INNOVATIVE SOLUTIONS & SUPPORT INC (IA)
As-reported financials and SEC filings for INNOVATIVE SOLUTIONS & SUPPORT INC. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About INNOVATIVE SOLUTIONS & SUPPORT INC
Innovative Solutions & Support Inc provides engineering, development, and customer service solutions. The company offers products and services related to aerospace and defense sectors, serving clients such as government agencies and commercial customers.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Innovative Solutions & Support
- Revenue grew 78.6% to $84M in FY2025, faster than the 35.6% the year before.
- Operating margin is 23.8% in FY2025, +6.9 pp against 16.9% in FY2021.
- Most recent quarter Q3 FY2026: revenue $27M, up 10.7% from Q3 FY2025.
- Free cash flow was $7M in FY2025, 8.1% of revenue.
- Net income rose 123.3% to $16M in FY2025.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Innovative Solutions & Support’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Innovative Solutions & Support’s revenue growth of +78.6% ranks in the 94th percentile of the 616 Technology companies reporting it. Innovative Solutions & Support’s operating margin of 23.8% ranks in the 88th percentile of the 563 Technology companies reporting it.
No reported insider transactions (codes P/S) in the last 90 days. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $84.3M | $47.2M | $34.8M | $27.7M | $23.0M |
| Gross profit | $40.5M | $25.9M | $21.3M | $16.7M | $12.8M |
| Operating income | $20.1M | $9.7M | $7.4M | $7.2M | $3.9M |
| Net income | $15.6M | $7.0M | $6.0M | $5.5M | $5.1M |
| Diluted EPS | $0.88 | $0.40 | $0.35 | $0.32 | $0.29 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $2.7M | $538,977 | $3.1M | $17.3M | $8.3M |
| Current assets | $50.7M | $34.7M | $34.7M | $28.2M | $17.7M |
| Total assets | $103.4M | $82.4M | $63.0M | $34.7M | $27.1M |
| Current liabilities | $16.7M | $7.3M | $6.4M | $3.9M | $2.5M |
| Long-term debt | $21.7M | $28.0M | $17.5M | — | — |
| Total liabilities | $38.8M | $35.7M | $24.3M | $4.0M | $2.5M |
| Total equity | $64.6M | $46.6M | $38.6M | $30.7M | $24.6M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $13.3M | $5.8M | $2.1M | $6.1M | $4.6M |
| Capital expenditure | $6.5M | $657,790 | $298,373 | $161,230 | $340,678 |
| Free cash flow | $6.8M | $5.1M | $1.8M | $5.9M | $4.3M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q3 FY2026 | $26.7M | 10.7% | $4.5M | $0.25 |
| Q2 FY2026 | $22.4M | 2.0% | $3.4M | $0.19 |
| Q1 FY2026 | $21.8M | 36.6% | $4.1M | $0.22 |
| Q4 FY2025 | $22.2M | 44.6% | $7.1M | $0.39 |
| Q3 FY2025 | $24.1M | 105.2% | $2.4M | $0.14 |
| Q2 FY2025 | $21.9M | 104.3% | $5.3M | $0.30 |
| Q1 FY2025 | $16.0M | 71.6% | $736,192 | $0.04 |
| Q4 FY2024 | $15.4M | 18.4% | $3.2M | $0.18 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest Technology peers
Monitor IA
Get an alert when Innovative Solutions & Support files something material, see which superinvestors own it, and ask its filings a question with cited answers.
Monitor IA freeIncludes one free filing-grounded research answer. Or check your whole portfolio, no account needed.
Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.