Innovative Solutions and Support, Inc.
Description
Innovative Solutions and Support, Inc., a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft. The company also provides integrated standby units, which incorporate the measurement and display of attitude, altitude, airspeed, and navigation data into a single backup navigation instrument for military, commercial air transport, and corporate/general aviation applications. In addition, it offers digital air data computers that calculate various air data parameters, such as altitude, airspeed, vertical speed, angle of attack, and other information; integrated air data computers and display units, which calculate and convey air data information; altitude displays that convey aircraft altitude measurements; airspeed displays that convey various airspeed measurements; and altitude alerters. Further, the company offers the engine and fuel displays that convey information related to fuel and oil levels, and engine activity, including oil and hydraulic pressure and temperature; integrated global navigation systems; ThrustSense, a full regime autothrottle; and utility management systems. It serves commercial air transport carriers and corporate/general aviation companies, the Department of Defense and its commercial contractors, aircraft operators, aircraft modification centers, government agencies, and foreign militaries, as well as original equipment manufacturers. Innovative Solutions and Support, Inc. was incorporated in 1988 and is based in Exton, Pennsylvania.
About
CEO
Dr. Shahram Askarpour
Employees
95
Instrument type
Common Stock
Sector
Industrials
Industry
Aerospace & Defense
MIC code
XNGS
Address
720 Pennsylvania Drive, Exton, PA 19341-1129, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Dec 18, 2025 | — | — | — | — |
| Aug 7, 2025 | — | — | — | — |
| May 12, 2025 | — | — | — | — |
| Feb 12, 2025 | — | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Current Year
(Sep 2025)
|
Next Year
(Sep 2026)
|
||
|---|---|---|---|---|
| Number of analysts | — | 1 | 1 | 1 |
| Average estimate | — | 0.14 | 0.57 | 0.65 |
| Low estimate | — | 0.14 | 0.57 | 0.65 |
| High estimate | — | 0.14 | 0.57 | 0.65 |
| Last year EPS | — | — | 0.44 | 0.57 |
[stock_revenue_estimate]
Growth estimates
Current qtr
—
Next qtr. (Mar 2025)
—
Current year (Sep 2025)
29.660%
Next year (Sep 2026)
14.040%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Total reported revenue | 47.20M | 34.81M | 27.74M | 23.04M | 21.60M |
| Cost of revenue | 21.28M | 13.50M | 11.07M | 10.26M | 9.79M |
| Gross profit | 25.91M | 21.31M | 16.67M | 12.78M | 11.80M |
| Operating expense | |||||
| Research & development | 4.14M | 3.13M | 2.71M | 2.62M | 2.96M |
| Selling general and admin | 12.11M | 10.82M | 6.75M | 6.26M | 6.10M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 9.66M | 7.36M | 7.22M | 3.90M | 2.75M |
| Non operating interest income | |||||
| Income | 127,332 | 518,188 | 61,051 | 1,234 | 154,950 |
| Expense | 937,309 | 393,281 | — | — | — |
| Other income expense | — | 151,317 | 65,232 | 74,906 | 60,497 |
| Pretax income | 8.85M | 7.64M | 7.34M | 3.98M | 2.96M |
| Tax provision | 1.85M | 1.61M | 1.82M | -1.09M | -308,882 |
| Net income | 7.00M | 6.03M | 5.52M | 5.06M | 3.27M |
| Basic EPS | — | 0.35 | 0.32 | 0.29 | 0.19 |
| Diluted EPS | — | 0.35 | 0.32 | 0.29 | 0.19 |
| Basic average shares | — | 17.41M | 17.26M | 17.23M | 16.94M |
| Diluted average shares | — | 17.41M | 17.26M | 17.23M | 16.94M |
| EBITDA | 11.89M | 8.73M | 7.71M | 4.33M | 3.18M |
| Net income from continuing op. | 7.00M | 6.03M | 5.52M | 5.06M | 3.27M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Total assets | 82.38M | 62.96M | 34.71M | 27.09M | 41.55M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 538,977 | 3.10M | 17.25M | 8.27M | 12.60M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 12.61M | 9.74M | 4.30M | 4.05M | 4.37M |
| Other receivables | 1.68M | 487,139 | 162,742 | — | — |
| Inventory | 12.73M | 6.14M | 5.35M | 4.55M | 4.29M |
| Prepaid assets | 6.01M | 12.69M | 777,311 | 318,138 | 336,331 |
| Restricted cash | — | — | — | — | 11.18M |
| Assets held for sale | — | 2.06M | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 1.11M | 449,826 | 365,159 | 514,938 | 338,778 |
| Non current assets | |||||
| Properties | 15.16M | 9.57M | 5.65M | 5.59M | 5.77M |
| Land and improvements | 1.02M | 1.02M | 1.02M | 1.02M | 1.02M |
| Machinery furniture equipment | 3.40M | 3.31M | 11.58M | 14.77M | 14.67M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -12.41M | -11.92M | -11.93M | -13.19M | -13.24M |
| Goodwill | 37.44M | 23.30M | 60,348 | 62,474 | 112,851 |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 27.01M | 16.19M | 60,348 | 62,474 | 112,851 |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 2.10M | 633,049 | 121,787 | 1.15M | 91,566 |
| Total liabilities | 35.74M | 24.32M | 3.96M | 2.50M | 13.78M |
| Current liabilities | |||||
| Accounts payable | 2.32M | 1.34M | 708,845 | 623,620 | 790,892 |
| Accrued expenses | 1.73M | 1.72M | 1.93M | 1.03M | 833,037 |
| Short term debt | 2,100 | 2.01M | 13,615 | 14,296 | 45,126 |
| Deferred revenue | 340,481 | 143,359 | 259,183 | 417,504 | 313,365 |
| Tax payable | 2.88M | 1.18M | 1.03M | 385,287 | 483,797 |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 28.03M | 17.50M | 15,065 | 28,680 | — |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | 129,689 |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 451,350 | 421,508 | 15,065 | 28,680 | — |
| Shareholders equity | |||||
| Common stock | 19,599 | 19,543 | 19,413 | 19,343 | 19,311 |
| Retained earnings | 12.67M | 5.67M | -359,042 | -5.88M | -2.34M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 46.64M | 38.64M | 30.75M | 24.59M | 27.77M |
| Additional paid in capital | 55.32M | 54.32M | 52.46M | 51.82M | 51.46M |
| Treasury stock | 21.37M | 21.37M | 21.37M | 21.37M | 21.37M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | 7.00M | 6.03M | 5.52M | 5.06M | 3.27M | 1.85M | -3.65M | 4.57M | 1.99M | -5.87M | 200,268 | 1.89M | 2.98M | 716,590 | 748,376 | 5.01M | 1.51M | -8.85M | -2.88M | 18.58M | 11.93M | 5.54M | 5.41M | 7.53M | 6.75M | 4.18M |
| Depreciation | 2.10M | 697,943 | 368,499 | 432,176 | 433,510 | 451,278 | 436,208 | 449,189 | 493,361 | 570,314 | 576,478 | 545,620 | 529,325 | 672,196 | 826,748 | 1.09M | 1.05M | 946,215 | 858,641 | 797,990 | 729,993 | 714,210 | 860,943 | 554,943 | 391,257 | 264,785 |
| Deferred Taxes | -1.14M | 9,503 | 1.02M | -1.19M | 38 | 57 | 61,852 | 41 | 486,117 | 2.69M | -901,144 | -248,725 | -2.44M | 7,564 | -11,081 | -89,357 | 1.23M | -635,096 | -272,756 | 252,151 | 83,680 | 99,599 | 164,859 | 58,943 | -440,816 | 1.79M |
| Stock-Based Compensation | 1.00M | 1.45M | 339,942 | 341,330 | 177,343 | 173,492 | 199,995 | 191,749 | 251,394 | 466,321 | 810,191 | 912,403 | 644,505 | 370,298 | 369,511 | 691,110 | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | — | 44,308 | — | -100,446 | 66,511 | 98,728 | — | 92,829 | — | 225,742 | 196,205 | 48,450 | 113,456 | 471,496 | 118,660 | 692,504 | 9.52M | 730,120 | 1.07M | — | — | — | — | — | — | — |
| Accounts Receivable | -4.06M | -5.77M | -413,862 | 322,774 | -1.94M | 1.02M | 779,526 | 1.88M | 205,596 | 4.29M | -4.50M | -5.45M | -2.06M | -575,574 | 3.66M | -2.16M | -2.05M | -2.92M | 2.15M | -476,836 | 1.95M | -1.65M | 3.03M | 39,178 | -5.06M | 161,562 |
| Accounts Payable | 978,203 | 628,430 | 85,224 | -167,272 | -288,181 | -450,719 | 208,541 | -182,520 | 67,790 | -966,671 | 30,515 | 1.23M | 695,948 | -100,362 | -664,113 | -1.14M | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -2.44M | -1.05M | -867,180 | -49,472 | 300,713 | -616,884 | -24,007 | -558,853 | 374,328 | 802,854 | -1.10M | -1.72M | 787,514 | 621,073 | 591,566 | 3.33M | -744,382 | -1.54M | -2.63M | -446,888 | -391,674 | 1.08M | 2.65M | -2.54M | -123,320 | 719,602 |
| Operating Cash Flow | 3.44M | 2.04M | 6.05M | 4.65M | 2.02M | 2.53M | -1.99M | 6.44M | 3.87M | 2.21M | -4.69M | -2.80M | 1.25M | 2.18M | 5.64M | 7.42M | 10.52M | -12.26M | -1.71M | 18.71M | 14.31M | 5.78M | 12.12M | 5.65M | 1.52M | 7.11M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | 1.57M | -298,373 | 2.59M | -340,678 | -118,797 | -81,281 | -2.55M | -153,038 | -351,654 | -118,964 | -718,922 | -586,801 | -217,533 | -255,454 | -189,790 | -331,895 | -570,357 | -1.28M | -456,528 | -528,064 | -791,393 | -156,260 | -2.95M | -4.52M | -3.77M | -592,189 |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -14.20M | -35.86M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -16.88M | -36.16M | 2.59M | -340,678 | -118,797 | -81,281 | -2.55M | -153,038 | -351,654 | -118,964 | -718,922 | -586,801 | -217,533 | -255,454 | -189,790 | -331,895 | -570,357 | -3.89M | -696,528 | -528,064 | -791,393 | -156,260 | -2.63M | -692,427 | -7.91M | -592,189 |
| Financing Activities | ||||||||||||||||||||||||||
| Long-Term Debt Issuance | 52.35M | 20.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -43.83M | -500,000 | — | — | -1.20M | — | — | — | — | — | — | — | -13,189 | -12,278 | -11,431 | -10,642 | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | — | — | — | — | -880,476 | — | — | — | — | — | — | — | — | — | 36 | -4.34M | 11,424 | 154,873 | 44,504 | — | — | — | — | — | — | — |
| Financing Cash Flow | 8.53M | 19.50M | — | -19.79M | -880,476 | — | — | — | -724,777 | -254,170 | — | -25.01M | -811,651 | -311,204 | -60,025 | -4.45M | -17.74M | 647,594 | -17.85M | 1.85M | 1.79M | -9.34M | -1.23M | 1.24M | 35.14M | — |
| Other Cash Details | ||||||||||||||||||||||||||
| End Cash Position | 538,977 | 3.10M | 17.25M | 8.27M | 23.78M | 22.42M | 20.39M | 24.68M | 18.77M | 16.28M | 15.21M | 16.39M | 42.98M | 42.63M | 40.92M | 35.57M | 44.44M | 49.15M | 62.98M | 83.17M | 65.87M | 48.79M | 52.25M | 42.77M | 38.66M | 4.64M |
| Income Tax Paid | 1.91M | 1.86M | 531,481 | 1,089 | 2,456 | 456 | 8,456 | 400,000 | 175,000 | — | 770,000 | 250,000 | 153,327 | 11,500 | 121,473 | 804,486 | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 847,085 | 260,889 | — | — | — | — | — | — | — | — | — | — | 599 | 1,509 | 2,357 | 48,303 | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 5.14M | 1.80M | 5.93M | 4.25M | 2.07M | 2.03M | -4.29M | 5.91M | 3.21M | 1.21M | -1.43M | -2.76M | 1.16M | 2.02M | 5.41M | 4.99M | 13.03M | -11.85M | -2.09M | 15.47M | 15.30M | 5.91M | 10.40M | -939,681 | -1.29M | 5.37M |
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