IES Holdings Reports Fiscal 2026 Third Quarter Results and Announces Two-for-One Stock Split

HOUSTON, July 31, 2026 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2026.

Third Quarter 2026 Highlights and Recent Developments * Revenue of $1,243 million for the third quarter of fiscal 2026, an increase of 40% compared with $890 million for the same quarter of fiscal 2025 * Operating income of $178.5 million for the third quarter of fiscal 2026, an increase of 60% compared with $111.9 million for the same quarter of fiscal 2025 * Net income attributable to IES of $153.0 million for the third quarter of fiscal 2026, an increase of 98% compared with $77.2 million for the same quarter of fiscal 2025, and diluted earnings per share attributable to common stockholders of $7.57 for the third quarter of fiscal 2026, compared with $3.81 for the same quarter of fiscal 2025 * Adjusted net income attributable to IES (a non-GAAP financial measure, as defined below) of $135.3 million for the third quarter of fiscal 2026, an increase of 70% compared with $79.5 million for the same quarter of fiscal 2025, and diluted adjusted earnings per share attributable to common stockholders of $6.70 for the third quarter of fiscal 2026, compared with $3.92 for the same quarter of fiscal 2025 * Remaining performance obligations, a GAAP measure of future revenue to be recognized from current contracts with customers, of approximately $2.8 billion as of June 30, 2026 * Backlog (a non-GAAP financial measure, as defined below) of approximately $4.5 billion as of June 30, 2026 * Announced a two-for-one split of the Company's common stock Overview of Results