Innovative Solutions & Support IncIA
What Innovative Solutions & Support Inc does.
As used in this Annual Report on Form 10-K, unless expressly stated otherwise or the context otherwise requires, the terms “IA” or “the Company”, “we”, “us” and “our”, refers to Innovative Solutions & Support, Inc. dba Innovative Aerosystems and its subsidiaries.
Incorporated in Pennsylvania in 1988, IA is a vertically integrated provider of flight solutions and equipment to commercial air transport, general aviation markets, the United States Department of Defense (“DoD”) and allied foreign militaries.
We operate in one business segment that designs, develops, manufactures, sells and services avionics products and systems for retrofit applications and Original Equipment Manufacturers (“OEMs”).
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $21.6M | $23.0M | $27.7M | $34.8M | $47.2M | $84.3M |
| Net income | $3.3M | $5.1M | $5.5M | $6.0M | $7.0M | $15.6M |
| Free cash flow | $4.3M | $4.3M | $5.9M | $1.8M | $5.1M | $6.8M |
More on IA.
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Figures from Innovative Solutions & Support Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.