Innovative Aerosystems, Inc. (IA)

NASDAQ: IA · Real-Time Price · USD

21.07

-0.44 (-2.05%)

Nov 13, 2026, 4:00 PM EST - Market closed

Innovative Aerosystems Financials Overview

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

Millions USD. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	93.15	84.3	47.2	34.81	27.74	23.04
Revenue Growth	20.30%	78.60%	35.59%	25.48%	20.38%	6.71%
Gross Profit	51.18	40.51	25.91	21.31	16.67	12.78
Operating Income	26.49	20.07	9.91	7.77	7.22	3.9
Net Income	19.09	15.63	7	6.03	5.52	5.06
Earnings Per Share	1.06	0.88	0.40	0.35	0.32	0.29
EPS Growth	59.93%	120.00%	15.54%	8.18%	10.35%	52.63%

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
United States	67.9	24.4	19.31	16.64	14.64
Outside the United States	16.4	22.8	15.5	11.1	8.4
Total	84.3	47.2	34.81	27.74	23.04

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Cash & Investments	10.69	2.69	0.54	3.1	17.25	8.27
Total Debt	54.31	24.14	28.03	19.51	0.03	0.01
Net Cash (Debt)	-43.62	-21.45	-27.49	-16.42	17.22	8.25
Net Cash Growth	-	-	-	-	108.72%	-34.30%
Net Cash Per Share	-2.40	-1.20	-1.57	-0.94	1.00	0.48

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Operating Cash Flow	18.51	13.3	5.8	2.1	6.09	4.59
Capital Expenditures	-4.22	-6.51	-4.91	-0.3	-0.16	-0.34
Free Cash Flow	14.29	6.79	0.89	1.8	5.93	4.25
Free Cash Flow Growth	1521.59%	663.94%	-50.55%	-69.70%	39.55%	105.07%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Gross Margin	54.94%	48.06%	54.90%	61.22%	60.11%	55.46%
Operating Margin	28.44%	23.81%	20.99%	22.32%	26.01%	16.93%
Pretax Margin	26.45%	23.67%	18.75%	21.94%	26.47%	17.26%
Profit Margin	20.50%	18.54%	14.83%	17.32%	19.91%	21.98%
FCF Margin	15.34%	8.06%	1.88%	5.17%	21.39%	18.45%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 14, 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
PE Ratio	19.97	14.09	16.30	22.00	26.99	23.90
Forward PE	20.32	21.17	12.54	13.82	14.91	14.91
P/FCF Ratio	26.39	32.42	128.35	73.76	25.13	28.48
PS Ratio	4.05	2.61	2.42	3.81	5.38	5.25