Earnings summaries and quarterly performance for INNOVATIVE SOLUTIONS & SUPPORT.
Executive leadership at INNOVATIVE SOLUTIONS & SUPPORT.
Board of directors at INNOVATIVE SOLUTIONS & SUPPORT.
Research analysts who have asked questions during INNOVATIVE SOLUTIONS & SUPPORT earnings calls.
BB
Bobby Brooks
Northland Capital Markets
4 questions for ISSC
Also covers: ATMU, BELFA, CECO +12 more
GS
Gowshihan Sriharan
Singular Research
4 questions for ISSC
Also covers: APOG, CNDT, FTK +6 more
Andrew Rem
Odinson Partners
3 questions for ISSC
Also covers: ICCC, VMD, ZOM
DR
Douglas Ruth
Ruth Asset Management
3 questions for ISSC
Also covers: CRWS
Danny Eggerichs
Craig-Hallum Capital Group LLC
2 questions for ISSC
Also covers: BELFA, CVCO, DDD +4 more
Greg Palm
Craig-Hallum Capital Group LLC
2 questions for ISSC
Also covers: ALNT, ATRO, BELFA +17 more
Josh Sullivan
The Benchmark Company, LLC
2 questions for ISSC
Also covers: ACHR, CRS, CSTM +9 more
DR
Doug Ruth
Atlantic Financial Services
1 question for ISSC
Also covers: CRWS
GS
Gowshi Sri
Singular Research
1 question for ISSC
Also covers: APOG, CNDT, HBB +1 more
JV
Jeff Van Sinderen
B. Riley Securities
1 question for ISSC
Also covers: BTMD, BYRN, CDRE +12 more
SG
Sergey Glinyanov
Analyst
1 question for ISSC
Also covers: GILT, ITRN, TATT +1 more
SG
Sergey Glyamenkov
Freedom Broker
1 question for ISSC
Recent press releases and 8-K filings for ISSC.
INNOVATIVE SOLUTIONS & SUPPORT INC Reports Strong Fiscal First Quarter 2026 Results
ISSC
Earnings
Revenue Acceleration/Inflection
- Innovative Solutions & Support, Inc. (ISSC) reported net sales of $21.8 million for the fiscal first quarter ended December 31, 2025, an increase of 36.5% compared to the prior year period.
- The company's net income for the quarter was $4.1 million, or $0.22 per diluted share, with Adjusted EBITDA increasing by 140.9% to $7.4 million.
- Operating cash flow grew by 343% to $8.2 million, and free cash flow increased by 346% to $7.0 million compared to the prior year period.
- As of December 31, 2025, the net debt to trailing twelve-month Adjusted EBITDA ratio was 0.5x, and total available liquidity stood at $83.3 million.
- New orders in the first quarter of fiscal 2026 were approximately $19 million, contributing to a backlog of approximately $75 million as of December 31, 2025.
Feb 12, 2026, 3:00 PM
Innovative Aerosystems Reports Strong Q1 2026 Results, Maintains Flat Full-Year Organic Revenue Outlook
ISSC
Earnings
Guidance Update
M&A
- Innovative Aerosystems reported a strong start to fiscal 2026, with Q1 revenue growing 36.5% versus the prior year period to $21.8 million, Adjusted EBITDA increasing 140.9% to $7.4 million, and net income reaching $4.1 million.
- Despite the strong Q1 performance, the company anticipates organic revenue for fiscal 2026 to be essentially flat year-over-year, with Q2 revenue projected between $20 million and $22 million.
- The company resumed full-scale production of the Digital Flight Control Computer for the F-16 program and plans recertification and resumption of the Improved Programmable Display Generator in the current quarter.
- Management noted an increasingly active acquisition pipeline and expects to pursue complementary, accretive acquisitions in the near term.
Feb 12, 2026, 3:00 PM
Innovative Aerosystems Reports Strong Q1 Fiscal 2026 Results
ISSC
Earnings
Guidance Update
M&A
- Innovative Aerosystems reported a strong Q1 fiscal year 2026, with revenue growing 36.5% to $21.8 million and Adjusted EBITDA increasing 140.9% to $7.4 million, driven by increased commercial aftermarket demand and service activity.
- The company achieved a gross margin of 54.5% and generated $7 million in free cash flow during the quarter, contributing to a backlog of $75 million as of December 31, 2025.
- Operational highlights include the resumption of full-scale production of the Digital Flight Control Computer for the F-16 program and progress on the new UMS platform, with deliveries to Pilatus expected in mid-2026.
- For fiscal year 2026, management expects organic revenue to be essentially flat year-over-year due to revenue pull-forward, with Q2 2026 revenue projected between $20 million and $22 million. The company also noted an increasingly active acquisition pipeline and expects a couple of things in the near term.
Feb 12, 2026, 3:00 PM
Innovative Aerosystems Reports Strong Q1 2026 Results, Provides FY 2026 Outlook
ISSC
Earnings
Guidance Update
M&A
- Innovative Aerosystems delivered a strong start to fiscal year 2026, with Q1 revenue growing 36.5% to $21.8 million and Adjusted EBITDA increasing 140.9% to $7.4 million.
- The company resumed full-scale production of the Digital Flight Control Computer for the F-16 program and plans recertification and resumption of production for the Improved Programmable Display Generator in the current quarter.
- Despite strong Q1 results, organic revenue for fiscal year 2026 is expected to be essentially flat year-over-year due to revenue pull-forward into fiscal 2025, with Q2 revenue projected between $20 million and $22 million.
- The acquisition pipeline is increasingly active, with expectations for near-term opportunities, and the company continues to advance its next-generation flight deck, Liberty, with its UMS, expecting deliveries to Pilatus in mid-2026.
Feb 12, 2026, 3:00 PM
Innovative Aerosystems Reports Strong First Quarter Fiscal 2026 Results
ISSC
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Innovative Aerosystems reported net sales of $21.8 million for the first quarter of fiscal 2026, an increase of 36.5% compared to the prior year period, driven by growth in aftermarket products for commercial customers and higher services revenues.
- The company achieved net income of $4.1 million, or $0.22 per diluted share, and Adjusted Net Income of $4.5 million, or $0.25 per diluted share for the quarter ended December 31, 2025.
- Adjusted EBITDA grew 140.9% to $7.4 million, reflecting a more favorable revenue mix and improved operating leverage.
- Operating cash flow increased by 343% to $8.2 million, and free cash flow rose by 346% to $7.0 million.
- The net debt to trailing twelve-month Adjusted EBITDA ratio improved to 0.5x as of December 31, 2025, down from 1.8x in the year-ago period, with $83.3 million in total available liquidity.
Feb 12, 2026, 2:00 PM
Innovative Aerosystems Reports Strong Q4 and Full Year Fiscal 2025 Results, Provides FY2026 Outlook
ISSC
Earnings
Guidance Update
New Projects/Investments
- Innovative Aerosystems (formerly Innovative Solutions and Support) reported strong financial results for Q4 2025, with revenue increasing 45% year-over-year to $22 million, net income of $7.1 million, and Adjusted EBITDA of $9.6 million, up 71%. For the full year, revenue reached $84 million, up nearly 80%, with net income of $15.6 million and Adjusted EBITDA of $25 million, up over 80%.
- The company's backlog as of September 30, 2025, was approximately $77 million, driven by new orders of approximately $27 million in Q4 2025.
- Key strategic accomplishments include rebranding to Innovative Aerosystems, successfully integrating and resuming full-scale production for the F-16 program, and making significant progress on new product developments like the UMS-2 platform and Liberty Flight Deck.
- Innovative Aerosystems secured a new five-year $100 million committed credit agreement to support its long-term growth strategy, which targets $250 million in revenue and Adjusted EBITDA margins of 25% to 30%.
- For Q1 Fiscal 2026, the company expects revenues between $18 million-$20 million, with organic revenue growth anticipated to be more modest due to a pull-forward of F-16 related revenue into FY2025. A $1.8 million one-time Employee Retention Tax Credit benefit was recognized in Q4 2025.
Dec 18, 2025, 3:00 PM
Innovative Aerosystems (ISSC) Reports Strong Q4 and Full Year 2025 Results, Sets Long-Term Targets, and Expands Credit Facility
ISSC
Earnings
Guidance Update
Debt Issuance
- Innovative Aerosystems (ISSC) reported strong Fiscal Year 2025 revenue of $84 million, an increase of nearly 80% year-over-year, with net income of $15.6 million or $0.88 per diluted share, and Adjusted EBITDA of $25 million, up over 80%. For the fourth quarter, revenue increased 45% to $22 million, with net income of $7.1 million or $0.39 per diluted share, and Adjusted EBITDA of $9.6 million, a 71% increase.
- The company established long-term targets of $250 million in revenue and Adjusted EBITDA margins between 25% and 30%, anticipating high single-digit organic revenue growth. For Q1 2026, revenues are expected to be in the range of $18-$20 million.
- Innovative Aerosystems secured a new five-year $100 million committed credit agreement with J.P. Morgan Chase, providing an additional $65 million in liquidity and an option for up to $25 million more, bringing the total potential facility to $125 million.
- Richard Silfen was appointed as an independent director, expanding the board to seven directors.
Dec 18, 2025, 3:00 PM
Innovative Aerosystems Reports Strong Q4 and Full Year Fiscal 2025 Results, Rebrands, and Outlines Strategic Growth
ISSC
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Innovative Aerosystems (formerly Innovative Solutions and Support) reported strong Fiscal 2025 results, with full-year revenue of $84 million, up nearly 80% from the previous year, and Adjusted EBITDA of $25 million, an increase of over 80%. For Q4 2025, revenue increased 45% year over year to $22 million, with net income of $7.1 million and Adjusted EBITDA of $9.6 million.
- The company rebranded to Innovative Aerosystems to better reflect its strategic focus on advanced avionics solutions. Key operational achievements include the successful integration and resumption of full-scale production for the F-16 program in their external facility , and significant progress on new products like the UMS-2 platform for autonomous flight and the Liberty Flight Deck.
- Innovative Aerosystems expanded its engineering team by more than 50% in recent years and tripled its production capacity in 2025. The company also secured a new five-year $100 million committed credit agreement, providing $65 million in additional liquidity to support organic growth and strategic acquisitions.
- For Q1 2026, the company expects revenues to be in the range of $18-$20 million. Long-term targets include $250 million in revenue and Adjusted EBITDA margins of 25% to 30%, driven by high single-digit organic growth and disciplined acquisitions.
- The company recognized a one-time $1.8 million gross benefit related to the Employee Retention Tax Credit in Q4 2025.
Dec 18, 2025, 3:00 PM
Innovative Aerosystems Reports Strong Fiscal 2025 Fourth Quarter and Full Year Results
ISSC
Earnings
Guidance Update
New Projects/Investments
- Innovative Aerosystems (IA) reported net sales of $84.3 million for fiscal year 2025, marking a 78.6% increase compared to the prior year, with fourth-quarter net sales reaching $22.2 million, up 44.6% year-over-year.
- For fiscal year 2025, the company achieved net income of $15.6 million, or $0.88 per diluted share, and Adjusted EBITDA of $24.8 million, an 81.6% increase from the prior year.
- IA's full-year fiscal 2025 operating cash flow was $13.3 million and free cash flow was $6.8 million. As of September 30, 2025, net debt stood at $21.7 million, resulting in a 0.9x leverage ratio to trailing twelve-month Adjusted EBITDA.
- The company introduced a long-term target of $250 million in revenue and a 25-30% Adjusted EBITDA margin by fiscal 2029.
- Key strategic initiatives in fiscal 2025 included the rebranding to Innovative Aerosystems, expansion of its Exton manufacturing facility, and the unveiling of the new Liberty Flight Deck (LFD) in October 2025.
Dec 18, 2025, 2:37 PM
Innovative Aerosystems Reports Strong Fiscal 2025 Fourth Quarter and Full Year Results
ISSC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Innovative Aerosystems (ISSC) reported full-year fiscal 2025 net sales of $84.3 million, an increase of 78.6% year-over-year, with net income of $15.6 million, or $0.88 per diluted share.
- For the fourth quarter of fiscal 2025, net sales increased 44.6% year-over-year to $22.2 million, and net income was $7.1 million, or $0.39 per diluted share.
- The company achieved Adjusted EBITDA of $24.8 million for the full year, up 81.6%, and $9.6 million for the fourth quarter, up 71.1%.
- Innovative Aerosystems introduced a longer-term target of $250 million in revenue and 25-30% Adjusted EBITDA margin by fiscal 2029.
- As of September 30, 2025, the company's backlog was $77.4 million, and its net debt to trailing twelve-month Adjusted EBITDA ratio was 0.9x.
Dec 18, 2025, 2:00 PM
Quarterly earnings call transcripts for INNOVATIVE SOLUTIONS & SUPPORT.
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