INNOVATIVE SOLUTIONS & SUPPORT INC (IA)
Innovative Solutions & Support, Inc. engages in the manufacture of flight navigation systems. It designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. It supplies integrated flight management systems, flat panel display systems, integrated standby units, and global positioning system receivers. The company was founded by Geoffrey S. M. Hedrick on February 12, 1988 and is headquartered in Exton, PA.
Sector: Services-Computer Programming Services
Industry: Aerospace & Defense
Innovative Aerosystems, Inc.
NASDAQ:IAIndustrials · Aerospace & Defense
+1.32%$19.92
AH Close$19.92+0.00%vs close
AH Close$19.92+0.00%vs close
Mkt Cap$356.55M
Float16.98M
O/S17.9M
Inst Own58.2%
SI5.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$84.3M
Net Income$15.63M
Total Assets$103.36M
Free Cash Flow$6.79M
Debt & Equity
Debt 27%
Equity 73%
Total Debt$24.14M
Total Equity$64.6M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IA's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$103.36M
Liabilities$38.76M
Accounts Receivable$18.28M
Accounts Payable$3.58M
Inventory$25.8M
PP&E (Net)$19.37M
Goodwill$6.7M
Intangible Assets$23.58M
Income Statement
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-09-30 |
| Revenue | $84.3M |
| YoY Growth | - |
| Cost of Revenue | $43.79M |
| Gross Profit | $40.51M |
| Gross Margin | 48.1% |
| Research and Development | $3.99M |
| Selling, General, and Administrative | $16.45M |
| Other | $0 |
| Total Operating Expenses | $20.44M |
| Operating Income (EBIT) | $20.07M |
| Operating Margin | 23.8% |
| Interest Expense | $1.73M |
| Interest Income | $19K |
| Other Income (Expense) | -$121K |
| Income Before Tax (EBT) | $19.95M |
| Income Tax Expense | $4.32M |
| Net Income | $15.63M |
| Net Income Margin | 18.5% |
| Supplementary Data | |
| EPS | 0.89 |
| Diluted EPS | 0.88 |
| Weighted Average OS | 17.57M |
| EBITDA | $25.41M |
| EBITDA Margin | 30.1% |
Balance Sheet
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-09-30 |
| Assets | |
| Current Assets | |
| Cash and Cash Equivalents | $2.69M |
| Short-Term Investments | $0 |
| Cash and Short-Term Investments | $2.69M |
| Accounts Receivable | $18.28M |
| Inventory | $25.8M |
| Other Current Assets | $135K |
| Total Current Assets | $50.73M |
| Long-Term Assets | |
| Property, Plant & Equipment Net | $19.37M |
| Goodwill | $6.7M |
| Intangible Assets | $23.58M |
| Long-Term Investments | $0 |
| Deferred Tax Assets | $2.82M |
| Other Long-Term Assets | $158K |
| Total Long-Term Assets | $52.63M |
| Other Assets | $0 |
| Total Assets | $103.36M |
| Liabilities | |
| Current Liabilities | |
| Accounts Payable | $3.58M |
| Short-Term Debt | $2.44M |
| Current Income Tax Payable | $3.28M |
| Current Unearned Revenue | $2.48M |
| Other Current Liabilities | $0 |
| Total Current Liabilities | $16.66M |
| Long-Term Liabilities | |
| Long-Term Debt | $21.7M |
| Long-Term Unearned Revenue | $0 |
| Long-Term Deferred Tax Liabilities | $0 |
| Other Long-Term Liabilities | $396K |
| Total Long-Term Liabilities | $22.1M |
| Other Liabilities | $0 |
| Total Liabilities | $38.76M |
| Stockholders' Equity | |
| Preferred Stock | $0 |
| Common Stock | $18K |
| Retained Earnings | $28.29M |
| Comprehensive Income & Other | $0 |
| Other Stockholders' Equity | $36.29M |
| Total Equity | $64.6M |
| Minority Interest | $0 |
| Total Liabilities and Equity | $103.36M |
| Supplementary Data | |
| Total Debt | $24.14M |
| Net Debt | $21.45M |
Cash Flow Statement
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-09-30 |
| Operating Activities | |
| Net Income | $15.63M |
| Depreciation & Amortization | $3.73M |
| Deferred Income Tax | -$1.25M |
| Stock-Based Compensation | $2.34M |
| Changes in Working Capital: | |
| Accounts Receivable | -$3.98M |
| Inventory | -$9.67M |
| Accounts Payable | $1.26M |
| Other Working Capital | $5.21M |
| Total Working Capital Change | -$7.18M |
| Other Non-Cash Items | $40K |
| Net Cash from Operating | $13.3M |
| Investing Activities | |
| Capital Expenditures | -$6.51M |
| Acquisitions | $0 |
| Purchases of Investments | $0 |
| Sales of Investments | $0 |
| Other Investing Activities | $0 |
| Net Cash from Investing | -$6.51M |
| Financing Activities | |
| Debt Repaid | $3.65M |
| Common Stock Issuance | $0 |
| Common Stock Repurchases | $0 |
| Dividends Paid | $0 |
| Other Financing Activities | -$985K |
| Net Cash from Financing | -$4.64M |
| Forex Effect | $0 |
| Net Change in Cash | $2.15M |
| Supplementary Data | |
| Operating Cash Flow | $13.3M |
| Capital Expenditure | -$6.51M |
| Free Cash Flow | $6.79M |
| Cash at Beginning | $539K |
| Cash at End | $2.69M |