Innovative Solutions & Support Inc. (IA)
Nasdaq · Services-Computer Programming Services · Services · CIK 836690 · fiscal year ends in Sep
Closing price $20.81 on 30 Oct 2026; 52-week range $8.32 to $30.56.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $93.2M
- Revenue growth
- 20.3%
- Net income, last twelve months
- $19.1M
- Earnings per share
- $1.05
- Gross margin
- 54.9%
- Operating margin
- 27.4%
- Net margin
- 20.5%
- Free cash flow
- $14.3M
- Return on equity
- 24.7%
- Market value
- $372.5M
- Price to earnings
- 19.8x
- Cash
- $10.7M
- Debt
- $54.5M
- Debt to equity
- 0.71
- Shares outstanding
- 17.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 30 Sep 2025 | $84.3M | $20.1M | $15.6M | $0.88 | $6.8M | 10-K filed 23 Dec 2025 |
| FY2024 | 30 Sep 2024 | $47.2M | $9.7M | $7.0M | $0.40 | $5.1M | 10-K filed 30 Dec 2024 |
| FY2023 | 30 Sep 2023 | $34.8M | $7.4M | $6.0M | $0.35 | $1.8M | 10-K filed 12 Jan 2024 |
| FY2022 | 30 Sep 2022 | $27.7M | $7.2M | $5.5M | $0.32 | $5.9M | 10-K filed 16 Dec 2022 |
| FY2021 | 30 Sep 2021 | $23.0M | $3.9M | $5.1M | $0.29 | $4.3M | 10-K filed 22 Dec 2021 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q3 FY2026 | 30 Jun 2026 | $26.7M | $4.5M | $0.25 |
| Q2 FY2026 | 31 Mar 2026 | $22.4M | $3.4M | $0.19 |
| Q1 FY2026 | 31 Dec 2025 | $21.8M | $4.1M | $0.22 |
| Q4 FY2025 | 30 Sep 2025 | $22.2M | $7.1M | $0.39 |
| Q3 FY2025 | 30 Jun 2025 | $24.1M | $2.4M | $0.14 |
| Q2 FY2025 | 31 Mar 2025 | $21.9M | $5.3M | $0.30 |
| Q1 FY2025 | 31 Dec 2024 | $16.0M | $736.2K | $0.04 |
| Q4 FY2024 | 30 Sep 2024 | $15.4M | $3.2M | $0.18 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Product | $54.1M | 64.2% |
| Services | $30.2M | 35.8% |
Company events
The newest 8-K filings of 186 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 7 Oct 2026 | 8-K/A | Deal completed | 2.01, 9.01 |
| 4 Sep 2026 | 8-K/A | Shareholder vote | 5.07 |
| 13 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 21 Jul 2026 | 8-K | Deal completed, Material agreement, New debt, Other events | 1.01, 2.01, 2.03, 8.01, 9.01 |
| 14 May 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Apr 2026 | 8-K | Shareholder vote | 5.07 |
| 2 Apr 2026 | 8-K | Deal completed, Material agreement, Other events | 1.01, 2.01, 8.01, 9.01 |
| 12 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 18 Dec 2025 | 8-K | Results | 2.02, 9.01 |
| 28 Oct 2025 | 8-K | Leadership change, Other events | 5.02, 8.01, 9.01 |
| 14 Aug 2025 | 8-K | Results | 2.02, 9.01 |
| 22 Jul 2025 | 8-K | Material agreement, New debt, Other events | 1.01, 2.03, 8.01, 9.01 |
Every filing
The newest filings with the SEC of 416 held.
| Filed | Form | Period |
|---|---|---|
| 7 Oct 2026 | 8-K/A | 21 Jul 2026 |
| 4 Sep 2026 | 8-K/A | 16 Apr 2026 |
| 13 Aug 2026 | 10-Q | 30 Jun 2026 |
| 13 Aug 2026 | 8-K | 13 Aug 2026 |
| 21 Jul 2026 | 8-K | 21 Jul 2026 |
| 15 May 2026 | 10-Q | 31 Mar 2026 |
| 14 May 2026 | 8-K | 14 May 2026 |
| 17 Apr 2026 | 8-K | 16 Apr 2026 |
| 2 Apr 2026 | 8-K | 27 Mar 2026 |
| 13 Mar 2026 | DEF 14A | 16 Apr 2026 |
| 19 Feb 2026 | EFFECT | – |
| 17 Feb 2026 | CORRESP | – |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 28 Jul 2026 | BlackRock, Inc. | 13G | 5.8% | 1.0M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 953.4K | +5.15% | 4.55 |
| 30 Sep 2026 | 906.7K | +10.86% | 3.7 |
| 15 Sep 2026 | 817.9K | +0.17% | 2.84 |
| 31 Aug 2026 | 816.6K | +5.27% | 3.02 |
Funds that hold it
From each fund's latest Form 13F.
157 funds held it at 30 Jun 2026: 76 added and 34 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 1,066,911 | $19.2M | +779,333 |
| Marshall Wace, LLP | 691,799 | $12.5M | -61,578 |
| Vanguard Capital Management LLC | 629,425 | $11.3M | +3,650 |
| Punch & Associates Investment Management, Inc. | 569,963 | $10.3M | +51,345 |
| Morgan Stanley | 503,365 | $9.1M | -99,882 |
| Renaissance Technologies LLC | 490,155 | $8.8M | +187,262 |
| Dimensional Fund Advisors LP | 411,427 | $7.4M | +43,160 |
| Geode Capital Management, LLC | 354,083 | $6.4M | +208,027 |
| Citadel Advisors LLC | 299,281 | $5.4M | +193,102 |
| CenterBook Partners LP | 264,954 | $4.8M | +264,954 |
Peers
Companies in the same industry.
- Infosys Limited (INFY): revenue $20.2B, market value $50.9B
- Zscaler, Inc. (ZS): revenue $3.4B, market value $38.8B
- Cognizant Technology Solutions Corp. (CTSH): revenue $21.9B, market value $29.2B
- Verisign Inc. (VRSN): revenue $1.7B, market value $27.6B
- Wipro Limited (WIT): revenue $10.5B, market value $21.4B
- Epam Systems, Inc. (EPAM): revenue $5.6B, market value $7.2B
- Doximity, Inc. (DOCS): revenue $655.6M, market value $5.9B
- Rigetti Computing, Inc. (RGTI): revenue $13.4M, market value $3.8B