---
schema_version: "secwatch.filing_event.v1"
accession: "0001048268-23-000019"
form_type: "8-K"
ticker: "IESC"
cik: "0001048268"
company_name: "IES Holdings, Inc."
filed_at: "2023-02-03T23:59:59+00:00"
generated_at: "2026-06-20T00:48:43.663963+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IES Holdings Q1 revenue up 20% to $575M, adjusted EPS $0.82; backlog $1.3B

## Summary
- Revenue $575M (+20% YoY); operating income $40.7M (incl. $13M gain from STR Mechanical sale).
- Adjusted net income $19.9M; adjusted diluted EPS $0.82 vs $0.83 in prior year.
- Residential segment revenue +32% to $318M; Infrastructure Solutions op income +176% to $4.7M.
- Stock buyback program authorized $40M; 219,731 shares repurchased at avg $30.97 in Q1.
- Expect to fully utilize federal NOLs in FY2023; began federal estimated tax payments in Jan 2023.

## SEC filing metadata
- accession: 0001048268-23-000019
- form_type: 8-K
- ticker: IESC
- cik: 0001048268
- company_name: IES Holdings, Inc.
- filed_at: 2023-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048268/000104826823000019/0001048268-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048268/000104826823000019/iesc-20230203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048268-23-000019
- JSON: https://secwatch.observer/filing/0001048268-23-000019.json
- Plain text: https://secwatch.observer/filing/0001048268-23-000019.txt

## Key facts
- Earnings Releases
  IES Holdings, Inc. reported first quarter of fiscal 2023 ended December 31, 2022 results: revenue $575 million, net income $26.4 million, EPS $1.14 per diluted share.
  - Period: first quarter of fiscal 2023 ended December 31, 2022
  - Revenue: $575 million
  - Net income: $26.4 million
  - EPS: $1.14 per diluted share
  - Result: reported results
  source text: Revenue of $575 million for the first quarter of fiscal 2023, an increase of 20% compared with $481 million for the same quarter of fiscal 2022 • Operating income of $40.7 million for the first quarter of fiscal 2023, compared with $20.3 million for the same quarter of fiscal 2022; operating income for the first quarter of fiscal 2023 includes a pretax gain of $13.0 million from the sale of STR Mechanical; excluding this gain, operating income increased 37% compared with the first quarter of fiscal 2022 • Net income attributable to IES of $26.4 million for the first quarter of fiscal 2023, compared with $14.5 million for the same quarter of fiscal 2022, and diluted earnings per share attributable to common stockholders of $1.14 and $0.69, respectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048268/000104826823000019/0001048268-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.