NASDAQ:IA
Innovative Solutions & Support Inc.
Innovative Solutions & Support Inc.'s revenue grew 78.6% in fiscal 2025 to $84.3M while operating margin rose to 23.8%. Free cash flow was $6.8M, 8.1% of revenue, and the diluted share count rose 2.0%.Summary generated from Innovative Solutions & Support Inc.'s SEC filings. Latest annual report filed Dec 23, 2025.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$84.3M
Revenue growth+78.6%
Revenue, 5-yr CAGR+31.3%
Gross margin48.1%
Operating margin23.8%
Net margin18.5%
ROIC19.6%
Return on equity28.1%
Debt / equity0.38
Free cash flow$6.8M
FCF margin8.1%
Share count change+2.0%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 23 | 28 | 35 | 47 | 84 |
| Operating income | 4 | 7 | 7 | 10 | 20 |
| Net income | 5 | 6 | 6 | 7 | 16 |
| Free cash flow | 4 | 6 | 2 | 5 | 7 |
Recent filings
- 8-K/AAmended completion of an acquisition or disposition
Oct 7, 2026 - 4Insider transaction report
Oct 2, 2026 - 8-K/AAmended results of a shareholder vote
Sep 4, 2026 - 4Insider transaction report
Sep 2, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 13, 2026 - 8-KResults of operations and financial condition
Aug 13, 2026 - 8-KEntry into a material agreement
Jul 21, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 15, 2026