INNOVATIVE SOLUTIONS & SUPPORT INC
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $84.3M | $47.2M | $34.8M | $27.7M | $23.0M |
| Cost of revenue | $43.8M | $21.3M | $13.5M | $11.1M | $10.3M |
| Gross profit | $40.5M | $25.9M | $21.3M | $16.7M | $12.8M |
| Selling, general & administrative | $16.4M | $12.1M | $10.8M | $6.8M | $6.3M |
| Research and development | $4.0M | $4.1M | $3.1M | $2.7M | $2.6M |
| Operating expenses | $20.4M | $16.3M | $14.0M | $9.5M | $8.9M |
| Operating income | $20.1M | $9.7M | $7.4M | $7.2M | $3.9M |
| Interest expense | $1.7M | $937,309 | $393,281 | — | — |
| Pretax income | $20.0M | $8.9M | $7.6M | $7.3M | $4.0M |
| Income tax expense | $4.3M | $1.9M | $1.6M | $1.8M | -$1.1M |
| Net income | $15.6M | $7.0M | $6.0M | $5.5M | $5.1M |
| Balance Sheet | |||||
| 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 |
| Total liabilities | $38.8M | $35.7M | $24.3M | $4.0M | $2.5M |
| Total debt | $24.4M | $28.0M | — | — | — |
| Stockholders' equity | $64.6M | $46.6M | $38.6M | $30.7M | $24.6M |
| Cash Flow Statement | |||||
| Cash from operations | $13.3M | $5.8M | $2.1M | $6.1M | $4.6M |
| Depreciation and amortization | $3.7M | $2.1M | $697,943 | $368,499 | $432,176 |
| Stock-based compensation | $2.3M | $1.0M | $1.5M | $345,000 | $341,000 |
| 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 |
| Dividends paid | — | — | — | — | $19.8M |
| Impairments | — | — | $44,400 | — | $0 |
Shares outstanding 17.9M · Free float 71.2%
Annual filing data through FY ended September 30, 2025; float as of July 11, 2026.