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Innovative Solutions & Support

ISSC

Innovative Aerosystems is a vertically integrated provider of advanced flight solutions and avionics equipment for the commercial air transport, general aviation, and military markets.

Market cap
$330.66M+38.9%
Revenue$90.6M+39.2%
Net income$17.0M+57.8%
Free cash flow$13.2M+406%
EPS (diluted)$0.95+55.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (in a month)
Revenue estimate$24.3M
EPS estimate$0.24

Financials

Q2 2026

Income statement

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Revenue$22.4M+2.0%
Gross profit$11.4M+1.5%
Operating income$4.9M-29.2%
Net income$3.4M-35.6%
EPS (diluted)$0.19-36.7%

Balance sheet

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Cash & equivalents$6.8M+452%
Total debt$54.9M+100%
Total equity$72.1M+34.8%
Total assets$138.3M+53.8%

Cash flow

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Operating cash flow$2.3M+77.9%
CapEx$1.6M+4.4%
Free cash flow$666.8K

Valuation & ratios

Valuation

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Market cap$330.66M+38.9%
Enterprise value$378.81M+42.1%
P/E19.4×-1.5×
P/S3.7×+0.5×

Profitability

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Gross margin50.7%+0.5pp
Operating margin25.4%+2.7pp
Net margin18.8%+2.2pp
FCF margin14.6%+10.6pp

Returns & leverage

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Return on equity27.1%+4.4pp
Debt / equity0.8×+0.2×
Current ratio3.2×-1.6×

Competitors

Profile

Innovative Aerosystems is a vertically integrated provider of advanced flight solutions and avionics equipment for the commercial air transport, general aviation, and military markets. The company specializes in systems integration, combining mechanical, electrical, and software components into high-performance flight decks and navigation systems. Its core value proposition focuses on reducing costs and optimizing fleet utilization through both original equipment manufacturing and the retrofitting of aging aircraft with modern technology.

Competitive position

A specialized systems integrator with a significant patent portfolio and a leading position in the aircraft retrofit market for aging fleets.

GeographiesUnited States, Canada, Global
Customer segmentsCommercial Aviation, Military and Defense, Business and General Aviation, Government Agencies
Business modelManufacturing, Systems Integration, Aftermarket Services, Licensing
SuppliersElectronic component suppliers, Raw material providers, Software developers, Third-party technology licensors
CustomersMajor aircraft OEMs, Global cargo logistics companies, Commercial passenger airlines, Military defense agencies
Listed2000
Employees98.0
CEOShahram Askarpour
FilingsSEC EDGAR

Questions, answered.

What is Innovative Solutions & Support's market cap?
Innovative Solutions & Support (ISSC) has a market capitalization of $330.7M and trades on NASDAQ.
What is Innovative Solutions & Support's revenue and profitability?
Innovative Solutions & Support generated $90.6M in trailing twelve-month revenue with net income of $17.0M, representing a net margin of 18.8%. Gross margin stands at 50.7%, with free cash flow of $13.2M. These figures are based on the Q1 2026 filing.
Who are Innovative Solutions & Support's competitors?
Innovative Solutions & Support's key competitors include Honeywell Aerospace, Garmin Ltd., Collins Aerospace, and others. These companies compete in similar markets and product categories.
Who does Innovative Solutions & Support partner with?
Innovative Solutions & Support's notable partners include Honeywell.
What subsidiaries does Innovative Solutions & Support have?
Innovative Solutions & Support's subsidiaries include Innovative Aerosystems.
Where is Innovative Solutions & Support headquartered?
Innovative Solutions & Support is headquartered in United States of America and employs approximately 98 people. It has been publicly traded since 2000.