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]

Overview of Results - IES Holdings, Inc. reported a 16% increase in revenue to $890 million for the third quarter of fiscal 2025 compared to $768 million in the same quarter of fiscal 2024 [6] - Operating income rose by 24% to $111.9 million from $90.2 million year-over-year [6] - Net income attributable to IES increased by 24% to $77.2 million, with diluted earnings per share rising to $3.81 from $2.67 [6][21] Segment Performance - The Communications segment generated revenue of $299.2 million, a 56% increase from $192.3 million in the prior year, with operating income rising to $47.8 million from $21.0 million [4][30] - The Residential segment's revenue decreased by 8% to $346.1 million due to a challenging housing market, with operating income falling to $33.4 million from $43.7 million [5][30] - Infrastructure Solutions segment revenue increased by 27% to $129.5 million, with operating income improving to $32.6 million from $19.8 million [7][30] - The Commercial & Industrial segment saw revenue rise by 20% to $115.4 million, with operating income slightly decreasing to $12.9 million from $13.0 million [8][30] Financial Position - Remaining performance obligations stood at approximately $1.3 billion, indicating future revenue to be recognized from current contracts [6][14] - Backlog was approximately $2.1 billion, reflecting signed agreements and letters of intent [6][14] - The company ended the quarter with $88.4 million in cash and restricted cash, net of debt, and $66.8 million in marketable securities [11] Capital Allocation and Investments - IES Holdings invested $17.1 million in capital expenditures and funded a $7 million deposit for the purchase of an industrial fabrication operation [12] - The company repurchased 33,900 shares of common stock for $5.3 million, with $168.0 million remaining under its stock repurchase authorization [12]

Core Viewpoint - IES Holdings, Inc. is set to release its fiscal 2025 third quarter results on August 1, 2025, before market opening [1] Company Overview - IES Holdings, Inc. specializes in designing and installing integrated electrical and technology systems, along with providing infrastructure products and services [2] - The company serves various end markets, including data centers, residential housing, and commercial and industrial facilities [2] - IES employs over 9,000 individuals and operates primarily within the United States [2]

Core Viewpoint - IES Holdings, Inc. announces the succession of Matthew Simmes as Chief Executive Officer effective July 1, 2025, as part of the company's executive succession plan, with Jeffrey Gendell transitioning to Executive Chairman [1] Group 1: Leadership Transition - Matthew Simmes has over 31 years of experience at IES, having held various senior roles, including President and Chief Operating Officer since 2023 [2] - Jeffrey Gendell, who has been with the company since 2016, will continue to lead the Board of Directors while working closely with Simmes [1][3] Group 2: Strategic Focus - Gendell emphasizes that Simmes' leadership has been crucial for the operational and financial success of IES's four business segments and in executing the company's strategic vision [3] - The company has experienced significant growth over the last five years, positioning Simmes well for the CEO role [3] Group 3: Company Overview - IES designs and installs integrated electrical and technology systems, providing infrastructure products and services across various markets, including data centers and residential housing [4] - The company employs over 9,000 individuals serving clients throughout the United States [4]