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
DateValue
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