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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
IES Holdings, Inc. is the larger business by last-quarter revenue ($871.0M vs $846.8M, roughly 1.0× Trade Desk (The)). Trade Desk (The) runs the higher net margin — 22.1% vs 10.5%, a 11.5% gap on every dollar of revenue. On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs 14.3%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $-18.9M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% 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.
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
IESC vs TTD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $871.0M | $846.8M |
| Net Profit | $91.8M | $186.9M |
| Gross Margin | 25.3% | 80.7% |
| Operating Margin | 11.2% | 30.3% |
| Net Margin | 10.5% | 22.1% |
| Revenue YoY | 16.2% | 14.3% |
| Net Profit YoY | 59.1% | 2.6% |
| EPS (diluted) | $4.51 | $0.39 |
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 | $846.8M | ||
| Q3 25 | $897.8M | $739.4M | ||
| Q2 25 | $890.2M | $694.0M | ||
| Q1 25 | $834.0M | $616.0M | ||
| Q4 24 | $749.5M | $741.0M | ||
| Q3 24 | $775.8M | $628.0M | ||
| Q2 24 | $768.4M | $584.5M | ||
| Q1 24 | $705.7M | $491.3M |
| Q4 25 | $91.8M | $186.9M | ||
| Q3 25 | $102.3M | $115.5M | ||
| Q2 25 | $79.3M | $90.1M | ||
| Q1 25 | $72.6M | $50.7M | ||
| Q4 24 | $57.7M | $182.2M | ||
| Q3 24 | $65.5M | $94.2M | ||
| Q2 24 | $66.6M | $85.0M | ||
| Q1 24 | $56.8M | $31.7M |
| Q4 25 | 25.3% | 80.7% | ||
| Q3 25 | 26.0% | 78.1% | ||
| Q2 25 | 26.9% | 78.2% | ||
| Q1 25 | 25.0% | 76.8% | ||
| Q4 24 | 23.8% | 81.7% | ||
| Q3 24 | 24.0% | 80.5% | ||
| Q2 24 | 25.3% | 81.1% | ||
| Q1 24 | 24.3% | 78.9% |
| Q4 25 | 11.2% | 30.3% | ||
| Q3 25 | 11.6% | 21.8% | ||
| Q2 25 | 12.6% | 16.8% | ||
| Q1 25 | 11.1% | 8.8% | ||
| Q4 24 | 10.0% | 26.4% | ||
| Q3 24 | 9.7% | 17.3% | ||
| Q2 24 | 11.7% | 16.2% | ||
| Q1 24 | 11.0% | 5.8% |
| Q4 25 | 10.5% | 22.1% | ||
| Q3 25 | 11.4% | 15.6% | ||
| Q2 25 | 8.9% | 13.0% | ||
| Q1 25 | 8.7% | 8.2% | ||
| Q4 24 | 7.7% | 24.6% | ||
| Q3 24 | 8.4% | 15.0% | ||
| Q2 24 | 8.7% | 14.5% | ||
| Q1 24 | 8.0% | 6.4% |
| Q4 25 | $4.51 | $0.39 | ||
| Q3 25 | $4.99 | $0.23 | ||
| Q2 25 | $3.81 | $0.18 | ||
| Q1 25 | $3.50 | $0.10 | ||
| Q4 24 | $2.72 | $0.36 | ||
| Q3 24 | $3.06 | $0.19 | ||
| Q2 24 | $2.67 | $0.17 | ||
| Q1 24 | $2.29 | $0.06 |
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 | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $961.1M | $2.5B |
| Total Assets | $1.7B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $258.7M | $1.3B | ||
| Q3 25 | $231.8M | $1.4B | ||
| Q2 25 | $168.3M | $1.7B | ||
| Q1 25 | $88.3M | $1.7B | ||
| Q4 24 | $112.0M | $1.9B | ||
| Q3 24 | $135.8M | $1.7B | ||
| Q2 24 | $44.9M | $1.5B | ||
| Q1 24 | $106.0M | $1.4B |
| Q4 25 | $961.1M | $2.5B | ||
| Q3 25 | $884.0M | $2.6B | ||
| Q2 25 | $781.4M | $2.7B | ||
| Q1 25 | $705.8M | $2.7B | ||
| Q4 24 | $652.4M | $2.9B | ||
| Q3 24 | $611.1M | $2.6B | ||
| Q2 24 | $567.5M | $2.4B | ||
| Q1 24 | $534.8M | $2.2B |
| Q4 25 | $1.7B | $6.2B | ||
| Q3 25 | $1.6B | $5.9B | ||
| Q2 25 | $1.5B | $6.0B | ||
| Q1 25 | $1.4B | $5.7B | ||
| Q4 24 | $1.3B | $6.1B | ||
| Q3 24 | $1.2B | $5.5B | ||
| Q2 24 | $1.2B | $5.2B | ||
| Q1 24 | $1.1B | $4.7B |
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 | $311.6M |
| Free Cash FlowOCF − Capex | $-18.9M | $285.3M |
| FCF MarginFCF / Revenue | -2.2% | 33.7% |
| Capex IntensityCapex / Revenue | 5.3% | 3.1% |
| Cash ConversionOCF / Net Profit | 0.30× | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $175.9M | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $311.6M | ||
| Q3 25 | $132.0M | $224.7M | ||
| Q2 25 | $92.0M | $165.0M | ||
| Q1 25 | $24.8M | $291.4M | ||
| Q4 24 | $37.3M | $199.4M | ||
| Q3 24 | $92.8M | $273.3M | ||
| Q2 24 | $82.9M | $81.3M | ||
| Q1 24 | $33.7M | $185.5M |
| Q4 25 | $-18.9M | $285.3M | ||
| Q3 25 | $112.0M | $158.3M | ||
| Q2 25 | $74.8M | $119.8M | ||
| Q1 25 | $7.9M | $232.3M | ||
| Q4 24 | $24.1M | $179.2M | ||
| Q3 24 | $78.5M | $224.6M | ||
| Q2 24 | $65.4M | $59.1M | ||
| Q1 24 | $26.9M | $178.2M |
| Q4 25 | -2.2% | 33.7% | ||
| Q3 25 | 12.5% | 21.4% | ||
| Q2 25 | 8.4% | 17.3% | ||
| Q1 25 | 0.9% | 37.7% | ||
| Q4 24 | 3.2% | 24.2% | ||
| Q3 24 | 10.1% | 35.8% | ||
| Q2 24 | 8.5% | 10.1% | ||
| Q1 24 | 3.8% | 36.3% |
| Q4 25 | 5.3% | 3.1% | ||
| Q3 25 | 2.2% | 9.0% | ||
| Q2 25 | 1.9% | 6.5% | ||
| Q1 25 | 2.0% | 9.6% | ||
| Q4 24 | 1.8% | 2.7% | ||
| Q3 24 | 1.8% | 7.8% | ||
| Q2 24 | 2.3% | 3.8% | ||
| Q1 24 | 1.0% | 1.5% |
| Q4 25 | 0.30× | 1.67× | ||
| Q3 25 | 1.29× | 1.94× | ||
| Q2 25 | 1.16× | 1.83× | ||
| Q1 25 | 0.34× | 5.75× | ||
| Q4 24 | 0.65× | 1.09× | ||
| Q3 24 | 1.42× | 2.90× | ||
| Q2 24 | 1.24× | 0.96× | ||
| Q1 24 | 0.59× | 5.86× |
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% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
