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IES Holdings, Inc. IESC Infrastructure Solutions — Goodwill

Other segment segments

Residential
$51.37M0.0%
Communications
$12.34M+338%
Commercial and Industrial
$0

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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:Goodwill.

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 itemCommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialTotal
Goodwill at September 30, 2025$12,336$51,370$44,124$107,830
Acquisitions21,36021,360
Goodwill at March 31, 2026$12,336$51,370$65,484$129,190

Item 1. Financial Statements

FAQ

What is IES Holdings, Inc.'s infrastructure solutions — goodwill?
IES Holdings, Inc. (IESC) reported infrastructure solutions — goodwill of $65.48M in Q1 2026.
How has IES Holdings, Inc.'s infrastructure solutions — goodwill changed year-over-year?
IES Holdings, Inc.'s infrastructure solutions — goodwill increased by 59.6% year-over-year, from $41.04M to $65.48M.
What is the long-term trend for IES Holdings, Inc.'s infrastructure solutions — goodwill?
Over 4 years (2021 to 2025), IES Holdings, Inc.'s infrastructure solutions — goodwill has grown at a 2.0% compound annual growth rate (CAGR), from $153.68M to $166.05M.
What does infrastructure solutions — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the Infrastructure Solutions segment. It reflects the value of intangible assets such as brand reputation, customer relationships, and specialized workforce expertise. This balance is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.

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