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

Palantir Technologies is the larger business by last-quarter revenue ($1.4B vs $871.0M, roughly 1.6× IES Holdings, Inc.). Palantir Technologies runs the higher net margin — 43.3% vs 10.5%, a 32.7% gap on every dollar of revenue. On growth, Palantir Technologies posted the faster year-over-year revenue change (70.0% vs 16.2%). Palantir Technologies produced more free cash flow last quarter ($764.0M vs $-18.9M). Over the past eight quarters, Palantir Technologies's revenue compounded faster (48.9% 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.

Palantir Technologies Inc. is an American publicly traded company that develops data integration and analytics platforms enabling government agencies, militaries, and corporations to combine and analyze data from multiple sources. Its flagship products—Gotham and Foundry —connect previously siloed databases to support intelligence operations, counterterrorism analysis, law enforcement, and enterprise analytics.

IESC vs PLTR — Head-to-Head

Bigger by revenue
PLTR
PLTR
1.6× larger
PLTR
$1.4B
$871.0M
IESC
Growing faster (revenue YoY)
PLTR
PLTR
+53.8% gap
PLTR
70.0%
16.2%
IESC
Higher net margin
PLTR
PLTR
32.7% more per $
PLTR
43.3%
10.5%
IESC
More free cash flow
PLTR
PLTR
$782.9M more FCF
PLTR
$764.0M
$-18.9M
IESC
Faster 2-yr revenue CAGR
PLTR
PLTR
Annualised
PLTR
48.9%
11.1%
IESC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IESC
IESC
PLTR
PLTR
Revenue
$871.0M
$1.4B
Net Profit
$91.8M
$608.7M
Gross Margin
25.3%
84.6%
Operating Margin
11.2%
40.9%
Net Margin
10.5%
43.3%
Revenue YoY
16.2%
70.0%
Net Profit YoY
59.1%
670.4%
EPS (diluted)
$4.51
$0.24

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
PLTR
PLTR
Q4 25
$871.0M
$1.4B
Q3 25
$897.8M
$1.2B
Q2 25
$890.2M
$1.0B
Q1 25
$834.0M
$883.9M
Q4 24
$749.5M
$827.5M
Q3 24
$775.8M
$725.5M
Q2 24
$768.4M
$678.1M
Q1 24
$705.7M
$634.3M
Net Profit
IESC
IESC
PLTR
PLTR
Q4 25
$91.8M
$608.7M
Q3 25
$102.3M
$475.6M
Q2 25
$79.3M
$326.7M
Q1 25
$72.6M
$214.0M
Q4 24
$57.7M
$79.0M
Q3 24
$65.5M
$143.5M
Q2 24
$66.6M
$134.1M
Q1 24
$56.8M
$105.5M
Gross Margin
IESC
IESC
PLTR
PLTR
Q4 25
25.3%
84.6%
Q3 25
26.0%
82.4%
Q2 25
26.9%
80.8%
Q1 25
25.0%
80.4%
Q4 24
23.8%
78.9%
Q3 24
24.0%
79.8%
Q2 24
25.3%
81.0%
Q1 24
24.3%
81.7%
Operating Margin
IESC
IESC
PLTR
PLTR
Q4 25
11.2%
40.9%
Q3 25
11.6%
33.3%
Q2 25
12.6%
26.8%
Q1 25
11.1%
19.9%
Q4 24
10.0%
1.3%
Q3 24
9.7%
15.6%
Q2 24
11.7%
15.5%
Q1 24
11.0%
12.8%
Net Margin
IESC
IESC
PLTR
PLTR
Q4 25
10.5%
43.3%
Q3 25
11.4%
40.3%
Q2 25
8.9%
32.6%
Q1 25
8.7%
24.2%
Q4 24
7.7%
9.5%
Q3 24
8.4%
19.8%
Q2 24
8.7%
19.8%
Q1 24
8.0%
16.6%
EPS (diluted)
IESC
IESC
PLTR
PLTR
Q4 25
$4.51
$0.24
Q3 25
$4.99
$0.18
Q2 25
$3.81
$0.13
Q1 25
$3.50
$0.08
Q4 24
$2.72
$0.03
Q3 24
$3.06
$0.06
Q2 24
$2.67
$0.06
Q1 24
$2.29
$0.04

Balance Sheet & Financial Strength

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

Metric
IESC
IESC
PLTR
PLTR
Cash + ST InvestmentsLiquidity on hand
$258.7M
$7.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$961.1M
$7.4B
Total Assets
$1.7B
$8.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IESC
IESC
PLTR
PLTR
Q4 25
$258.7M
$7.2B
Q3 25
$231.8M
$6.4B
Q2 25
$168.3M
$6.0B
Q1 25
$88.3M
$5.4B
Q4 24
$112.0M
$5.2B
Q3 24
$135.8M
$4.6B
Q2 24
$44.9M
$4.0B
Q1 24
$106.0M
$3.9B
Stockholders' Equity
IESC
IESC
PLTR
PLTR
Q4 25
$961.1M
$7.4B
Q3 25
$884.0M
$6.6B
Q2 25
$781.4M
$5.9B
Q1 25
$705.8M
$5.4B
Q4 24
$652.4M
$5.0B
Q3 24
$611.1M
$4.5B
Q2 24
$567.5M
$4.1B
Q1 24
$534.8M
$3.8B
Total Assets
IESC
IESC
PLTR
PLTR
Q4 25
$1.7B
$8.9B
Q3 25
$1.6B
$8.1B
Q2 25
$1.5B
$7.4B
Q1 25
$1.4B
$6.7B
Q4 24
$1.3B
$6.3B
Q3 24
$1.2B
$5.8B
Q2 24
$1.2B
$5.2B
Q1 24
$1.1B
$4.8B

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
PLTR
PLTR
Operating Cash FlowLast quarter
$27.7M
$777.3M
Free Cash FlowOCF − Capex
$-18.9M
$764.0M
FCF MarginFCF / Revenue
-2.2%
54.3%
Capex IntensityCapex / Revenue
5.3%
0.9%
Cash ConversionOCF / Net Profit
0.30×
1.28×
TTM Free Cash FlowTrailing 4 quarters
$175.9M
$2.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IESC
IESC
PLTR
PLTR
Q4 25
$27.7M
$777.3M
Q3 25
$132.0M
$507.7M
Q2 25
$92.0M
$539.3M
Q1 25
$24.8M
$310.3M
Q4 24
$37.3M
$460.3M
Q3 24
$92.8M
$419.8M
Q2 24
$82.9M
$144.2M
Q1 24
$33.7M
$129.6M
Free Cash Flow
IESC
IESC
PLTR
PLTR
Q4 25
$-18.9M
$764.0M
Q3 25
$112.0M
$500.9M
Q2 25
$74.8M
$531.6M
Q1 25
$7.9M
$304.1M
Q4 24
$24.1M
$457.2M
Q3 24
$78.5M
$415.8M
Q2 24
$65.4M
$141.3M
Q1 24
$26.9M
$126.9M
FCF Margin
IESC
IESC
PLTR
PLTR
Q4 25
-2.2%
54.3%
Q3 25
12.5%
42.4%
Q2 25
8.4%
53.0%
Q1 25
0.9%
34.4%
Q4 24
3.2%
55.3%
Q3 24
10.1%
57.3%
Q2 24
8.5%
20.8%
Q1 24
3.8%
20.0%
Capex Intensity
IESC
IESC
PLTR
PLTR
Q4 25
5.3%
0.9%
Q3 25
2.2%
0.6%
Q2 25
1.9%
0.8%
Q1 25
2.0%
0.7%
Q4 24
1.8%
0.4%
Q3 24
1.8%
0.5%
Q2 24
2.3%
0.4%
Q1 24
1.0%
0.4%
Cash Conversion
IESC
IESC
PLTR
PLTR
Q4 25
0.30×
1.28×
Q3 25
1.29×
1.07×
Q2 25
1.16×
1.65×
Q1 25
0.34×
1.45×
Q4 24
0.65×
5.83×
Q3 24
1.42×
2.92×
Q2 24
1.24×
1.08×
Q1 24
0.59×
1.23×

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%

PLTR
PLTR

Geographic Concentration Risk$1.1B77%
Other$330.4M23%

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