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How IES Holdings, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$3.4B · 100%Cost of revenue$2.5B · 75%Gross profit$859M · 25%Operating income$384M · 11%Income before tax$394M · 12%Income tax$96.8M · 3%Net income$306M · 9%As of 2025-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$3.4B100%
  • 10-K · FY 2025Filing detailsAccession 0001048268-25-000174 · filed Nov 21, 2025
Cost of revenue$2.5B75%
  • 10-K · FY 2025Filing detailsAccession 0001048268-25-000174 · filed Nov 21, 2025
$859M25%
  • 10-K · FY 2025Filing detailsAccession 0001048268-25-000174 · filed Nov 21, 2025
$384M11%
  • 10-K · FY 2025Filing detailsAccession 0001048268-25-000174 · filed Nov 21, 2025
Income before tax$394M12%
  • 10-K · FY 2025Filing detailsAccession 0001048268-25-000174 · filed Nov 21, 2025
Income tax$96.8M3%
  • 10-K · FY 2025Filing detailsAccession 0001048268-25-000174 · filed Nov 21, 2025
$306M9%
  • 10-K · FY 2025Filing detailsAccession 0001048268-25-000174 · filed Nov 21, 2025
Source:
  • 10-K · FY 2025Filing detailsAccession 0001048268-25-000174 · filed Nov 21, 2025
· event Sep 30, 2025 · retrieved Oct 15, 2026 · annual-row source set
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