INNOVATIVE SOLUTIONS AND SUPPORT, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.7M | $22.4M | $21.8M | $22.2M | $24.1M | $21.9M | $16.0M | $15.4M |
| Cost of Revenue | $12.9M | $10.9M | $9.9M | $8.2M | $15.6M | $10.7M | $9.4M | $6.9M |
| Gross Profit | $13.8M | $11.4M | $11.9M | $14.1M | $8.6M | $11.3M | $6.6M | $8.5M |
| Gross Margin | 51.7% | 51.1% | 54.5% | 63.2% | 35.5% | 51.4% | 41.4% | 55.4% |
| Operating Expenses | ||||||||
| Research & Development | $1.9M | $1.8M | $1.3M | $1.1M | $916.8K | $867.2K | $1.1M | $1.1M |
| SG&A Expense | $5.9M | $4.7M | $4.3M | $4.7M | $4.2M | $3.4M | $4.2M | $3.1M |
| Operating Income | $6.0M | $4.9M | $6.3M | $8.2M | $3.5M | $7.0M | $1.3M | $4.4M |
| Operating Margin | 22.6% | 22.1% | 28.9% | 37.0% | 14.6% | 31.8% | 8.4% | 28.4% |
| Interest Expense | $1.0M | $508.9K | $496.1K | $503.3K | $407.5K | $387.3K | $427.1K | $233.0K |
| Pretax Income | $5.0M | $4.4M | $5.9M | $9.3M | $3.1M | $6.6M | $921.9K | $4.1M |
| Income Tax Expense | $527.8K | $1.0M | $1.8M | $2.2M | $667.7K | $1.3M | $185.7K | $901.7K |
| Net Income | $4.5M | $3.4M | $4.1M | $7.1M | $2.4M | $5.3M | $736.2K | $3.2M |
| Net Margin | 16.8% | 15.4% | 18.6% | 32.0% | 10.1% | 24.3% | 4.6% | 20.7% |
| EPS (Basic) | $0.25 | $0.19 | $0.23 | $0.41 | $0.14 | $0.30 | $0.04 | $0.18 |
| EPS (Diluted) | $0.25 | $0.19 | $0.22 | $0.40 | $0.14 | $0.30 | $0.04 | $0.18 |
| Shares Outstanding (Basic) | 17.9M | 17.8M | 17.7M | 17.6M | 17.6M | 17.5M | 17.5M | 17.5M |
| Shares Outstanding (Diluted) | 18.3M | 18.3M | 18.1M | 17.8M | 17.8M | 17.6M | 17.6M | 17.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |