NASDAQ:IESC
IES Holdings, Inc.
IES Holdings, Inc.'s revenue grew 16.9% in fiscal 2025 to $3.4B while operating margin rose to 11.4%, its highest in 10 years. Free cash flow was $218.8M, 6.5% of revenue, and the diluted share count fell 1.1%.Summary generated from IES Holdings, Inc.'s SEC filings. Latest annual report filed Nov 21, 2025.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$3.4B
Revenue growth+16.9%
Revenue, 5-yr CAGR+23.1%
Gross margin25.5%
Operating margin11.4%
Net margin9.1%
ROIC45.7%
Return on equity40.9%
Debt / equity0.00
Free cash flow$218.8M
FCF margin6.5%
Share count change−1.1%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,536 | 2,167 | 2,377 | 2,884 | 3,371 |
| Operating income | 86 | 56 | 160 | 301 | 384 |
| Net income | 67 | 35 | 108 | 219 | 306 |
| Free cash flow | 31 | −13 | 136 | 189 | 219 |
Recent filings
- 8-KEntry into a material agreement
Oct 6, 2026 - 4Insider transaction report
Oct 2, 2026 - 4Insider transaction report
Oct 2, 2026 - 8-KEntry into a material agreement
Aug 11, 2026 - 8-KResults of operations and financial condition
Jul 31, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 31, 2026 - 8-KResults of operations and financial condition
May 1, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 1, 2026