Innovative Solutions and Support, Inc. (ISSC)

From the record

Innovative Solutions and Support, Inc.'s filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2024-02-02); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-12-27) (its current reports).

From the record

Innovative Solutions and Support, Inc.'s 9 filed years say what it did: revenue went from $17 million in fiscal 2017 to $84 million in fiscal 2025, up 22.4% a year; it rose in 7 of 8 years; the deepest fall was 17% from fiscal 2017 to fiscal 2018; net income was positive in 8 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-09-30, Innovative Solutions and Support, Inc.'s diluted share count grew about 1.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-23 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-09-30, Innovative Solutions and Support, Inc. earned about 24 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 39 cents per dollar of everything the company owns. Leverage: it owed about 37 cents per dollar of assets, and net share issuance: its share count grew 2.0% over the year (the filed statements).

From the record

Innovative Solutions and Support, Inc.'s standing among 33 graded names in its industry family: revenue of $84 million in fiscal 2025 ranks in the top 48% by size; a net margin of 18.5% ranks in the top 14%; revenue growth of 44.8% a year over the last 3 filed years ranks in the top 17% (its annual reports).

From the record

Innovative Solutions and Support, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Askarpour, Shahram (Chief Executive Officer, as filed), filing under that title since 2023-01-13, 3.8 years (top 35% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 3.5 years (bottom 17%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 21%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Innovative Solutions and Support, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against debt of $22 million leaves -18.4% of its assets as net cash, bottom 8% of its family; cash from operations less capital spending is 8.1% of revenue (top 42%); a gross margin of 48.1% (top 29%); research spending of 4.7% of revenue (bottom 28%) (its annual report).

From the record

Innovative Solutions and Support, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 44.8% a year over the last three filed years against 22.4% over all 9, speeding up (top 5% of its family); the newest year grew 78.7% (top 11%); research spending grew 13.8% a year (top 22%); capital spending grew 243% a year (top 13%) (its annual reports). Innovative Solutions and Support, Inc. reported 2 product lines in fiscal 2025: Product at $54 million (64%), Service at $30 million (36%); 2 of 2 grew against the year before (its annual report).

From the record

Innovative Solutions and Support, Inc.'s newest year against its own record: revenue of $84 million in fiscal 2025 came in 37% above the $62 million its prior three years' pace pointed to (top 16% of its family); net income of $16 million against a prior three-year average of $6 million (top 9%); a net margin of 18.5% against 17.4% before (top 29%) (its annual reports).