IES Holdings (IESC) Operating Expenses (2010 - 2026)
IES Holdings (IESC) recorded quarterly Operating Expenses of $142.6 million in Q1 2026, up 16.92% on a QoQ basis from $121.9 million in Q4 2025, and up 22.5% year-over-year from $116.4 million in Q1 2025.
IES Holdings (IESC) Operating Expenses (2010 - 2026) Analysis & Trends
IES Holdings has disclosed Operating Expenses across 17 years of filings, most recently posting $142.6 million for Q1 2026.
- Quarterly Operating Expenses rose 22.5% year-over-year to $142.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $520.9 million (up 19.47% YoY) and the FY2025 annual result came in at $476.1 million, up 19.81% from the prior year.
- Operating Expenses climbed to $142.6 million in Q1 2026, from $121.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $142.6 million in Q1 2026 and troughed at $63.5 million in Q1 2022.
- A 5-year average of $96.5 million and a median of $95.3 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses rose 9.32% — and 2024, when it surged 40.83%.
- Tracing IESC's Operating Expenses over 5 years: stood at $67.8 million in 2022, then gained by 26.6% to $85.9 million in 2023, then climbed by 20.37% to $103.4 million in 2024, then climbed by 17.96% to $121.9 million in 2025, then grew by 16.92% to $142.6 million in 2026.
- Business Quant data shows IESC's Operating Expenses at $142.6 million in Q1 2026, $121.9 million in Q4 2025, and $128.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 620.73 Mn |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 269.00 Mn |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 460.11 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 297.49 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 49.26 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 517.00 Mn |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 142.57 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | 876.07 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | TopBuild | 11.17 Bn | 10.90 Bn | 400.25 Mn | 225.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 142.57 Mn |
| Dec 31, 2025 | 121.94 Mn |
| Sep 30, 2025 | 128.69 Mn |
| Jun 30, 2025 | 127.67 Mn |
| Mar 31, 2025 | 116.38 Mn |
| Dec 31, 2024 | 103.38 Mn |
| Sep 30, 2024 | 111.50 Mn |
| Jun 30, 2024 | 104.74 Mn |
| Mar 31, 2024 | 95.27 Mn |
| Dec 31, 2023 | 85.89 Mn |
| Sep 30, 2023 | 87.28 Mn |
| Jun 30, 2023 | 74.37 Mn |
| Mar 31, 2023 | 69.42 Mn |
| Dec 31, 2022 | 67.84 Mn |
| Sep 30, 2022 | 72.86 Mn |
| Jun 30, 2022 | 67.16 Mn |
| Mar 31, 2022 | 63.50 Mn |
| Dec 31, 2021 | 59.47 Mn |
| Sep 30, 2021 | 61.54 Mn |
| Jun 30, 2021 | 50.41 Mn |