IES Holdings 3Q 2026: Revenue $974.3M, EPS $5.44— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.IES Holdings, Inc. reported Q3 2026 results with revenue of $974.3M, a 16.8% increase from the previous year, and diluted EPS of $5.44, up from $3.50. Net income rose to $109.9M from $70.7M. Growth was driven by Communications, Infrastructure Solutions, and Commercial & Industrial segments, despite a 9-10% decline in residential revenues. The acquisition of Gulf Island enhanced manufacturing capacity and backlog. Gross margins improved to 25.7% due to better pricing and project execution, offsetting residential pressures.
IES Holdings, Inc. reported third-quarter 2026 results with consolidated revenue of $974.3M and diluted EPS of $5.44, reflecting year‑over‑year revenue growth and higher profitability versus the prior-year quarter.
Financial Highlights
- Revenue was $974.3M for Q3 2026 (three months ended Mar 31, 2026), up from $834.0M in the year-ago quarter; YoY change 16.8%.
- Net income attributable to IES Holdings, Inc. was $109.9M for Q3 2026, up from $70.7M in the year-ago quarter.
- Diluted earnings per share was $5.44 for Q3 2026, up from $3.50 in the year-ago quarter.
Business Highlights
- Consolidated revenues rose roughly 16.5–16.8% year over year, led by Communications, Infrastructure Solutions and Commercial & Industrial segments.
- Strong data center demand supported backlog and execution in Communications, Infrastructure Solutions and Commercial & Industrial businesses.
- Residential revenues declined about 9–10% due to single‑family weakness, pricing pressure and lower multi‑family backlog.
- Acquisition of Gulf Island expanded manufacturing capacity and added meaningful backlog and remaining performance obligations for Infrastructure Solutions.
- Gross margins improved year to date to 25.7% driven by better pricing, project execution and productivity, offsetting residential pressures.
Original SEC Filing: IES Holdings, Inc. [ IESC ] - 10-Q - May. 01, 2026