---
schema_version: "secwatch.filing_event.v1"
accession: "0001048268-23-000078"
form_type: "8-K"
ticker: "IESC"
cik: "0001048268"
company_name: "IES Holdings, Inc."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:32:11.307023+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IES Holdings Q3 FY2023 revenue up 3% to $584M; operating income doubles to $34.3M

## Summary
- Operating income $34.3M vs $15.6M YoY; net income $22.5M ($0.81 diluted EPS) vs $9.5M ($0.33).
- Adjusted net income $27.9M ($1.08 adjusted EPS) vs $12.1M ($0.46).
- Backlog $1.5B; remaining performance obligations $1.1B as of June 30, 2023.
- Residential segment reorganized with $3.6M severance charge; expects FY2024 profitability improvement.
- Cash net of debt $28.6M; operating cash flow $96.6M in first nine months.

## SEC filing metadata
- accession: 0001048268-23-000078
- form_type: 8-K
- ticker: IESC
- cik: 0001048268
- company_name: IES Holdings, Inc.
- filed_at: 2023-08-04T23:59:59+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/1048268/000104826823000078/0001048268-23-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048268/000104826823000078/iesc-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048268-23-000078
- JSON: https://secwatch.observer/filing/0001048268-23-000078.json
- Plain text: https://secwatch.observer/filing/0001048268-23-000078.txt

## Key facts
- Earnings Releases
  IES Holdings, Inc. reported the quarter ended June 30, 2023 results: revenue $584 million, net income Net income attributable to IES of $22.5 million, EPS diluted earnings per share attributable to common stockholders of $0.81.
  - Period: the quarter ended June 30, 2023
  - Revenue: $584 million
  - Net income: Net income attributable to IES of $22.5 million
  - EPS: diluted earnings per share attributable to common stockholders of $0.81
  - Result: reported results
  source text: IES Holdings Reports Fiscal 2023 Third Quarter Results HOUSTON — August 4, 2023 — IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2023. Third Quarter 2023 Highlights • Revenue of $584 million for the third quarter of fiscal 2023, an increase of 3% compared with $567 million for the same quarter of fiscal 2022 • Operating income of $34.3 million for the third quarter of fiscal 2023, compared with $15.6 million for the same quarter of fiscal 2022 • Net income attributable to IES of $22.5 million for the third quarter of fiscal 2023, compared with $9.5 million for the same quarter of fiscal 2022, and diluted earnings per share attributable to common stockholders of $0.81 for the third quarter of fiscal 2023, compared with $0.33 for the same quarter of fiscal 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048268/000104826823000078/0001048268-23-000078-index.htm

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