Highest-materiality recent filing
IES Holdings Q2 FY2026 revenue +17% to $974M, EPS $5.44 vs $3.50 YoY
Revenue $974M (+17% YoY); operating income $112.3M (+21%); net income $109.9M (+56%).
Eight director nominees elected with 'for' votes ranging from 17.1M to 17.7M; broker non-votes of ~1.2M.
IES Holdings Q1 revenue up 16% to $871M; EPS $4.51; acquires Gulf Island Fabrication for $192M
Revenue $871M (+16% YoY); operating income $97.7M (+31%); net income $91.4M ($4.51 diluted EPS).
IES Holdings posts record Q4 earnings, revenue up 16% YoY, and agrees to acquire Gulf Island
Q4 revenue $898M (+16% YoY); operating income $104.3M (+39%); diluted EPS $4.99 vs $3.06.
IES Holdings acquires Gulf Island Fabrication for $12/share (~$192M equity value)
All-cash deal: $12.00 per share; aggregate equity value ~$192M; 52% premium to Nov 6 close.
IES Holdings Q3 FY2025 revenue $890M (+16% YoY), EPS $3.81, backlog $2.1B
Revenue $890M, operating income $111.9M (+24%), net income $77.2M (+24%), diluted EPS $3.81.
IES Holdings CEO succession effective: Matt Simmes becomes CEO, salary raised to $925k
Matt Simmes became President and CEO effective July 1, 2025; Jeff Gendell transitioned to Executive Chairman.
IES Holdings appoints Matthew Simmes as CEO effective July 1, 2025
Matthew Simmes, current President & COO, becomes President & CEO on July 1, 2025, succeeding Jeffrey Gendell.
IES Holdings appoints Kelly C. Janzen to Board of Directors effective May 12, 2025
Janzen elected director, also appointed to Audit Committee of the Board.
IES Holdings Q2 revenue up 18% to $834M, EPS $3.50 vs $2.29; data center demand drives growth
Revenue $834M (+18% YoY); net income $70.7M (+34%); diluted EPS $3.50 vs $2.29.
IES Holdings shareholders elect directors, approve equity plan at annual meeting
All six director nominees elected; Todd M. Cleveland received 17.6M votes for, highest among nominees.
IES Holdings Q1 FY2025: rev $750M (+18%), EPS $2.72 vs $1.87, upbeat on data center demand
Revenue $750M (+18% YoY), operating income $74.6M (+29%), net income $56.3M (+37%), diluted EPS $2.72 (adjusted $2.64).
IES Holdings ups revolving credit facility to $300M, extends maturity to 2030
Revolver increased from $150M to $300M; maturity extended to January 21, 2030.
IES Q4 revenue $776M (+20%), EPS $3.06; FY24 EPS $9.89; backlog $1.8B
Q4 revenue $776M (+20% YoY); operating income $75.0M (+41%); net income $63.1M (+67%); diluted EPS $3.06.
IES Holdings appoints John Louis Fouts to Board and Audit Committee, effective Sept 23, 2024
Election of John Louis Fouts (57) to Board and Audit Committee, effective September 23, 2024.
IES Holdings director Elizabeth D. Leykum resigns effective Sept 6, 2024
Leykum resigned from Board, Audit Committee, and Compensation Committee on Sept 4, 2024.
IES Holdings Q3 revenue up 31% to $768M, EPS $2.67; Board authorizes $200M buyback
Q3 revenue $768M (+31% YoY); operating income $90.2M (+163%); net income $62.1M (+175%).
IES Holdings Q2 revenue up 24% to $706M; EPS $2.29 vs $0.92 YoY
Revenue $706M (+24% YoY), operating income $77.7M (+146%), diluted EPS $2.29 vs $0.92.
All six director nominees elected with >90% of votes cast for each.
IES Holdings Q1 revenue $634M (+10% YoY), EPS $1.87, operating income up 43%
Revenue $634M, up 10% from $575M; operating income $58.0M, up 43% from $40.7M (prior year included $13M gain on STR sale).
IES Holdings Q4 EPS $1.66 vs $0.72 YoY; revenue up 5%; promotes Simmes to President
Q4 revenue $649M (+5% YoY); net income $37.8M (+133%); diluted EPS $1.66.
IES Holdings Q3 FY2023 revenue up 3% to $584M; operating income doubles to $34.3M
Operating income $34.3M vs $15.6M YoY; net income $22.5M ($0.81 diluted EPS) vs $9.5M ($0.33).
IES Holdings appoints McLauchlin as principal accounting officer; Petersen moves to subsidiary
Alison Petersen stepped down as VP, CAO, and principal accounting officer; named Interim SVP Finance of IES Residential.
IES Holdings Q2 FY2023 net income $21.6M ($0.92/share) vs loss a year ago; revenue up 13% to $569M
Revenue $569M (+13% YoY); operating income $31.6M vs operating loss $4.9M in Q2 FY2022.
IES Holdings shareholders elect directors, ratify auditor, approve say-on-pay at annual meeting
All six director nominees elected with majority support; broker non-votes of 1.8M shares.
IES Holdings Q1 revenue up 20% to $575M, adjusted EPS $0.82; backlog $1.3B
Revenue $575M (+20% YoY); operating income $40.7M (incl. $13M gain from STR Mechanical sale).
IES Holdings Q4 revenue up 28% to $617M but net income down 28%; Board authorizes new $40M buyback
Q4 diluted EPS $0.72 vs $1.07 YoY; adjusted EPS $0.95 vs $1.30.
IES Holdings Q3 revenue up 40% to $567M; EPS falls to $0.33 from $0.92
Revenue $567M (+40% YoY); operating income $15.6M (-30% YoY).
IES Holdings Q2 FY2022: revenue $502M (+51%), net loss $5.4M vs $12.8M profit YoY
Revenue $502M (+51% YoY); net loss attributable to IES $5.4M ($0.30 diluted) vs net income $12.8M ($0.58) in prior year.
IES Holdings appoints director Baldock to two board committees
Jennifer Adams Baldock joined Human Resources and Compensation Committee and Nominating/Governance Committee effective Feb 23, 2022.
IES Holdings shareholders elect all six director nominees and ratify auditor at 2022 annual meeting
All six director nominees elected; vote tallies ranged from 16.5M to 17.8M for, 1.99M broker non-votes.
IES Holdings Q1 FY2022 revenue $481M (+53%), EPS $0.69 (adj. $0.83)
Revenue $481M, up 53% YoY; diluted EPS $0.69 GAAP and $0.83 adjusted, up 19% YoY.
IES Holdings appoints Jennifer Baldock to board; director Dowling resigns
Jennifer Baldock elected to board effective Dec 31, 2021, bringing governance and legal expertise.
Revenue $484M (+46% YoY); net income $22.4M (+54%); diluted EPS $1.07; adjusted EPS $1.30.
IES Holdings Q3 fiscal 2021 revenue $406M (+38% YoY), diluted EPS $0.92
Revenue $406M (+38% YoY); operating income $22.5M (+60%); net income $19.3M (+57%).
Mr. Gendell will continue to serve as Chairman & Chief Executive Officer until July 1, 2025, at which point he will become Executive Chairman of the Board.
the Board appointed Matthew J. Simmes as the Company’s President and Chief Executive Officer and as a member of the Board, effective July 1, 2025, succeeding Jeffrey L. Gendell.
On May 12, 2025, the Board of Directors (the “Board”) of IES Holdings, Inc. (the “Company”) elected Kelly C. Janzen as a director of the Company, to hold office until the next annual meeting of stockholders of the Company, or, if earlier, such time as her successor is elected and qualified or her resignation or removal, in accordance with the Amended and Restated Bylaws of the Company.
On September 23, 2024, the Board of Directors (the “Board”) of IES Holdings, Inc. (the “Company”) elected John Louis Fouts as a director of the Company, to hold office until the next annual meeting of stockholders of the Company, or, if earlier, such time as his successor is elected and qualified or his resignation or removal, in accordance with the Amended and Restated Bylaws of the Company.
On September 4, 2024, Elizabeth D. Leykum informed IES Holdings, Inc. (the “Company”) that she was resigning as a member of the Board of Directors of the Company (the "Board"), effective as of September 6, 2024.
On December 7, 2023, the Company announced the promotion of Matthew J. Simmes, the Company’s Chief Operating Officer, to the position of President, effective as of December 7, 2023.
Effective June 16 , 2023, Tracy A. McLauchlin was appointed as principal accounting officer of the Company.
Effective June 16 , 2023, Alison M. Petersen was appointed as Interim Senior Vice President of Finance of IES Residential, Inc. (“IES Residential”), a wholly-owned subsidiary of IES Holdings, Inc. (the “Company”), and, in connection with her appointment, stepped-down as Vice President, Chief Accounting Officer and principal accounting officer of the Company.
Joseph L. Dowling III informed the Company that he was resigning as a member of the Board of Directors of the Company, effective as of December 31, 2021.
the Board of Directors (the “Board”) of IES Holdings, Inc. (the “Company”) elected Jennifer Adams Baldock as a director of the Company, to hold office until the next annual meeting of stockholders of the Company
On December 3, 2021, the Company announced the appointment of Matthew J. Simmes, 46, as Chief Operating Officer of the Company, effective as of December 3, 2021.
Max materiality 0.85 · Median 0.75 · Most common event earnings