INNOVATIVE SOLUTIONS AND SUPPORT, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $84.3M | $47.2M | $34.8M | $27.7M | $23.0M | $21.6M | $17.6M |
| Cost of Revenue | — | $43.8M | $21.3M | $13.5M | $11.1M | $10.3M | $9.8M | $7.7M |
| Gross Profit | — | $40.5M | $25.9M | $21.3M | $16.7M | $12.8M | $11.8M | $9.9M |
| Gross Margin | — | 48.1% | 54.9% | 61.2% | 60.1% | 55.5% | 54.7% | 56.3% |
| Operating Expenses | ||||||||
| Research & Development | — | $4.0M | $4.1M | $3.1M | $2.7M | $2.6M | $3.0M | $2.5M |
| SG&A Expense | — | $16.4M | $12.1M | $10.8M | $6.8M | $6.3M | $6.1M | $5.9M |
| Operating Income | — | $20.1M | $9.7M | $7.4M | $7.2M | $3.9M | $2.7M | $1.5M |
| Operating Margin | — | 23.8% | 20.5% | 21.1% | 26.0% | 16.9% | 12.7% | 8.7% |
| Interest Expense | — | $1.7M | $937.3K | $393.3K | — | — | — | — |
| Pretax Income | — | $20.0M | $8.9M | $7.6M | $7.3M | $4.0M | $3.0M | $1.9M |
| Income Tax Expense | — | $4.3M | $1.9M | $1.6M | $1.8M | $-1.1M | $-1.1M | $1.8K |
| Net Income | — | $15.6M | $7.0M | $6.0M | $5.5M | $5.1M | $3.3M | $1.9M |
| Net Margin | — | 18.5% | 14.8% | 17.3% | 19.9% | 22.0% | 15.1% | 10.5% |
| EPS (Basic) | — | $0.89 | $0.40 | $0.35 | $0.32 | $0.29 | $0.19 | $0.11 |
| EPS (Diluted) | — | $0.88 | $0.40 | $0.35 | $0.32 | $0.29 | $0.19 | $0.11 |
| Shares Outstanding (Basic) | 17.8M | 17.6M | 17.5M | 17.4M | 17.3M | 17.2M | 16.9M | 16.9M |
| Shares Outstanding (Diluted) | 17.8M | 17.8M | 17.5M | 17.4M | 17.3M | 17.2M | 17.1M | 16.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |