IES Holdings delivers 40% revenue surge to $1.24B, record $4.5B backlog, and a 2-for-1 stock split
IESC has more than doubled off its 52-week low of $309.51.
Summary
IES Holdings posted Q3 FY2026 revenue of $1.24B (+40% YoY) and EPS of $7.57, fueled by data center growth. A record $4.5B backlog and a 2-for-1 stock split highlight the quarter.
Key Events · Earnings and Guidance · IESC
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Revenue Surges 40% to $1.24B
Q3 FY2026 revenue reached $1.24 billion, up from $890 million a year ago, driven by strong data center demand in Communications and Infrastructure Solutions.
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Record Backlog of $4.5B
Backlog hit $4.5 billion as of June 30, 2026, a 91% increase from fiscal 2025 year-end, providing strong revenue visibility.
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2-for-1 Stock Split Announced
Board approved a two-for-one stock split; shareholders of record on August 14, 2026 will receive one additional share after the close on August 21, 2026.
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Operating Income Jumps 60%
Operating income rose to $178.5 million from $111.9 million, with Communications and Commercial & Industrial segments showing the strongest margin expansion.
Analysis · IESC · Real Estate & Construction
A standout quarter for IES Holdings saw revenue jump 40% to $1.24 billion and operating income climb 60%, fueled by booming data center demand across its Communications and Infrastructure Solutions segments. The record $4.5 billion backlog—nearly double the prior year—signals sustained momentum, while the 2-for-1 stock split aims to improve liquidity and reflects management's confidence. The balance sheet is pristine: no debt, $77 million in cash, and $311 million in marketable securities. This is a strong growth story, though the Residential segment remains a drag due to housing softness.
At the time of this filing, IESC was trading at $625.00 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $11.4B. The 52-week trading range was $309.51 to $804.00. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.