Energy Services of America CORP Revenue Disclosure
6. | DISAGGREGATION OF REVENUE |
The Company disaggregates revenue based on the following lines of service: (1) Gas & Water Distribution, (2) Gas & Petroleum Transmission, and (3) Electrical, Mechanical, & General services and construction. Our contract types are: Lump Sum, Unit Price, Cost Plus and T&M. The following tables present our disaggregated revenue for the fiscal years ended September 30, 2025 and 2024:
| Twelve Months Ended September 30, 2025 | |||||||||||
Electrical, | ||||||||||||
| Gas & Water | | Gas & Petroleum | | Mechanical, | | Total revenue | |||||
Distribution | Transmission | & General | from contracts | |||||||||
Lump sum contracts | $ | — | $ | — | $ | 141,753,561 | $ | 141,753,561 | ||||
Unit price contracts |
| 149,574,917 |
| 48,061,502 |
| 4,139,223 |
| 201,775,642 | ||||
Cost plus and T&M contracts |
| — |
| 16,524,635 |
| 50,947,535 |
| 67,472,170 | ||||
Total revenue from contracts | $ | 149,574,917 | $ | 64,586,137 | $ | 196,840,319 | $ | 411,001,373 | ||||
| |
| |
| |
| | |||||
Earned over time | $ | 84,260,791 | $ | 48,061,502 | $ | 152,546,419 | $ | 284,868,712 | ||||
Earned at point in time |
| 65,314,126 |
| 16,524,635 |
| 44,293,900 |
| 126,132,661 | ||||
Total revenue from contracts | $ | 149,574,917 | $ | 64,586,137 | $ | 196,840,319 | $ | 411,001,373 | ||||
| Twelve Months Ended September 30, 2024 | |||||||||||
Electrical, | ||||||||||||
Gas & Water | Gas & Petroleum | Mechanical, | Total revenue | |||||||||
| Distribution | | Transmission | | & General | | from contracts | |||||
Lump sum contracts | $ | — | $ | — | $ | 121,997,872 | $ | 121,997,872 | ||||
Unit price contracts |
| 82,426,199 |
| 71,265,020 |
| 4,141,938 |
| 157,833,157 | ||||
Cost plus and T&M contracts |
| — |
| 9,790,155 |
| 62,255,677 |
| 72,045,832 | ||||
Total revenue from contracts | $ | 82,426,199 | $ | 81,055,175 | $ | 188,395,487 | $ | 351,876,861 | ||||
|
| |
| |
| | ||||||
Earned over time | $ | 9,541,650 | $ | 71,265,020 | $ | 133,898,665 | $ | 214,705,335 | ||||
Earned at point in time |
| 72,884,549 |
| 9,790,155 |
| 54,496,822 |
| 137,171,526 | ||||
Total revenue from contracts | $ | 82,426,199 | $ | 81,055,175 | $ | 188,395,487 | $ | 351,876,861 | ||||
The Company’s disaggregated revenue does vary slightly from the Company’s segment reporting due to combining the Industrial and Building Construction into Electrical, Mechanical, & and General, and one legal entity in the Underground Infrastructure
Construction segment that performs services other than underground construction that are included in Electrical, Mechanical, & General. The volume of these services is not material to the Company’s segment reporting.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 15, 2025 | Showing above |
| 2024 | Dec 19, 2024 | |
| 2023 | Jan 16, 2024 | |
| 2022 | Dec 22, 2022 | |
| 2021 | Dec 29, 2021 | |
| 2020 | Jan 5, 2021 | |
| 2019 | Dec 20, 2019 | |
About Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.