Innovative Solutions and Support, Inc. (ISSC)

Nasdaq: ISSC · Services-Computer Programming Services · Exton, PA · filing with the SEC since 2000

Grade6.5

◀ Past 4.8● Present 6.5▶ Future 7.5

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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in September.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016
Report filed	Dec 23, 2025	Dec 30, 2024	Jan 12, 2024	Dec 16, 2022	Dec 22, 2021	Dec 22, 2020	Dec 23, 2019	Dec 21, 2018	Dec 15, 2017	·
Revenue	84,296,889	47,198,020	34,808,513	27,740,695	23,044,796	21,595,199	17,572,589	13,850,372	16,786,674	27,969,703
Cost of revenue	43,785,008	21,284,429	13,497,442	11,066,314	10,263,166	9,793,224	7,676,119	7,311,923	8,668,348	11,482,323
Gross profit	40,511,881	25,913,591	21,311,071	16,674,381	12,781,630	11,801,975	9,896,470	6,538,449	8,118,326	16,487,380
Research and development	3,992,086	4,137,985	3,129,518	2,705,140	2,622,919	2,955,976	2,489,806	3,575,801	4,456,657	4,873,328
Selling, general and administrative	16,447,805	12,114,069	10,822,505	6,753,915	6,257,732	6,100,545	5,877,920	6,674,187	3,739,234	9,170,865
Total operating expenses	20,439,891	16,252,054	13,952,023	9,459,055	8,880,651	9,056,521	8,367,726	10,249,988	8,195,891	14,044,193
Operating income	20,071,990	9,661,537	7,359,048	7,215,326	3,900,979	2,745,454	1,528,744	-3,711,539	-77,565	2,443,187
Interest expense	1,725,205	937,309	393,281	·	·	·	·	·	·	·
Interest and investment income	18,943	127,332	518,188	61,051	1,234	154,950	249,620	53,561	35,888	33,504
Other income (expense), net	1,585,735	·	151,317	65,232	74,906	60,497	73,737	67,724	4,858,224	78,440
Income before income taxes	19,951,463	8,851,560	7,635,272	7,341,609	3,977,119	2,960,901	1,852,101	-3,590,254	4,816,547	2,555,131
Income tax expense	4,323,803	1,853,180	1,607,517	1,817,831	-1,087,783	-1,087,783^r	1,805	63,651	247,920	568,330
Net income including non-controlling interests	15,627,660	6,998,380	6,027,755	5,523,778	5,064,902	5,064,902^r	1,850,296	-3,653,905	4,568,627	1,986,801
Net income	15,627,660	6,998,380	6,027,755	5,523,778	5,064,902	3,269,783	·	·	·	·
Net income to common shareholders	·	·	·	·	5,064,902	3,269,783	1,850,296	-3,653,905	4,568,627	1,986,801
Earnings per share, basic	0.89	0.40	0.35	0.32	0.29	0.19	0.11	-0.22	0.27	0.12
Earnings per share, diluted	0.88	0.40	0.35	0.32	0.29	0.19	0.11	-0.22	0.27	0.12
Weighted average shares, basic	17,572,980	17,459,823	17,411,684	17,256,750	17,225,423	16,939,302	16,867,550	16,805,991	16,742,461	16,927,055
Weighted average shares, diluted	17,829,033	17,480,247	17,419,185	17,257,871	17,226,620	17,114,191	16,942,447	16,805,991	16,855,644	17,039,296

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton ISSC · research, not advice