IES HOLDINGS, INC. (NASDAQ: IESC) | First Quarter Fiscal 2026 Update | DECEMBER 31, 2025 Disclosures Forward-Looking Statements Certain statements in this release may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statements ...

Core Viewpoint - IES Holdings, Inc. is set to release its fiscal 2026 first quarter results on January 30, 2026, before the market opens [1] Company Overview - IES Holdings, Inc. specializes in designing and installing integrated electrical and technology systems, as well as providing infrastructure products and services across various end markets, including data centers, residential housing, and commercial and industrial facilities [2] - The company employs over 10,000 individuals and serves clients throughout the United States [2]

Core Thesis - IES Holdings, Inc. (IESC) is viewed as a high-conviction, long-term investment due to its exceptional operational consistency and disciplined valuation [2][6] - The company's share price was $460.09 as of January 19th, with a trailing P/E of 30.63 [1][2] Financial Performance - IESC has achieved a five-year compound annual growth rate (CAGR) of over 20% in revenue and more than 40% in net income, with strong growth in EPS, equity, and free cash flow over the past seven years [2][3] - The business model is scalable and resilient, compounding value through multiple cycles rather than relying on short-term factors [3] Valuation Insights - A conservative intrinsic value estimate for IESC is approximately $540 per share, based on cautious assumptions about future earnings growth [4] - A targeted buy price of roughly $405 is suggested after applying a 25% margin of safety to account for potential forecasting errors or unforeseen risks [5] Investment Strategy - Shares were accumulated at an average price of $384.81, providing a discount to intrinsic value and downside protection [5] - The company is positioned as a core holding unless there is a material deterioration in fundamentals or excessive valuation [6] Market Context - The risk-reward profile for IESC remains skewed to the upside, supporting a bullish long-term outlook [6] - The investment thesis shares similarities with Quanta Services, Inc. (PWR), which has seen significant stock appreciation due to its role in AI-driven infrastructure [7]

IES HOLDINGS, INC. (NASDAQ: IESC) | Fourth Quarter Fiscal 2025 Update | September 30, 2025 Disclosures Forward-Looking Statements Certain statements in this release may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statemen ...

Core Insights - IES Holdings, Inc. reported record earnings for fiscal 2025, with consolidated revenue increasing by 17% year-over-year and operating income rising by 27% due to strategic investments and strong demand in key markets [4][5]. Financial Performance - Fourth quarter revenue reached $898 million, a 16% increase from $776 million in the same quarter of fiscal 2024 [6]. - Operating income for the fourth quarter was $104.3 million, up 39% from $75.0 million year-over-year [6]. - Net income attributable to IES for the fourth quarter was $101.8 million, a 61% increase compared to $63.1 million in the same quarter of fiscal 2024 [6]. - For fiscal 2025, total revenue was $3.37 billion, a 17% increase from $2.88 billion in fiscal 2024 [6]. - Operating income for fiscal 2025 was $383.5 million, up 27% from $300.9 million in fiscal 2024 [6]. Segment Performance - The Communications segment generated $1.14 billion in revenue for fiscal 2025, a 47% increase driven by demand in the data center market [7]. - The Residential segment's revenue was $1.30 billion, reflecting a 6% decrease due to challenges in the housing market [8]. - Infrastructure Solutions segment revenue increased by 42% to $498.7 million, benefiting from strong demand for custom engineered solutions [9]. - The Commercial & Industrial segment saw revenue rise by 16% to $427.7 million, driven by activity in education and healthcare markets [10]. Future Outlook - The company anticipates continued growth in its Communications, Infrastructure Solutions, and Commercial & Industrial segments, particularly in the data center market [5]. - A definitive agreement to acquire Gulf Island Fabrication, Inc. has been announced, aimed at increasing capacity for custom manufactured products [5]. Capital Allocation - IES ended the fiscal year with $127.2 million in cash and $104.6 million in marketable securities, with no debt [12]. - Capital allocation highlights include $52.4 million invested in acquisitions and $67.3 million in capital expenditures [18].

Core Viewpoint - IES Holdings, Inc. is set to release its fiscal 2025 fourth quarter and year-end results on November 21, 2025, before market opening [1] Company Overview - IES Holdings, Inc. specializes in designing and installing integrated electrical and technology systems, as well as providing infrastructure products and services across various end markets, including data centers, residential housing, and commercial and industrial facilities [2] - The company employs over 10,000 individuals and serves clients throughout the United States [2]

Core Insights - LRT Capital Management's "LRT Global Opportunities Strategy" reported a net return of -8.00% for September 2025 and a year-to-date return of -0.17%, indicating a challenging month amid a market surge driven by overvalued mega-cap stocks [1] Company Overview - IES Holdings, Inc. (NASDAQ:IESC) is a US-based engineering and construction company that specializes in integrated electrical and technology systems, providing infrastructure products and services [2] - The company has a market capitalization of $7.856 billion, with its stock closing at $395.66 per share on October 7, 2025 [2] Performance Metrics - IES Holdings, Inc. achieved a one-month return of 3.80% and a remarkable 52-week gain of 91.97% [2] Business Segments - IES Holdings operates through four segments: Communications, Infrastructure Solutions, Commercial & Industrial, and Residential, which allows it to serve diverse end markets and reduce cyclicality risks [3] - The company's structure positions it to capitalize on high-growth trends, particularly in the development of the nation's digital infrastructure [3]

Core Insights - IES Holdings, Inc. (NASDAQ:IESC) is recognized as one of the 12 stocks with consistent growth, showcasing significant revenue increases and strategic acquisitions [1][2]. Financial Performance - The company reported revenue of $890 million for the third quarter ended June 30, 2025, marking a 16% increase compared to the same quarter the previous year [2]. - IES Holdings has a backlog of approximately $2.1 billion, indicating strong future revenue potential [2]. Strategic Developments - The acquisition of Qypsys, a provider of wireless network infrastructure, is expected to enhance IES Holdings' growth trajectory. This acquisition was completed on August 1, 2025, through the subsidiary IES Communications [2][3]. - The President of IES Communications, Tom Emma, emphasized that the integration of Qypsys' design and integration services will strengthen the company's market presence, particularly in the Southeastern U.S. [3]. Insider Activity - There has been notable insider activity following the acquisition, including the sale of 3,000 shares by Senior Vice President Mary K Newman, valued at $971,914, on August 22, 2025 [3]. Historical Performance - Over the past decade, IES Holdings has demonstrated remarkable growth with a performance increase of 5354.94% [4]. - Founded in 1997, the company specializes in designing and installing integrated electrical and technology systems, serving a diverse client portfolio that includes data centers, residential housing, and commercial and industrial facilities [4].

Core Points - IES Holdings, Inc. will present at the Midwest IDEAS Investor Conference on August 27, 2025, at 4:50pm CT [1] - The presentation will be webcast and accessible through the conference host's website [1] - Presentation materials will be available in the investor relations section of IES's website [1] Company Overview - IES Holdings, Inc. designs and installs integrated electrical and technology systems [2] - The company provides infrastructure products and services to various end markets, including data centers, residential housing, and commercial and industrial facilities [2] - IES employs over 9,000 individuals serving clients across the United States [2]

Financial Performance - Revenue for the third quarter of fiscal year 2025 was $890 million, a 16% increase year-over-year[7] - Operating income for the third quarter of fiscal year 2025 was $111.9 million, a 24% increase year-over-year[7] - Earnings per share for the third quarter of fiscal year 2025 was $3.81, and adjusted earnings per share was $3.95[7] - Year-to-date revenue for fiscal year 2025 reached $2473.7 million, a 17% increase compared to $2108.6 million in the same period of fiscal year 2024[9, 19] - Year-to-date earnings per share increased by 45% from $6.84 to $10.03[11] Segment Performance - Communications segment revenue for the third quarter of fiscal year 2025 was $299.2 million, a 56% increase from the third quarter of fiscal year 2024[14] - Residential segment revenue for the third quarter of fiscal year 2025 was $346.1 million, an 8% decrease from the third quarter of fiscal year 2024[14] - Infrastructure Solutions segment revenue for the third quarter of fiscal year 2025 was $129.5 million, a 27% increase from the third quarter of fiscal year 2024[14] - Commercial & Industrial segment revenue for the third quarter of fiscal year 2025 was $115.4 million, a 19% increase from the third quarter of fiscal year 2024[14] Backlog - Remaining performance obligations, a GAAP measure of future revenue, stood at $1.3 billion[7] - Record backlog reached $2.1 billion[7] - Agreements without an enforceable obligation are valued at $772 million[24]