Innovative Aerosystems Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	90.56	84.3	47.2	34.81	27.74	23.04
Revenue Growth (YoY)	39.21%	78.60%	35.59%	25.48%	20.38%	6.71%
Cost of Revenue	44.61	43.79	21.28	13.5	11.07	10.26
Gross Profit	45.95	40.51	25.91	21.31	16.67	12.78
Selling, General & Admin	17.84	16.45	12.11	10.82	6.75	6.26
Research & Development	5.13	3.99	4.14	3.13	2.71	2.62
Total Operating Expenses	22.97	20.44	16.25	13.95	9.46	8.88
Operating Income	22.98	20.07	9.66	7.36	7.22	3.9
Interest Income	0.02	0.02	0.13	0.52	0.06	0
Interest Expense	-1.92	-1.73	-0.94	-0.39	-	-
Other Non-Operating Income (Expense)	1.65	1.59	-	0.15	0.07	0.07
Total Non-Operating Income (Expense)	-0.25	-0.12	-0.81	0.28	0.13	0.08
Pretax Income	22.73	19.95	8.85	7.64	7.34	3.98
Provision for Income Taxes	5.68	4.32	1.85	1.61	1.82	-1.09
Net Income	17.05	15.63	7	6.03	5.52	5.06
Net Income to Common	17.05	15.63	7	6.03	5.52	5.06
Net Income Growth	57.78%	123.30%	16.10%	9.12%	9.06%	54.90%
Shares Outstanding (Basic)	18	18	17	17	17	17
Shares Outstanding (Diluted)	18	18	17	17	17	17
Shares Change (YoY)	3.13%	1.99%	0.35%	0.94%	0.18%	0.66%
EPS (Basic)	0.96	0.89	0.40	0.35	0.32	0.29
EPS (Diluted)	0.94	0.88	0.40	0.35	0.32	0.29
EPS Growth	54.10%	120.00%	14.29%	9.38%	10.35%	52.63%
Shares Outstanding	17.78	17.63	17.5	17.45	17.32	17.25
Free Cash Flow	-	6.79	5.14	1.8	5.93	4.25
Free Cash Flow Growth	-	32.16%	185.82%	-69.70%	39.55%	105.07%
Free Cash Flow Per Share	-	0.38	0.29	0.10	0.34	0.25
Gross Margin	50.74%	48.06%	54.90%	61.22%	60.11%	55.46%
Operating Margin	25.37%	23.81%	20.47%	21.14%	26.01%	16.93%
Profit Margin	18.82%	18.54%	14.83%	17.32%	19.91%	21.98%
FCF Margin	-	8.06%	10.89%	5.16%	21.39%	18.45%
EBITDA	22.98	23.81	11.76	8.06	7.58	4.33
EBITDA Margin	25.37%	28.24%	24.92%	23.15%	27.34%	18.80%
EBIT	22.98	20.07	9.66	7.36	7.22	3.9
EBIT Margin	25.37%	23.81%	20.47%	21.14%	26.01%	16.93%
Effective Tax Rate	25.00%	21.67%	20.94%	21.05%	24.76%	-27.35%

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q