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Segments

By segment

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Infrastructure Solutions$6.48M+64.4%
Residential$6.36M+7.6%
Communications$1.84M+46.3%
Commercial and Industrial$1.06M+73.0%
Corporate Segment$351K+55.3%

Other financials

Income statement

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Revenue$974.3M+16.8%
Gross profit$254.8M+22.0%
Operating income$112.3M+21.1%
Net income$110.3M+52.0%
EPS (diluted)$5.44+55.4%

Balance sheet

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Cash & equivalents$48.7M+117%
Total debt$107.4M+108%
Total equity$1.1B+52.0%
Total assets$2.0B+46.1%

Cash flow

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Operating cash flow$103.3M+316%
CapEx$31.8M+87.8%
Free cash flow$71.5M+805%

Valuation

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Market cap$15.62B+139%
Enterprise value$15.68B+141%
P/E41.4×+16.4×
P/S4.3×+2.3×

Profitability

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Gross margin26.1%+1.5pp
Operating margin11.7%+1.1pp
Net margin10.4%+2.4pp
FCF margin6.6%+1.0pp

Returns & leverage

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Return on equity42.5%+2.3pp
Debt / equity0.1×0.0×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by IES Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: IES Holdings, Inc.’s 10-Q, filed May 1, 2026.

Filed
Apr 30, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001048268-26-000086
Line itemSix Months Ended March 31, 2026Six Months Ended March 31, 2025
Adjustments to reconcile net income to net cash provided by operating activities:
Bad debt expense (benefit)(102)265
Deferred financing cost amortization305177
Depreciation and amortization28,76523,035
Loss (gain) on sale of assets299(179)
Non-cash compensation expense7,3165,085
Deferred income tax expense and other non-cash tax adjustments, net8,325228
Unrealized gain on marketable securities(34,621)(7,829)

Item 1. Financial Statements

FAQ

What is IES Holdings, Inc.'s D&A?
IES Holdings, Inc. (IESC) reported D&A of $16.09M in Q1 2026.
How has IES Holdings, Inc.'s D&A changed year-over-year?
IES Holdings, Inc.'s D&A increased by 34.7% year-over-year, from $11.95M to $16.09M.
What is the long-term trend for IES Holdings, Inc.'s D&A?
Over 4 years (2021 to 2025), IES Holdings, Inc.'s D&A has grown at a 21.0% compound annual growth rate (CAGR), from $21.91M to $46.94M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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