IA

Innovative Solutions & Support Inc Information Technology Services-Computer Programming Services Russell 3000
$20.77Close $373.2MMarket cap $18.12 – $21.6452-week range Dec 17, 2026Next report

Highlights

Strengths

  • Earnings growing EPS +79% year on year, faster than the quarter before (+117 pts)

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Sep 30, 2025 · filed Aug 13, 2026
Off 12-month high 4%
1wk up 5.6% price change
1mo up 11.8% price change
12-month return up 12% total, dividends included
F-score 5 / 9 Mixed
Altman Z″ 6.11 Low risk
P/E 23.9× price / earnings
PEG 0.20 P/E / EPS growth
P/B 5.8× price / book
Earnings yield up 5.1% EBIT / enterprise value
Cheaper than 45% of the market · around average
Revenue growth up 79% year on year
EPS growth up 79% latest quarter · +117 pts
Sales growth up 11% latest quarter · +9 pts
ROE up 28% return on equity
Free cash margin up 8% $6.8M FCF
D/E 0.34 long-term debt / equity
Net debt / EBITDA 0.8×
Interest cover 11.6×EBIT / interest
Piotroski tests
  • profits not fully backed by cash
  • short-term liquidity weakened
  • issued more shares
  • gross margin narrowed
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • reduced long-term debt
  • assets working harder

Repair signals

  • Long-term debt down 23% ($0.0B → $0.0B)

Trade setup

ATR% 4.3% $0.89 a day · 2×ATR $18.99
RS — vs the universe
Trend — trend template
Relative volume — vs 50-day average
Up/down volume — 50 sessions
Implied move — no option chain · report Dec 17, 2026

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Gross margin narrowing Gross margin fell from 54.9% to 48.1%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 13, 2026

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $84.3M +79% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $21.6M FY2021 · $23.0M FY2022 · $27.7M FY2023 · $34.8M FY2024 · $47.2M FY2025 · $84.3M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $15.6M +123% on FY2024
$0 $20M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $3.3M FY2021 · $5.1M FY2022 · $5.5M FY2023 · $6.0M FY2024 · $7.0M FY2025 · $15.6M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $6.8M +32% on FY2024
$0 $10M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $4.3M FY2021 · $4.3M FY2022 · $5.9M FY2023 · $1.8M FY2024 · $5.1M FY2025 · $6.8M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 48%
  • Net 19%
  • Free cash 8%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 55% · Net 15% · Free cash 20% FY2021 · Gross 55% · Net 22% · Free cash 18% FY2022 · Gross 60% · Net 20% · Free cash 21% FY2023 · Gross 61% · Net 17% · Free cash 5% FY2024 · Gross 55% · Net 15% · Free cash 11% FY2025 · Gross 48% · Net 19% · Free cash 8%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $19.0M net debt
  • Cash
  • Long-term debt
$0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $12.6M FY2021 · Cash $8.3M FY2022 · Cash $17.3M FY2023 · Cash $3.1M · Long-term debt $17.5M FY2024 · Cash $538,977 · Long-term debt $28.0M FY2025 · Cash $2.7M · Long-term debt $21.7M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 17.97m -6.9% since FY2020
19.54m 17.84m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 19.31m FY2021 · 19.34m FY2022 · 19.41m FY2023 · 19.54m FY2024 · 17.84m FY2025 · 17.97m
  FY2020Sep 30, 2020 FY2021Sep 30, 2021 FY2022Sep 30, 2022 FY2023Sep 30, 2023 FY2024Sep 30, 2024 FY2025Sep 30, 2025
Revenue $21.6M $23.0M $27.7M $34.8M $47.2M $84.3M
Gross margin 55% 55% 60% 61% 55% 48%
Operating income $2.7M $3.9M $7.2M $7.4M $9.7M $20.1M
Net income $3.3M $5.1M $5.5M $6.0M $7.0M $15.6M
Net margin 15% 22% 20% 17% 15% 19%
Earnings per share $0.19 $0.29 $0.32 $0.35 $0.40 $0.88
Free cash flow $4.3M $4.3M $5.9M $1.8M $5.1M $6.8M
Free cash margin 20% 18% 21% 5% 11% 8%
Cash $12.6M $8.3M $17.3M $3.1M $538,977 $2.7M
Long-term debt — — — $17.5M $28.0M $21.7M
Shareholders' equity $27.8M $24.6M $30.7M $38.6M $46.6M $64.6M
Shares outstanding 19.31m 19.34m 19.41m 19.54m 17.84m 17.97m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 13, 2026 Quarterly ↗ Jun 30, 2026 44d
May 15, 2026 Quarterly ↗ Mar 31, 2026 45d
Feb 13, 2026 Quarterly ↗ Dec 31, 2025 44d
Dec 23, 2025 Annual ↗ Sep 30, 2025 84d
Aug 14, 2025 Quarterly ↗ Jun 30, 2025 45d
May 15, 2025 Quarterly ↗ Mar 31, 2025 45d
Feb 14, 2025 Quarterly ↗ Dec 31, 2024 45d
Dec 30, 2024 Annual ↗ Sep 30, 2024 91d
Aug 14, 2024 Quarterly ↗ Jun 30, 2024 45d
May 14, 2024 Quarterly ↗ Mar 31, 2024 44d
Feb 14, 2024 Quarterly ↗ Dec 31, 2023 45d
Jan 12, 2024 Annual ↗ Sep 30, 2023 104d

Current reports