Symbols / ISSC $30.56 +6.04%
ISSC Chart
About
Innovative Aerosystems, Inc., engages in the engineering, manufacturing, and supply of advanced avionic solutions. The company provides autothrottles; LPV Navigators; standby displays; COM/NAV/surveillance radio management systems; air data solutions; inertial reference systems; utilities management systems; and air data, attitude and heading reference systems. It also offers flat panel display systems, inertial reference systems, integrated global navigation systems, global positioning systems, c-130 engine instrument display systems, liberty flight deck, and communications/navigation products. The company serves business aircrafts, commercial airlines, military, virtual cp-pilots, and turbo prop. The company was formerly known as Innovative Solutions and Support, Inc. and changed its name to Innovative Aerosystems, Inc. in October 2025. Innovative Aerosystems, Inc. was incorporated in 1988 and is based in Exton, Pennsylvania.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Aerospace & Defense | Market Cap | 543.31M |
| Enterprise Value | 558.55M | Income | 18.95M | Sales | 90.14M |
| Book/sh | 3.87 | Cash/sh | 0.47 | Dividend Yield | — |
| Payout | 0.00% | Employees | 147 | IPO | — |
| P/E | 28.83 | Forward P/E | 33.58 | PEG | — |
| P/S | 6.03 | P/B | 7.90 | P/C | — |
| EV/EBITDA | 19.66 | EV/Sales | 6.20 | Quick Ratio | 1.32 |
| Current Ratio | 2.96 | Debt/Eq | 34.23 | LT Debt/Eq | — |
| EPS (ttm) | 1.06 | EPS next Y | 0.91 | EPS Growth | 4.50% |
| Revenue Growth | 36.60% | Earnings | 2026-05-15 | ROA | 16.36% |
| ROE | 32.53% | ROIC | — | Gross Margin | 50.80% |
| Oper. Margin | 28.85% | Profit Margin | 21.02% | Shs Outstand | 17.78M |
| Shs Float | 15.35M | Short Float | 3.14% | Short Ratio | 1.04 |
| Short Interest | — | 52W High | 30.94 | 52W Low | 5.30 |
| Beta | 0.59 | Avg Volume | 645.36K | Volume | 1.37M |
| Target Price | $25.75 | Recom | None | Prev Close | $28.82 |
| Price | $30.56 | Change | 6.04% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$25.75
Mean price target
2. Current target
$30.56
Latest analyst target
3. DCF / Fair value
$7.62
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$30.56
Low
$25.00
High
$27.00
Mean
$25.75
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-11-21 | init | Northland Capital Markets | — → Outperform | $17 |
| 2023-10-13 | main | EF Hutton | Buy → Buy | $12 |
| 2023-08-11 | reit | EF Hutton | Buy → Buy | $14 |
| 2023-07-14 | main | EF Hutton | Buy → Buy | $14 |
| 2023-07-11 | reit | EF Hutton | Buy → Buy | $11 |
| 2023-04-05 | init | EF Hutton | — → Buy | $11 |
- Innovative Solutions (ISSC) +4.9%: Boeing China Order Reports Lift Sector - Trefis ue, 10 Mar 2026 10
- Innovative Solutions and Support (NASDAQ:ISSC) Sets New 12-Month High - Here's What Happened - MarketBeat ue, 10 Mar 2026 15
- Here's Why Momentum in Innovative Solutions and Support (ISSC) Should Keep going - Yahoo Finance Australia Mon, 09 Mar 2026 12
- $ISSC stock is up 29% today. Here's what we see in our data. - Quiver Quantitative hu, 18 Dec 2025 08
- Innovative Solutions and Support (ISSC) is on the Move, Here's Why the Trend Could be Sustainable - Nasdaq hu, 19 Feb 2026 08
- Top Quant ranked small cap stocks with positive EPS surprises (ISSC:NASDAQ) - Seeking Alpha Wed, 25 Feb 2026 08
- (ISSC) Movement as an Input in Quant Signal Sets - Stock Traders Daily Wed, 18 Feb 2026 08
- How The Valuation Story Is Shifting For Innovative Aerosystems (ISSC) After The US$25.75 Target - Yahoo Finance Fri, 06 Mar 2026 17
- Innovative Aerosystems sets Feb. 12 call on Q1 2026 results - Stock Titan hu, 29 Jan 2026 08
- Innovative Solutions and Support (NASDAQ:ISSC) Trading Up 7.5% - Still a Buy? - MarketBeat Mon, 09 Mar 2026 20
- Is Innovative Solutions and Support (ISSC) Outperforming Other Aerospace Stocks This Year? - Nasdaq Mon, 02 Mar 2026 14
- INNOVATIVE SOLTNS & SUPP Q4 2025 Earnings Preview: Recent $ISSC Insider Trading, Hedge Fund Activity, and More - Quiver Quantitative ue, 16 Dec 2025 08
- Top 10 Defense Stocks As Mideast Conflict Escalates - Seeking Alpha ue, 03 Mar 2026 18
- Wall Street Zen Downgrades Innovative Solutions and Support (NASDAQ:ISSC) to Hold - MarketBeat Sat, 21 Feb 2026 08
- Innovative Aerosystems (ISSC) Price Target Increased by 10.41% to 25.96 - Nasdaq ue, 24 Feb 2026 08
Insider Transactions
| Date | Shares | Url | Text | Insider | Position | Transaction | Start Date | Ownership | Value |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 201000 | — | — | ASKARPOUR SHAHRAM | Chief Executive Officer | — | 2025-11-20 00:00:00 | D | nan |
| 1 | 201000 | — | — | ASKARPOUR SHAHRAM | Chief Executive Officer | — | 2025-11-20 00:00:00 | D | nan |
| 2 | 217508 | — | Sale at price 13.50 - 13.91 per share. | HARBORNE CHRISTOPHER | Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-30 00:00:00 | I | 2976518.0 |
| 3 | 59667 | — | Sale at price 13.21 per share. | HARBORNE CHRISTOPHER | Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-26 00:00:00 | I | 788213.0 |
| 4 | 90655 | — | Sale at price 12.92 per share. | HARBORNE CHRISTOPHER | Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-25 00:00:00 | I | 1171417.0 |
| 5 | 89414 | — | Sale at price 12.50 per share. | HARBORNE CHRISTOPHER | Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-23 00:00:00 | I | 1117246.0 |
| 6 | 31953 | — | Sale at price 12.25 per share. | HARBORNE CHRISTOPHER | Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-20 00:00:00 | I | 391424.0 |
| 7 | 17198 | — | Sale at price 12.28 per share. | HARBORNE CHRISTOPHER | Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-18 00:00:00 | I | 211117.0 |
| 8 | 21809 | — | Sale at price 12.77 per share. | HARBORNE CHRISTOPHER | Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-17 00:00:00 | I | 278536.0 |
| 9 | 5116 | — | Sale at price 11.77 per share. | HARBORNE CHRISTOPHER | Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-11 00:00:00 | I | 60217.0 |
Financials
| Line Item | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.22 | 0.21 | 0.21 | 0.25 |
| NormalizedEBITDA | 25.41M | 11.89M | 8.73M | 7.71M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 15.63M | 7.00M | 6.03M | 5.52M |
| ReconciledDepreciation | 3.73M | 2.10M | 697.94K | 368.50K |
| ReconciledCostOfRevenue | 43.79M | 21.28M | 13.50M | 11.07M |
| EBITDA | 25.41M | 11.89M | 8.73M | 7.71M |
| EBIT | 21.68M | 9.79M | 8.03M | 7.34M |
| NetInterestIncome | -1.71M | -809.98K | 124.91K | 61.05K |
| InterestExpense | 1.73M | 937.31K | 393.28K | 0.00 |
| InterestIncome | 18.94K | 127.33K | 518.19K | 61.05K |
| NormalizedIncome | 15.63M | 7.00M | 6.03M | 5.52M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 15.63M | 7.00M | 6.03M | 5.52M |
| TotalExpenses | 64.22M | 37.54M | 27.45M | 20.53M |
| TotalOperatingIncomeAsReported | 20.07M | 9.66M | 7.36M | 7.22M |
| DilutedAverageShares | 17.83M | 17.48M | 17.43M | 17.26M |
| BasicAverageShares | 17.57M | 17.46M | 17.41M | 17.26M |
| DilutedEPS | 0.88 | 0.40 | 0.35 | 0.32 |
| BasicEPS | 0.89 | 0.40 | 0.35 | 0.32 |
| DilutedNIAvailtoComStockholders | 15.63M | 7.00M | 6.03M | 5.52M |
| NetIncomeCommonStockholders | 15.63M | 7.00M | 6.03M | 5.52M |
| NetIncome | 15.63M | 7.00M | 6.03M | 5.52M |
| NetIncomeIncludingNoncontrollingInterests | 15.63M | 7.00M | 6.03M | 5.52M |
| NetIncomeContinuousOperations | 15.63M | 7.00M | 6.03M | 5.52M |
| TaxProvision | 4.32M | 1.85M | 1.61M | 1.82M |
| PretaxIncome | 19.95M | 8.85M | 7.64M | 7.34M |
| OtherIncomeExpense | 1.59M | 151.32K | 65.23K | 74.91K |
| OtherNonOperatingIncomeExpenses | 1.59M | 151.32K | 65.23K | 74.91K |
| NetNonOperatingInterestIncomeExpense | -1.71M | -809.98K | 124.91K | 61.05K |
| InterestExpenseNonOperating | 1.73M | 937.31K | 393.28K | 0.00 |
| InterestIncomeNonOperating | 18.94K | 127.33K | 518.19K | 61.05K |
| OperatingIncome | 20.07M | 9.66M | 7.36M | 7.22M |
| OperatingExpense | 20.44M | 16.25M | 13.95M | 9.46M |
| ResearchAndDevelopment | 3.99M | 4.14M | 3.13M | 2.71M |
| SellingGeneralAndAdministration | 16.45M | 12.11M | 10.82M | 6.75M |
| GrossProfit | 40.51M | 25.91M | 21.31M | 16.67M |
| CostOfRevenue | 43.79M | 21.28M | 13.50M | 11.07M |
| TotalRevenue | 84.30M | 47.20M | 34.81M | 27.74M |
| OperatingRevenue | 84.30M | 47.20M | 34.81M | 27.74M |
| Line Item | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| TreasurySharesNumber | 339.64K | 2.10M | 2.10M | 2.10M |
| OrdinarySharesNumber | 17.63M | 17.50M | 17.45M | 17.32M |
| ShareIssued | 17.97M | 19.60M | 19.54M | 19.41M |
| NetDebt | 21.45M | 27.49M | 16.40M | |
| TotalDebt | 24.14M | 28.03M | 19.51M | 13.62K |
| TangibleBookValue | 34.32M | 14.41M | 18.89M | 30.69M |
| InvestedCapital | 88.74M | 74.67M | 58.14M | 30.75M |
| WorkingCapital | 34.07M | 27.42M | 28.27M | 24.26M |
| NetTangibleAssets | 34.32M | 14.41M | 18.89M | 30.69M |
| CapitalLeaseObligations | 2.10K | 12.96K | 13.62K | 14.30K |
| CommonStockEquity | 64.60M | 46.64M | 38.64M | 30.75M |
| TotalCapitalization | 86.30M | 74.67M | 56.14M | 30.75M |
| TotalEquityGrossMinorityInterest | 64.60M | 46.64M | 38.64M | 30.75M |
| StockholdersEquity | 64.60M | 46.64M | 38.64M | 30.75M |
| TreasuryStock | 3.46M | 3.46M | 21.37M | 21.37M |
| RetainedEarnings | 28.29M | 12.67M | 5.67M | -359.04K |
| AdditionalPaidInCapital | 39.75M | 37.42M | 54.32M | 52.46M |
| CapitalStock | 17.63K | 17.50K | 19.54K | 19.41K |
| CommonStock | 17.63K | 17.50K | 19.54K | 19.41K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 38.76M | 35.74M | 24.32M | 3.96M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 22.10M | 28.48M | 17.92M | 15.06K |
| OtherNonCurrentLiabilities | 396.50K | 451.35K | 421.51K | 15.06K |
| NonCurrentDeferredLiabilities | 0.00 | |||
| NonCurrentDeferredTaxesLiabilities | 0.00 | |||
| LongTermDebtAndCapitalLeaseObligation | 21.70M | 28.03M | 17.50M | 15.06K |
| LongTermCapitalLeaseObligation | 15.06K | 28.68K | ||
| LongTermDebt | 21.70M | 28.03M | 17.50M | |
| CurrentLiabilities | 16.66M | 7.27M | 6.40M | 3.94M |
| CurrentDeferredLiabilities | 2.48M | 340.48K | 143.36K | 259.18K |
| CurrentDeferredRevenue | 2.48M | 340.48K | 143.36K | 259.18K |
| CurrentDebtAndCapitalLeaseObligation | 2.44M | 2.10K | 2.01M | 13.62K |
| CurrentCapitalLeaseObligation | 2.10K | 12.96K | 13.62K | 14.30K |
| CurrentDebt | 2.44M | 2.00M | ||
| OtherCurrentBorrowings | 2.00M | |||
| PayablesAndAccruedExpenses | 11.74M | 6.92M | 4.24M | 3.67M |
| CurrentAccruedExpenses | 4.88M | 2.71M | 1.72M | 1.93M |
| Payables | 6.86M | 4.21M | 2.52M | 1.74M |
| DividendsPayable | 0.00 | |||
| TotalTaxPayable | 3.28M | 1.90M | 1.18M | 1.03M |
| IncomeTaxPayable | 2.05M | 1.19M | 0.00 | |
| AccountsPayable | 3.58M | 2.32M | 1.34M | 708.85K |
| TotalAssets | 103.36M | 82.38M | 62.96M | 34.71M |
| TotalNonCurrentAssets | 52.63M | 47.70M | 28.28M | 6.50M |
| OtherNonCurrentAssets | 157.86K | 471.62K | 176.66K | 75.30K |
| NonCurrentDeferredAssets | 2.82M | 1.63M | 456.39K | 46.49K |
| NonCurrentDeferredTaxesAssets | 2.82M | 1.63M | 456.39K | 46.49K |
| GoodwillAndOtherIntangibleAssets | 30.29M | 32.23M | 19.74M | 60.35K |
| OtherIntangibleAssets | 23.58M | 27.01M | 16.19M | 60.35K |
| Goodwill | 6.70M | 5.21M | 3.56M | 0.00 |
| NetPPE | 19.37M | 13.37M | 7.91M | 6.32M |
| AccumulatedDepreciation | -13.93M | -12.41M | -11.92M | -11.93M |
| GrossPPE | 33.29M | 25.78M | 19.83M | 18.25M |
| OtherProperties | 16.52M | 15.16M | 9.57M | 5.65M |
| MachineryFurnitureEquipment | 4.15M | 3.40M | 3.31M | 11.58M |
| BuildingsAndImprovements | 11.60M | 6.20M | 5.93M | |
| LandAndImprovements | 1.02M | 1.02M | 1.02M | 1.02M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 50.73M | 34.69M | 34.67M | 28.20M |
| OtherCurrentAssets | 134.75K | 486.11K | 449.83K | 365.16K |
| AssetsHeldForSaleCurrent | 0.00 | 2.06M | 0.00 | |
| RestrictedCash | 0.00 | |||
| PrepaidAssets | 3.82M | 6.64M | 12.69M | 777.31K |
| Inventory | 25.80M | 12.73M | 6.14M | 5.35M |
| FinishedGoods | 1.06M | 1.51M | 10.65K | 102.34K |
| WorkInProcess | 2.30M | 1.36M | 966.89K | 795.72K |
| RawMaterials | 22.45M | 9.86M | 5.16M | 4.45M |
| Receivables | 18.28M | 14.29M | 10.23M | 4.46M |
| OtherReceivables | 5.32M | 1.68M | 487.14K | 162.74K |
| AccountsReceivable | 12.96M | 12.61M | 9.74M | 4.30M |
| CashCashEquivalentsAndShortTermInvestments | 2.69M | 538.98K | 3.10M | 17.25M |
| CashAndCashEquivalents | 2.69M | 538.98K | 3.10M | 17.25M |
| Line Item | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| FreeCashFlow | 6.79M | 5.14M | 1.80M | 5.93M |
| RepaymentOfDebt | -28.65M | -43.83M | -500.00K | 0.00 |
| IssuanceOfDebt | 25.00M | 52.35M | 20.00M | 0.00 |
| CapitalExpenditure | -6.51M | -657.79K | -298.37K | -161.23K |
| InterestPaidSupplementalData | 1.54M | 847.09K | 260.89K | 0.00 |
| IncomeTaxPaidSupplementalData | 4.73M | 1.91M | 1.86M | 531.48K |
| EndCashPosition | 2.69M | 538.98K | 3.10M | 17.25M |
| BeginningCashPosition | 538.98K | 3.10M | 17.25M | 8.27M |
| ChangesInCash | 2.15M | -2.56M | -14.15M | 8.98M |
| FinancingCashFlow | -4.64M | 8.53M | 19.91M | 301.15K |
| CashFlowFromContinuingFinancingActivities | -4.64M | 8.53M | 19.91M | 301.15K |
| NetOtherFinancingCharges | -984.59K | |||
| ProceedsFromStockOptionExercised | 0.00 | 0.00 | 408.85K | 301.15K |
| CashDividendsPaid | 0.00 | 0.00 | -19.79M | |
| NetIssuancePaymentsOfDebt | -3.65M | 8.53M | 19.50M | 0.00 |
| NetShortTermDebtIssuance | 0.00 | 0.00 | ||
| ShortTermDebtPayments | 0.00 | 0.00 | ||
| ShortTermDebtIssuance | 0.00 | 0.00 | ||
| NetLongTermDebtIssuance | -3.65M | 8.53M | 19.50M | 0.00 |
| LongTermDebtPayments | -28.65M | -43.83M | -500.00K | 0.00 |
| LongTermDebtIssuance | 25.00M | 52.35M | 20.00M | 0.00 |
| InvestingCashFlow | -6.51M | -16.88M | -36.16M | 2.59M |
| CashFlowFromContinuingInvestingActivities | -6.51M | -16.88M | -36.16M | 2.59M |
| NetOtherInvestingChanges | -4.25M | |||
| NetBusinessPurchaseAndSale | 0.00 | -14.20M | -35.86M | 0.00 |
| PurchaseOfBusiness | 0.00 | -14.20M | -35.86M | 0.00 |
| NetPPEPurchaseAndSale | -6.51M | 1.57M | -298.37K | 2.59M |
| SaleOfPPE | 0.00 | 2.23M | 0.00 | 2.75M |
| PurchaseOfPPE | -6.51M | -657.79K | -298.37K | -161.23K |
| OperatingCashFlow | 13.30M | 5.80M | 2.10M | 6.09M |
| CashFlowFromContinuingOperatingActivities | 13.30M | 5.80M | 2.05M | 6.09M |
| ChangeInWorkingCapital | -7.18M | -3.01M | -6.18M | 36.63K |
| ChangeInOtherWorkingCapital | 2.14M | 197.12K | -115.82K | -158.32K |
| ChangeInOtherCurrentAssets | -4.77K | -294.97K | -101.36K | 0.00 |
| ChangeInPayablesAndAccruedExpense | 4.82M | 2.68M | 575.13K | 1.63M |
| ChangeInAccruedExpense | 2.70M | 624.35K | 203.75K | 1.27M |
| ChangeInPayable | 2.11M | 2.06M | 371.38K | 354.24K |
| ChangeInAccountPayable | 1.26M | 978.20K | 628.43K | 85.22K |
| ChangeInTaxPayable | 850.94K | 1.08M | -257.06K | 269.01K |
| ChangeInIncomeTaxPayable | 850.94K | 1.08M | -257.06K | 269.01K |
| ChangeInPrepaidAssets | -479.12K | 811.67K | 69.46K | -309.39K |
| ChangeInInventory | -9.67M | -2.34M | -834.92K | -708.86K |
| ChangeInReceivables | -3.98M | -4.06M | -5.77M | -413.86K |
| ChangesInAccountReceivables | -343.99K | -2.87M | -5.45M | -251.12K |
| OtherNonCashItems | 40.27K | 44.31K | -100.45K | |
| StockBasedCompensation | 2.34M | 1.00M | 1.45M | 339.94K |
| AssetImpairmentCharge | 0.00 | 0.00 | 44.40K | 0.00 |
| DeferredTax | -1.25M | -1.14M | 9.50K | 1.02M |
| DeferredIncomeTax | -1.25M | -1.14M | 9.50K | 1.02M |
| DepreciationAmortizationDepletion | 3.73M | 2.10M | 697.94K | 368.50K |
| DepreciationAndAmortization | 3.73M | 2.10M | 697.94K | 368.50K |
| AmortizationCashFlow | 2.22M | 1.19M | 270.63K | |
| AmortizationOfIntangibles | 2.22M | 1.19M | 270.63K | |
| Depreciation | 1.52M | 906.58K | 427.32K | |
| OperatingGainsLosses | -160.58K | -1.19M | ||
| GainLossOnSaleOfPPE | 0.00 | -160.58K | 0.00 | -1.19M |
| NetIncomeFromContinuingOperations | 15.63M | 7.00M | 6.03M | 5.52M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for ISSC
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|