IES Holdings, Inc. (IESC)

IES Holdings Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	3,371	2,884	2,377	2,167	1,536
Revenue Growth (YoY)	16.89%	21.33%	9.71%	41.02%	29.02%
Cost of Revenue	2,512	2,188	1,933	1,848	1,248
Gross Profit	859.5	696.59	444.54	318.93	288
Selling, General & Admin	474.98	396.68	298.63	260.41	202.25
Operating Expenses	474.98	396.68	298.63	260.41	202.25
Operating Income	384.52	299.91	145.91	58.52	85.75
Interest Expense	-1.81	-1.34	-3.02	-2.97	-0.96
Interest & Investment Income	2.9	4	-	-	-
Earnings From Equity Investments	14.76	-	-	-	-
Other Non Operating Income (Expenses)	1.79	-0.66	1.79	-0.04	0.29
EBT Excluding Unusual Items	402.15	301.91	144.69	55.51	85.07
Gain (Loss) on Sale of Investments	7.49	1.79	-	-	-
Gain (Loss) on Sale of Assets	0.16	1.68	14.14	0.07	0.05
Legal Settlements	-	-	-	-2.3	-
Other Unusual Items	-1.15	-0.71	-0.28	-0.28	-0.21
Pretax Income	408.65	304.67	158.55	53	84.91
Income Tax Expense	96.81	72.17	38.76	12.82	16.23
Earnings From Continuing Operations	311.84	232.5	119.79	40.19	68.68
Net Income to Company	311.84	232.5	119.79	40.19	68.68
Minority Interest in Earnings	-5.87	-13.39	-11.5	-5.42	-2.02
Net Income	305.98	219.12	108.29	34.76	66.66
Preferred Dividends & Other Adjustments	2.92	17.14	15.71	4.72	0.37
Net Income to Common	303.06	201.98	92.58	30.05	66.29
Net Income Growth	39.64%	102.35%	211.51%	-47.85%	60.24%
Shares Outstanding (Basic)	20	20	20	21	21
Shares Outstanding (Diluted)	20	20	20	21	21
Shares Change (YoY)	-1.14%	0.01%	-2.31%	-0.91%	-0.03%
EPS (Basic)	15.22	10.02	4.58	1.45	3.19
EPS (Diluted)	15.02	9.89	4.54	1.44	3.15
EPS Growth	51.87%	117.84%	215.28%	-54.29%	62.37%
Free Cash Flow	218.84	189.25	136.24	-12.99	30.52
Free Cash Flow Per Share	10.84	9.27	6.67	-0.62	1.45
Gross Margin	25.49%	24.15%	18.70%	14.72%	18.74%
Operating Margin	11.40%	10.40%	6.14%	2.70%	5.58%
Profit Margin	8.99%	7.00%	3.89%	1.39%	4.31%
Free Cash Flow Margin	6.49%	6.56%	5.73%	-0.60%	1.99%
EBITDA	431.46	337.01	175.32	83.98	107.66
EBITDA Margin	12.80%	11.68%	7.38%	3.88%	7.01%
D&A For EBITDA	46.94	37.1	29.41	25.47	21.91
EBIT	384.52	299.91	145.91	58.52	85.75
EBIT Margin	11.40%	10.40%	6.14%	2.70%	5.58%
Effective Tax Rate	23.69%	23.69%	24.45%	24.18%	19.12%

Updated Nov 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q