Energy Services of America reported its fiscal third quarter results ended June 30, 2025, on August 11, 2025. Total revenues increased to $103.6 million, up from $85.9 million in the prior-year quarter, driven by Gas & Water Distribution and Electrical, Mechanical, and General business lines.
Gross profit for the quarter was $12.0 million, down from $15.3 million in the prior-year quarter, with gross margin at 11.6% compared to 17.8%. Net income was $2.1 million, or $0.12 per diluted share, a significant decrease from $17.5 million, or $1.06 per diluted share, in the prior-year quarter, which included a $11.4 million legal judgment.
Selling and administrative expenses rose to $8.8 million due to additional personnel, the Tribute acquisition, and increased consulting and audit fees for accelerated filer status. The company's backlog reached a new high of $304.4 million as of June 30, 2025, up from $280.7 million in the previous quarter.
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