Revenue
$84.30M
Fiscal year ended 2025-09-30Operating income
$20.07M
Fiscal year ended 2025-09-30Free cash flow
$6.79M
Fiscal year ended 2025-09-30INNOVATIVE SOLUTIONS & SUPPORT INC (IA) reported revenue of $84.30M and net income of $15.63M for the fiscal year ended 2025-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from INNOVATIVE SOLUTIONS & SUPPORT INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Computer Programming Services.
Income
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $84.30M | $47.20M | $34.81M | $27.74M | $23.04M | $21.60M | $17.57M | $13.85M | $16.79M | $27.97M |
| Cost of revenue | $43.79M | $21.28M | $13.50M | $11.07M | $10.26M | $9.79M | $7.68M | $7.31M | $8.67M | $11.48M |
| Gross profit | $40.51M | $25.91M | $21.31M | $16.67M | $12.78M | $11.80M | $9.90M | $6.54M | $8.12M | $16.49M |
| Operating income | $20.07M | $9.66M | $7.36M | $7.22M | $3.90M | $2.75M | $1.53M | -$3.71M | -$77.56K | $2.44M |
| Net income | $15.63M | $7.00M | $6.03M | $5.52M | $5.06M | $3.27M | Unavailable | Unavailable | Unavailable | Unavailable |
| Research & development | $3.99M | $4.14M | $3.13M | $2.71M | $2.62M | $2.96M | $2.49M | $3.58M | $4.46M | $4.87M |
| Weighted-average diluted shares | shares 17.83M | shares 17.48M | shares 17.42M | shares 17.26M | shares 17.23M | shares 17.11M | shares 16.94M | shares 16.81M | shares 16.86M | shares 17.04M |
| Pretax income | $19.95M | $8.85M | $7.64M | $7.34M | $3.98M | $2.96M | $1.85M | -$3.59M | $4.82M | $2.56M |
| Income tax expense | $4.32M | $1.85M | $1.61M | $1.82M | -$1.09M | -$1.09M | $1.80K | $63.65K | $247.92K | $568.33K |
| Diluted EPS | $0.88 | $0.40 | $0.35 | $0.32 | $0.29 | $0.19 | $0.11 | $-0.22 | $0.27 | $0.12 |
| Selling, general & administrative | $16.45M | $12.11M | $10.82M | $6.75M | $6.26M | $6.10M | $5.88M | $6.67M | $3.74M | $9.17M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.69M | $538.98K | $3.10M | $17.25M | $8.27M | $12.60M | $22.42M | $20.39M | $24.68M | $18.77M |
| Total assets | $103.36M | $82.38M | $62.96M | $34.71M | $27.09M | $41.55M | $38.56M | $37.63M | $41.04M | $36.49M |
| Current assets | $50.73M | $34.69M | $34.67M | $28.20M | $17.69M | $33.12M | $29.96M | $28.66M | $34.18M | $29.37M |
| Total liabilities | $38.76M | $35.74M | $24.32M | $3.96M | $2.50M | $13.78M | $2.35M | $3.48M | $3.43M | $3.64M |
| Current liabilities | $16.66M | $7.27M | $6.40M | $3.94M | $2.47M | $13.65M | $2.22M | $3.35M | $3.36M | $3.57M |
| Total equity incl. NCI | $64.60M | $46.64M | $38.64M | $30.75M | $24.59M | $27.77M | $36.21M | $34.15M | $37.61M | $32.85M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $25.80M | $12.73M | $6.14M | $5.35M | $4.55M | $4.29M | $4.47M | $4.28M | $4.18M | $3.65M |
| Accounts receivable | $12.96M | $12.61M | $9.74M | $4.30M | $4.05M | $4.37M | $2.35M | $3.45M | $2.75M | $4.51M |
| Goodwill | $6.70M | $5.21M | $3.56M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $21.70M | $28.03M | $17.50M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | $3.58M | $2.32M | $1.34M | $708.84K | $623.62K | $790.89K | $1.08M | $1.53M | $1.32M | $1.50M |
Cash flow
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $13.30M | $5.80M | $2.10M | $6.09M | $4.59M | $4.59M | $2.11M | -$1.74M | $6.07M | $3.56M |
| Capital expenditures | $6.51M | $657.79K | $298.37K | $161.23K | $340.68K | $340.68K | $81.28K | $2.55M | $153.04K | $352.76K |
| Investing cash flow | -$6.51M | -$16.88M | -$36.16M | $2.59M | -$340.68K | -$340.68K | -$81.28K | -$2.55M | -$153.04K | -$351.65K |
| Financing cash flow | -$4.64M | $8.53M | $19.91M | $301.15K | -$19.77M | -$19.77M | Unavailable | Unavailable | Unavailable | -$724.78K |
| Net change in cash | $2.15M | -$2.56M | -$14.15M | $8.98M | -$15.52M | -$15.52M | $2.03M | -$4.29M | $5.91M | $2.49M |
| Stock-based compensation | $2.34M | $1.00M | $1.45M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | $19.79M | $19.79M | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $724.78K |
| Depreciation & amortization | $3.73M | $2.10M | $697.94K | $368.50K | $416.63K | $432.18K | $451.28K | $436.21K | $449.19K | $493.36K |
Derived
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $6.79M | $5.14M | $1.80M | $5.93M | $4.25M | $4.25M | $2.03M | -$4.29M | $5.91M | $3.21M |
| Gross margin | 48.1% | 54.9% | 61.2% | 60.1% | 55.5% | 54.7% | 56.3% | 47.2% | 48.4% | 58.9% |
| Operating margin | 23.8% | 20.5% | 21.1% | 26.0% | 16.9% | 12.7% | 8.7% | -26.8% | -0.5% | 8.7% |
| FCF margin | 8.1% | 10.9% | 5.2% | 21.4% | Unavailable | Unavailable | 11.5% | -31.0% | 35.2% | 11.5% |
| SBC / revenue | 2.8% | 2.1% | 4.2% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 3.04x | 4.77x | 5.42x | 7.16x | 7.16x | 2.43x | Unavailable | 8.56x | 10.17x | 8.22x |
| Revenue YoY growth | 78.6% | 35.6% | 25.5% | 20.4% | 6.7% | 22.9% | 26.9% | -17.5% | -40.0% | Unavailable |
| Net margin | 18.5% | 14.8% | 17.3% | 19.9% | 22.0% | 15.1% | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | 4.7% | 8.8% | 9.0% | 9.8% | 11.4% | 13.7% | 14.2% | 25.8% | 26.5% | 17.4% |
| CapEx / revenue | 7.7% | 1.4% | 0.9% | 0.6% | Unavailable | Unavailable | 0.5% | 18.4% | 0.9% | 1.3% |
| Long-term debt / equity | 0.34x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 21.7% | 20.9% | 21.1% | 24.8% | -27.4% | Unavailable | 0.1% | Unavailable | 5.1% | 22.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IA in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-Q · Filed 2026-02-13View SEC filing
10-K · Filed 2025-12-23View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-15View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.