Innovative Solutions & Support Inc
IA Nasdaq· Services-Computer Programming Services
Last close · Oct 26, 2026
$19.92
KIRA · Stoqly’s AI analyst, in plain words
- Innovative Solutions & Support Inc had $84.3M of revenue in fiscal 2025, up 78.6% on the year before. Over five years, revenue changed +31.3% a year on average.
- Its operating margin was 23.8%, up 3.3 pts: of every 100 in sales, about 24 is left after running the business.
- Innovative Solutions & Support Inc made $15.6M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 24.8% a year.
- Free cash flow was $6.8M in fiscal 2025, 8.1% of revenue.
- Innovative Solutions & Support Inc owes $21.7M more than it holds in cash, about 0.9 years of operating profit.
Market cap
$364M
P/E
18.8x
Revenue
$84.3M
Net income
$15.6M
Free cash flow
$6.8M
Operating margin
23.8%
Innovative Solutions & Support Inc in 30 seconds · fiscal 2025
Are sales growing?
+78.6%
Yes. Sales grew 78.6% last year.
Does it make a profit?
18.5%
Yes. It keeps 18.5% of every sale as profit.
Does profit turn into cash?
8.1%
Partly. 8.1% of sales ends up as free cash.
Is debt under control?
0.9x
Yes. It could repay its debt with 0.9 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
18.8x
One share costs 18.8 times its yearly profit per share.
What Innovative Solutions & Support Inc does
No business description yet.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Dec 23, 2025
- Legal name
- INNOVATIVE SOLUTIONS & SUPPORT INC
- CIK
- 0000836690
Innovative Solutions & Support Inc · IA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $23.0M | $27.7M | $34.8M | $47.2M | $84.3M |
| Revenue growth | 6.7% | 20.4% | 25.5% | 35.6% | 78.6% |
| Gross margin | 55.5% | 60.1% | 61.2% | 54.9% | 48.1% |
| Operating margin | 16.9% | 26.0% | 21.1% | 20.5% | 23.8% |
| Net income | $5.1M | $5.5M | $6.0M | $7.0M | $15.6M |
| Net margin | 22.0% | 19.9% | 17.3% | 14.8% | 18.5% |
| Diluted EPS | $0.29 | $0.32 | $0.35 | $0.40 | $0.88 |
| Cash | |||||
| Cash from operations | $4.6M | $6.1M | $2.1M | $5.8M | $13.3M |
| Capital expenditure | $0.3M | $0.2M | $0.3M | $0.7M | $6.5M |
| Free cash flow | $4.3M | $5.9M | $1.8M | $5.1M | $6.8M |
| FCF margin | 18.5% | 21.4% | 5.2% | 10.9% | 8.1% |
| Dividends paid | $19.8M | — | — | — | — |
| Share count change | 0.7% | 0.2% | 0.9% | 0.4% | 2.0% |
| Debt and strength | |||||
| Cash and short-term investments | $8.3M | $17.3M | $3.1M | $0.5M | $2.7M |
| Debt incl. finance leases | — | — | $19.5M | $28.0M | $24.4M |
| Shareholders' equity | $24.6M | $30.8M | $38.6M | $46.6M | $64.6M |
| Net debt / EBITDA | — | — | 2.0x | 2.3x | 0.9x |
| Current ratio | 7.2x | 7.2x | 5.4x | 4.8x | 3.0x |
| Interest coverage | — | — | 18.7x | 10.3x | 11.6x |
| Returns and quality | |||||
| Return on capital | — | — | 10.6% | 10.3% | 18.2% |
| Return on equity | 19.3% | 20.0% | 17.4% | 16.4% | 28.1% |
| Return on tangible equity | 20.7% | 18.0% | 31.9% | 48.6% | 45.5% |
| Piotroski F-score | 6 | 5 | 3 | 3 | 5 |
| Altman Z'' | 14.3 | 14.1 | 5.7 | 4.8 | 6.1 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Innovative Solutions & Support Inc · IA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $19.92 a share, the company is worth $364M: 18.8 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000836690). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.