Innovative Solutions and Support, Inc. (ISSC)

ISSC Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	77.43	47.2	34.81	27.74	23.04	21.6
Revenue Growth (YoY)	72.82%	35.59%	25.48%	20.38%	6.71%	22.89%
Cost of Revenue	42.45	21.28	13.5	11.07	10.26	9.79
Gross Profit	34.99	25.91	21.31	16.67	12.78	11.8
Selling, General & Admin	13.95	11.28	10.41	6.75	6.26	6.1
Research & Development	4	4.14	3.13	2.71	2.62	2.96
Operating Expenses	17.95	15.42	13.54	9.46	8.88	9.06
Operating Income	17.04	10.5	7.77	7.22	3.9	2.75
Interest Expense	-1.45	-0.94	-0.39	-	-	-
Interest & Investment Income	0.02	0.13	0.52	0.06	0	0.15
Other Non Operating Income (Expenses)	-0.06	-	0.15	0.07	0.07	0.06
EBT Excluding Unusual Items	15.55	9.69	8.04	7.34	3.98	2.96
Merger & Restructuring Charges	-0.83	-0.83	-0.41	-	-	-
Pretax Income	14.72	8.85	7.64	7.34	3.98	2.96
Income Tax Expense	3.02	1.85	1.61	1.82	-1.09	-0.31
Net Income	11.7	7	6.03	5.52	5.06	3.27
Net Income to Common	11.7	7	6.03	5.52	5.06	3.27
Net Income Growth	81.26%	16.10%	9.12%	9.06%	54.90%	76.72%
Shares Outstanding (Basic)	18	17	17	17	17	17
Shares Outstanding (Diluted)	18	17	17	17	17	17
Shares Change (YoY)	1.11%	0.35%	0.94%	0.18%	0.66%	1.01%
EPS (Basic)	0.67	0.40	0.35	0.32	0.29	0.19
EPS (Diluted)	0.66	0.40	0.35	0.32	0.29	0.19
EPS Growth	78.33%	15.54%	8.18%	10.35%	52.63%	73.21%
Free Cash Flow	0.88	0.89	1.8	5.93	4.25	2.07
Free Cash Flow Per Share	0.05	0.05	0.10	0.34	0.25	0.12
Gross Margin	45.18%	54.90%	61.22%	60.11%	55.46%	54.65%
Operating Margin	22.01%	22.24%	22.32%	26.01%	16.93%	12.71%
Profit Margin	15.10%	14.83%	17.32%	19.91%	21.98%	15.14%
Free Cash Flow Margin	1.14%	1.88%	5.17%	21.39%	18.45%	9.60%
EBITDA	20.53	12.59	8.47	7.58	4.33	3.18
EBITDA Margin	26.51%	26.68%	24.32%	27.34%	18.80%	14.72%
D&A For EBITDA	3.49	2.1	0.7	0.37	0.43	0.43
EBIT	17.04	10.5	7.77	7.22	3.9	2.75
EBIT Margin	22.01%	22.24%	22.32%	26.01%	16.93%	12.71%
Effective Tax Rate	20.52%	20.94%	21.05%	24.76%	-	-
Revenue as Reported	77.43	47.2	34.81	27.74	23.04	21.6

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q