IES Holdings (IESC) FQ2 Revenue Grows 17% on Data Center Demand

3 days ago 5

Maham Fatima

Thu, May 7, 2026 astatine 10:29 AM CDT 2 min read

IES Holdings Inc. (NASDAQ:IESC) is 1 of the best engineering stocks to bargain successful 2026. On May 1, IES Holdings reported fiscal results for FQ2 2026, with gross reaching $974 million, a 17% summation year-over-year. Operating income roseate 21% to $112.3 million, portion nett income attributable to IES climbed 56% to $109.9 million, resulting successful diluted EPS of $5.44. These gains were driven by request successful the information halfway market, which fueled important maturation successful the Communications & Infrastructure Solutions segments.

Performance varied crossed segments, with the Communications concern posting a 35% gross summation owed to heightened information halfway and organisation halfway activity. The Infrastructure Solutions conception saw a 64% surge successful revenue, aided by the January acquisition of Gulf Island Fabrication, Inc., which contributed $37.5 cardinal during the quarter. Conversely, the Residential conception faced a 10% gross diminution owed to ongoing softness successful the lodging marketplace and pricing pressures from location builders.

IES Holdings (IESC) FQ2 Revenue Grows 17% connected Data Center Demand

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IES Holdings Inc. (NASDAQ:IESC) ended the 4th with a coagulated fiscal position, maintaining $49.5 cardinal successful currency and implicit $214 cardinal successful marketable securities. While the Gulf Island integration is expected to output much meaningful net contributions successful fiscal 2027, the institution continues to put heavy successful hiring and grooming to execute its expanding backlog.

IES Holdings Inc. (NASDAQ:IESC) provides integrated electrical and exertion systems done 4 segments: Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. Headquartered successful Texas, the steadfast has operated since 1997.

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