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Segments

By segment

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Residential$55.38M-3.1%
Communications$32.57M+38.9%
Infrastructure Solutions$21.05M+68.6%
Corporate Segment$18.7M+56.6%
Commercial and Industrial$14.75M+33.8%

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$15.15B+139%
Enterprise value$15.21B+141%
P/E40.1×+15.9×
P/S4.2×+2.2×

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:SellingGeneralAndAdministrativeExpense.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenues$974,284$833,960
Cost of services719,497625,091
Gross profit254,787208,869
Selling, general and administrative expenses142,442116,044
Contingent consideration129339
Gain on sale of assets(39)(209)
Operating income112,25592,695
Interest and other income (expense):

Item 1. Financial Statements

FAQ

What is IES Holdings, Inc.'s SG&A?
IES Holdings, Inc. (IESC) reported SG&A of $142.44M in Q1 2026.
How has IES Holdings, Inc.'s SG&A changed year-over-year?
IES Holdings, Inc.'s SG&A increased by 22.7% year-over-year, from $116.04M to $142.44M.
What is the long-term trend for IES Holdings, Inc.'s SG&A?
Over 4 years (2021 to 2025), IES Holdings, Inc.'s SG&A has grown at a 23.8% compound annual growth rate (CAGR), from $202.25M to $474.98M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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