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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.
Virtu Financial, Inc. is the larger business by last-quarter revenue ($1.1B vs $871.0M, roughly 1.3× IES Holdings, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 10.5%, a 21.1% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 16.2%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% 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.
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
IESC vs VIRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $871.0M | $1.1B |
| Net Profit | $91.8M | $346.6M |
| Gross Margin | 25.3% | — |
| Operating Margin | 11.2% | 37.4% |
| Net Margin | 10.5% | 31.6% |
| Revenue YoY | 16.2% | 30.7% |
| Net Profit YoY | 59.1% | 82.8% |
| EPS (diluted) | $4.51 | $1.99 |
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.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $871.0M | $969.9M | ||
| Q3 25 | $897.8M | $824.8M | ||
| Q2 25 | $890.2M | $999.6M | ||
| Q1 25 | $834.0M | $837.9M | ||
| Q4 24 | $749.5M | $834.3M | ||
| Q3 24 | $775.8M | $706.8M | ||
| Q2 24 | $768.4M | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $91.8M | $139.9M | ||
| Q3 25 | $102.3M | $77.6M | ||
| Q2 25 | $79.3M | $151.2M | ||
| Q1 25 | $72.6M | $99.7M | ||
| Q4 24 | $57.7M | $94.1M | ||
| Q3 24 | $65.5M | $60.0M | ||
| Q2 24 | $66.6M | $66.6M |
| Q1 26 | — | — | ||
| 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 26 | — | 37.4% | ||
| Q4 25 | 11.2% | 35.4% | ||
| Q3 25 | 11.6% | 21.8% | ||
| Q2 25 | 12.6% | 34.7% | ||
| Q1 25 | 11.1% | 26.7% | ||
| Q4 24 | 10.0% | 24.3% | ||
| Q3 24 | 9.7% | 20.8% | ||
| Q2 24 | 11.7% | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | 10.5% | 14.4% | ||
| Q3 25 | 11.4% | 9.4% | ||
| Q2 25 | 8.9% | 15.1% | ||
| Q1 25 | 8.7% | 11.9% | ||
| Q4 24 | 7.7% | 11.3% | ||
| Q3 24 | 8.4% | 8.5% | ||
| Q2 24 | 8.7% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $4.51 | $1.54 | ||
| Q3 25 | $4.99 | $0.86 | ||
| Q2 25 | $3.81 | $1.65 | ||
| Q1 25 | $3.50 | $1.08 | ||
| Q4 24 | $2.72 | $1.03 | ||
| Q3 24 | $3.06 | $0.64 | ||
| Q2 24 | $2.67 | $0.71 |
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 | $973.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $961.1M | $2.2B |
| Total Assets | $1.7B | $25.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $258.7M | $1.1B | ||
| Q3 25 | $231.8M | $707.9M | ||
| Q2 25 | $168.3M | $752.1M | ||
| Q1 25 | $88.3M | $723.6M | ||
| Q4 24 | $112.0M | $872.5M | ||
| Q3 24 | $135.8M | $701.4M | ||
| Q2 24 | $44.9M | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $961.1M | $1.6B | ||
| Q3 25 | $884.0M | $1.5B | ||
| Q2 25 | $781.4M | $1.4B | ||
| Q1 25 | $705.8M | $1.3B | ||
| Q4 24 | $652.4M | $1.3B | ||
| Q3 24 | $611.1M | $1.2B | ||
| Q2 24 | $567.5M | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $1.7B | $20.2B | ||
| Q3 25 | $1.6B | $21.3B | ||
| Q2 25 | $1.5B | $19.3B | ||
| Q1 25 | $1.4B | $17.5B | ||
| Q4 24 | $1.3B | $15.4B | ||
| Q3 24 | $1.2B | $14.4B | ||
| Q2 24 | $1.2B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $27.7M | $518.4M | ||
| Q3 25 | $132.0M | $-68.7M | ||
| Q2 25 | $92.0M | $62.8M | ||
| Q1 25 | $24.8M | $15.0M | ||
| Q4 24 | $37.3M | $599.0M | ||
| Q3 24 | $92.8M | $112.1M | ||
| Q2 24 | $82.9M | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-18.9M | $495.6M | ||
| Q3 25 | $112.0M | $-76.7M | ||
| Q2 25 | $74.8M | $57.6M | ||
| Q1 25 | $7.9M | $9.2M | ||
| Q4 24 | $24.1M | $586.6M | ||
| Q3 24 | $78.5M | $106.2M | ||
| Q2 24 | $65.4M | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | -2.2% | 51.1% | ||
| Q3 25 | 12.5% | -9.3% | ||
| Q2 25 | 8.4% | 5.8% | ||
| Q1 25 | 0.9% | 1.1% | ||
| Q4 24 | 3.2% | 70.3% | ||
| Q3 24 | 10.1% | 15.0% | ||
| Q2 24 | 8.5% | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 5.3% | 2.4% | ||
| Q3 25 | 2.2% | 1.0% | ||
| Q2 25 | 1.9% | 0.5% | ||
| Q1 25 | 2.0% | 0.7% | ||
| Q4 24 | 1.8% | 1.5% | ||
| Q3 24 | 1.8% | 0.8% | ||
| Q2 24 | 2.3% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.30× | 3.71× | ||
| Q3 25 | 1.29× | -0.89× | ||
| Q2 25 | 1.16× | 0.42× | ||
| Q1 25 | 0.34× | 0.15× | ||
| Q4 24 | 0.65× | 6.37× | ||
| Q3 24 | 1.42× | 1.87× | ||
| Q2 24 | 1.24× | 7.37× |
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% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
