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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and Nextpower Inc. (NXT). Click either name above to swap in a different company.
Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $871.0M, roughly 1.0× IES Holdings, Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 10.5%, a 3.9% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 16.2%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $-18.9M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 11.1%).
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.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
IESC vs NXT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $871.0M | $909.4M |
| Net Profit | $91.8M | $131.2M |
| Gross Margin | 25.3% | 31.7% |
| Operating Margin | 11.2% | 19.4% |
| Net Margin | 10.5% | 14.4% |
| Revenue YoY | 16.2% | 33.9% |
| Net Profit YoY | 59.1% | 13.8% |
| EPS (diluted) | $4.51 | $0.85 |
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.
| Q4 25 | $871.0M | $909.4M | ||
| Q3 25 | $897.8M | $905.3M | ||
| Q2 25 | $890.2M | $864.3M | ||
| Q1 25 | $834.0M | $924.3M | ||
| Q4 24 | $749.5M | $679.4M | ||
| Q3 24 | $775.8M | $635.6M | ||
| Q2 24 | $768.4M | $719.9M | ||
| Q1 24 | $705.7M | $736.5M |
| Q4 25 | $91.8M | $131.2M | ||
| Q3 25 | $102.3M | $146.9M | ||
| Q2 25 | $79.3M | $157.2M | ||
| Q1 25 | $72.6M | $156.8M | ||
| Q4 24 | $57.7M | $115.3M | ||
| Q3 24 | $65.5M | $115.4M | ||
| Q2 24 | $66.6M | $121.7M | ||
| Q1 24 | $56.8M | $205.2M |
| Q4 25 | 25.3% | 31.7% | ||
| Q3 25 | 26.0% | 32.4% | ||
| Q2 25 | 26.9% | 32.6% | ||
| Q1 25 | 25.0% | 33.1% | ||
| Q4 24 | 23.8% | 35.5% | ||
| Q3 24 | 24.0% | 35.4% | ||
| Q2 24 | 25.3% | 33.0% | ||
| Q1 24 | 24.3% | 46.2% |
| Q4 25 | 11.2% | 19.4% | ||
| Q3 25 | 11.6% | 20.0% | ||
| Q2 25 | 12.6% | 21.5% | ||
| Q1 25 | 11.1% | 21.1% | ||
| Q4 24 | 10.0% | 22.1% | ||
| Q3 24 | 9.7% | 21.0% | ||
| Q2 24 | 11.7% | 22.2% | ||
| Q1 24 | 11.0% | 36.8% |
| Q4 25 | 10.5% | 14.4% | ||
| Q3 25 | 11.4% | 16.2% | ||
| Q2 25 | 8.9% | 18.2% | ||
| Q1 25 | 8.7% | 17.0% | ||
| Q4 24 | 7.7% | 17.0% | ||
| Q3 24 | 8.4% | 18.2% | ||
| Q2 24 | 8.7% | 16.9% | ||
| Q1 24 | 8.0% | 27.9% |
| Q4 25 | $4.51 | $0.85 | ||
| Q3 25 | $4.99 | $0.97 | ||
| Q2 25 | $3.81 | $1.04 | ||
| Q1 25 | $3.50 | $1.05 | ||
| Q4 24 | $2.72 | $0.79 | ||
| Q3 24 | $3.06 | $0.79 | ||
| Q2 24 | $2.67 | $0.84 | ||
| Q1 24 | $2.29 | $1.52 |
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 | $952.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $961.1M | $2.2B |
| Total Assets | $1.7B | $3.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $258.7M | $952.6M | ||
| Q3 25 | $231.8M | $845.3M | ||
| Q2 25 | $168.3M | $743.4M | ||
| Q1 25 | $88.3M | $766.1M | ||
| Q4 24 | $112.0M | $693.5M | ||
| Q3 24 | $135.8M | $561.9M | ||
| Q2 24 | $44.9M | $471.9M | ||
| Q1 24 | $106.0M | $474.1M |
| Q4 25 | $961.1M | $2.2B | ||
| Q3 25 | $884.0M | $2.0B | ||
| Q2 25 | $781.4M | $1.8B | ||
| Q1 25 | $705.8M | $1.6B | ||
| Q4 24 | $652.4M | $1.4B | ||
| Q3 24 | $611.1M | $1.3B | ||
| Q2 24 | $567.5M | $1.1B | ||
| Q1 24 | $534.8M | $961.0M |
| Q4 25 | $1.7B | $3.8B | ||
| Q3 25 | $1.6B | $3.7B | ||
| Q2 25 | $1.5B | $3.4B | ||
| Q1 25 | $1.4B | $3.2B | ||
| Q4 24 | $1.3B | $3.0B | ||
| Q3 24 | $1.2B | $2.8B | ||
| Q2 24 | $1.2B | $2.6B | ||
| Q1 24 | $1.1B | $2.5B |
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 | $123.3M |
| Free Cash FlowOCF − Capex | $-18.9M | $118.5M |
| FCF MarginFCF / Revenue | -2.2% | 13.0% |
| Capex IntensityCapex / Revenue | 5.3% | 0.5% |
| Cash ConversionOCF / Net Profit | 0.30× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $175.9M | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $123.3M | ||
| Q3 25 | $132.0M | $186.9M | ||
| Q2 25 | $92.0M | $81.3M | ||
| Q1 25 | $24.8M | $237.3M | ||
| Q4 24 | $37.3M | $143.8M | ||
| Q3 24 | $92.8M | $153.8M | ||
| Q2 24 | $82.9M | $120.8M | ||
| Q1 24 | $33.7M | $111.5M |
| Q4 25 | $-18.9M | $118.5M | ||
| Q3 25 | $112.0M | $171.4M | ||
| Q2 25 | $74.8M | $70.1M | ||
| Q1 25 | $7.9M | $227.2M | ||
| Q4 24 | $24.1M | $134.9M | ||
| Q3 24 | $78.5M | $141.8M | ||
| Q2 24 | $65.4M | $118.0M | ||
| Q1 24 | $26.9M | $109.2M |
| Q4 25 | -2.2% | 13.0% | ||
| Q3 25 | 12.5% | 18.9% | ||
| Q2 25 | 8.4% | 8.1% | ||
| Q1 25 | 0.9% | 24.6% | ||
| Q4 24 | 3.2% | 19.9% | ||
| Q3 24 | 10.1% | 22.3% | ||
| Q2 24 | 8.5% | 16.4% | ||
| Q1 24 | 3.8% | 14.8% |
| Q4 25 | 5.3% | 0.5% | ||
| Q3 25 | 2.2% | 1.7% | ||
| Q2 25 | 1.9% | 1.3% | ||
| Q1 25 | 2.0% | 1.1% | ||
| Q4 24 | 1.8% | 1.3% | ||
| Q3 24 | 1.8% | 1.9% | ||
| Q2 24 | 2.3% | 0.4% | ||
| Q1 24 | 1.0% | 0.3% |
| Q4 25 | 0.30× | 0.94× | ||
| Q3 25 | 1.29× | 1.27× | ||
| Q2 25 | 1.16× | 0.52× | ||
| Q1 25 | 0.34× | 1.51× | ||
| Q4 24 | 0.65× | 1.25× | ||
| Q3 24 | 1.42× | 1.33× | ||
| Q2 24 | 1.24× | 0.99× | ||
| Q1 24 | 0.59× | 0.54× |
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% |
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
