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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and SM Energy Co (SM). Click either name above to swap in a different company.
IES Holdings, Inc. is the larger business by last-quarter revenue ($871.0M vs $704.9M, roughly 1.2× SM Energy Co). On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% 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.
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
IESC vs SM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $871.0M | $704.9M |
| Net Profit | $91.8M | — |
| Gross Margin | 25.3% | — |
| Operating Margin | 11.2% | 25.9% |
| Net Margin | 10.5% | — |
| Revenue YoY | 16.2% | -17.3% |
| Net Profit YoY | 59.1% | — |
| EPS (diluted) | $4.51 | $0.94 |
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 | $704.9M | ||
| Q3 25 | $897.8M | $811.6M | ||
| Q2 25 | $890.2M | $792.9M | ||
| Q1 25 | $834.0M | $844.5M | ||
| Q4 24 | $749.5M | $852.0M | ||
| Q3 24 | $775.8M | $643.6M | ||
| Q2 24 | $768.4M | $634.6M | ||
| Q1 24 | $705.7M | $559.9M |
| Q4 25 | $91.8M | — | ||
| Q3 25 | $102.3M | $155.1M | ||
| Q2 25 | $79.3M | $201.7M | ||
| Q1 25 | $72.6M | $182.3M | ||
| Q4 24 | $57.7M | — | ||
| Q3 24 | $65.5M | $240.5M | ||
| Q2 24 | $66.6M | $210.3M | ||
| Q1 24 | $56.8M | $131.2M |
| Q4 25 | 25.3% | — | ||
| Q3 25 | 26.0% | — | ||
| Q2 25 | 26.9% | — | ||
| Q1 25 | 25.0% | — | ||
| Q4 24 | 23.8% | — | ||
| Q3 24 | 24.0% | — | ||
| Q2 24 | 25.3% | — | ||
| Q1 24 | 24.3% | — |
| Q4 25 | 11.2% | 25.9% | ||
| Q3 25 | 11.6% | 30.4% | ||
| Q2 25 | 12.6% | 37.2% | ||
| Q1 25 | 11.1% | 32.7% | ||
| Q4 24 | 10.0% | 33.7% | ||
| Q3 24 | 9.7% | 51.4% | ||
| Q2 24 | 11.7% | 44.0% | ||
| Q1 24 | 11.0% | 31.9% |
| Q4 25 | 10.5% | — | ||
| Q3 25 | 11.4% | 19.1% | ||
| Q2 25 | 8.9% | 25.4% | ||
| Q1 25 | 8.7% | 21.6% | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 8.4% | 37.4% | ||
| Q2 24 | 8.7% | 33.1% | ||
| Q1 24 | 8.0% | 23.4% |
| Q4 25 | $4.51 | $0.94 | ||
| Q3 25 | $4.99 | $1.35 | ||
| Q2 25 | $3.81 | $1.76 | ||
| Q1 25 | $3.50 | $1.59 | ||
| Q4 24 | $2.72 | $1.63 | ||
| Q3 24 | $3.06 | $2.09 | ||
| Q2 24 | $2.67 | $1.82 | ||
| Q1 24 | $2.29 | $1.13 |
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 | $368.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $961.1M | $4.8B |
| Total Assets | $1.7B | $9.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $258.7M | $368.0M | ||
| Q3 25 | $231.8M | $162.3M | ||
| Q2 25 | $168.3M | $101.9M | ||
| Q1 25 | $88.3M | $54.0K | ||
| Q4 24 | $112.0M | — | ||
| Q3 24 | $135.8M | $1.7B | ||
| Q2 24 | $44.9M | $487.9M | ||
| Q1 24 | $106.0M | $506.3M |
| Q4 25 | $961.1M | $4.8B | ||
| Q3 25 | $884.0M | $4.7B | ||
| Q2 25 | $781.4M | $4.6B | ||
| Q1 25 | $705.8M | $4.4B | ||
| Q4 24 | $652.4M | $4.2B | ||
| Q3 24 | $611.1M | $4.1B | ||
| Q2 24 | $567.5M | $3.8B | ||
| Q1 24 | $534.8M | $3.7B |
| Q4 25 | $1.7B | $9.3B | ||
| Q3 25 | $1.6B | $9.1B | ||
| Q2 25 | $1.5B | $9.0B | ||
| Q1 25 | $1.4B | $8.8B | ||
| Q4 24 | $1.3B | $8.6B | ||
| Q3 24 | $1.2B | $8.0B | ||
| Q2 24 | $1.2B | $6.7B | ||
| Q1 24 | $1.1B | $6.4B |
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 | $451.9M |
| Free Cash FlowOCF − Capex | $-18.9M | — |
| FCF MarginFCF / Revenue | -2.2% | — |
| Capex IntensityCapex / Revenue | 5.3% | — |
| Cash ConversionOCF / Net Profit | 0.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $175.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $451.9M | ||
| Q3 25 | $132.0M | $505.0M | ||
| Q2 25 | $92.0M | $571.1M | ||
| Q1 25 | $24.8M | $483.0M | ||
| Q4 24 | $37.3M | $578.4M | ||
| Q3 24 | $92.8M | $452.3M | ||
| Q2 24 | $82.9M | $476.4M | ||
| Q1 24 | $33.7M | $276.0M |
| Q4 25 | $-18.9M | — | ||
| Q3 25 | $112.0M | — | ||
| Q2 25 | $74.8M | — | ||
| Q1 25 | $7.9M | — | ||
| Q4 24 | $24.1M | — | ||
| Q3 24 | $78.5M | — | ||
| Q2 24 | $65.4M | — | ||
| Q1 24 | $26.9M | — |
| Q4 25 | -2.2% | — | ||
| Q3 25 | 12.5% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 10.1% | — | ||
| Q2 24 | 8.5% | — | ||
| Q1 24 | 3.8% | — |
| Q4 25 | 5.3% | — | ||
| Q3 25 | 2.2% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 1.0% | — |
| Q4 25 | 0.30× | — | ||
| Q3 25 | 1.29× | 3.26× | ||
| Q2 25 | 1.16× | 2.83× | ||
| Q1 25 | 0.34× | 2.65× | ||
| Q4 24 | 0.65× | — | ||
| Q3 24 | 1.42× | 1.88× | ||
| Q2 24 | 1.24× | 2.27× | ||
| Q1 24 | 0.59× | 2.10× |
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% |
SM
Segment breakdown not available.
