2%
Q1 24
11.0%
6.6%
Net Margin
IESC
IESC
NTNX
NTNX
Q4 25
10.5%
9.3%
Q3 25
11.4%
5.9%
Q2 25
8.9%
9.9%
Q1 25
8.7%
8.6%
Q4 24
7.7%
5.1%
Q3 24
8.4%
-23.0%
Q2 24
8.7%
-3.0%
Q1 24
8.0%
5.8%
EPS (diluted)
IESC
IESC
NTNX
NTNX
Q4 25
$4.51
$0.21
Q3 25
$4.99
$0.14
Q2 25
$3.81
$0.22
Q1 25
$3.50
$0.19
Q4 24
$2.72
$0.10
Q3 24
$3.06
$-0.50
Q2 24
$2.67
$-0.06
Q1 24
$2.29
$0.12

Balance Sheet & Financial Strength

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

Metric
IESC
IESC
NTNX
NTNX
Cash + ST InvestmentsLiquidity on hand
$258.7M
$780.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$961.1M
$-668.6M
Total Assets
$1.7B
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IESC
IESC
NTNX
NTNX
Q4 25
$258.7M
$780.4M
Q3 25
$231.8M
$769.5M
Q2 25
$168.3M
$872.6M
Q1 25
$88.3M
$1.1B
Q4 24
$112.0M
$716.6M
Q3 24
$135.8M
$655.3M
Q2 24
$44.9M
$598.0M
Q1 24
$106.0M
$679.2M
Stockholders' Equity
IESC
IESC
NTNX
NTNX
Q4 25
$961.1M
$-668.6M
Q3 25
$884.0M
$-694.5M
Q2 25
$781.4M
$-711.4M
Q1 25
$705.8M
$-807.7M
Q4 24
$652.4M
$-685.3M
Q3 24
$611.1M
$-728.1M
Q2 24
$567.5M
$-619.5M
Q1 24
$534.8M
$-611.7M
Total Assets
IESC
IESC
NTNX
NTNX
Q4 25
$1.7B
$3.3B
Q3 25
$1.6B
$3.3B
Q2 25
$1.5B
$3.1B
Q1 25
$1.4B
$3.0B
Q4 24
$1.3B
$2.2B
Q3 24
$1.2B
$2.1B
Q2 24
$1.2B
$2.8B
Q1 24
$1.1B
$2.7B

Cash Flow & Capital Efficiency

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

Metric
IESC
IESC
NTNX
NTNX
Operating Cash FlowLast quarter
$27.7M
$196.8M
Free Cash FlowOCF − Capex
$-18.9M
$174.5M
FCF MarginFCF / Revenue
-2.2%
26.0%
Capex IntensityCapex / Revenue
5.3%
3.3%
Cash ConversionOCF / Net Profit
0.30×
3.17×
TTM Free Cash FlowTrailing 4 quarters
$175.9M
$772.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IESC
IESC
NTNX
NTNX
Q4 25
$27.7M
$196.8M
Q3 25
$132.0M
$219.5M
Q2 25
$92.0M
$218.5M
Q1 25
$24.8M
$221.7M
Q4 24
$37.3M
$161.8M
Q3 24
$92.8M
$244.7M
Q2 24
$82.9M
$96.4M
Q1 24
$33.7M
$186.4M
Free Cash Flow
IESC
IESC
NTNX
NTNX
Q4 25
$-18.9M
$174.5M
Q3 25
$112.0M
$207.8M
Q2 25
$74.8M
$203.4M
Q1 25
$7.9M
$187.1M
Q4 24
$24.1M
$151.9M
Q3 24
$78.5M
$224.3M
Q2 24
$65.4M
$78.3M
Q1 24
$26.9M
$162.6M
FCF Margin
IESC
IESC
NTNX
NTNX
Q4 25
-2.2%
26.0%
Q3 25
12.5%
31.8%
Q2 25
8.4%
31.8%
Q1 25
0.9%
28.6%
Q4 24
3.2%
25.7%
Q3 24
10.1%
40.9%
Q2 24
8.5%
14.9%
Q1 24
3.8%
28.8%
Capex Intensity
IESC
IESC
NTNX
NTNX
Q4 25
5.3%
3.3%
Q3 25
2.2%
1.8%
Q2 25
1.9%
2.4%
Q1 25
2.0%
5.3%
Q4 24
1.8%
1.7%
Q3 24
1.8%
3.7%
Q2 24
2.3%
3.4%
Q1 24
1.0%
4.2%
Cash Conversion
IESC
IESC
NTNX
NTNX
Q4 25
0.30×
3.17×
Q3 25
1.29×
5.68×
Q2 25
1.16×
3.45×
Q1 25
0.34×
3.93×
Q4 24
0.65×
5.41×
Q3 24
1.42×
Q2 24
1.24×
Q1 24
0.59×
5.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IESC
IESC

Communications$351.9M40%
Single Family Electrical Contracts$137.0M16%
Custom Engineered Solutions$116.0M13%
Commercialand Industrial$94.8M11%
Single Family Contracts Plumbing HVAC$82.9M10%
Multi Familyand Other$64.2M7%
Industrial Services$24.2M3%

NTNX
NTNX

Services$335.5M50%
Subscriptionand Circulation Software Entitlementand Support Subscription$320.8M48%
Other$14.3M2%

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