Innovative Aerosystems, Inc.

ISSC

$24.78

+7.74%

2026-09-04 09:30:00 EDT+$0.00

Industrials

Aerospace & Defense

NASDAQ

Inactive

Innovative Aerosystems, Inc., established in 1988 and based in Exton, Pennsylvania, specializes in the engineering, manufacturing, and provision of sophisticated avionic systems. ...

Price Action of ISSC

$24.78

+0.00%+$0.00

High—

Low—

52W High-19.9%

Rel. vol—

Interval

Range6.5h

Volume—SMA5SMA10

—

Innovative Aerosystems, Inc. (ISSC), headquartered in Exton, Pennsylvania, is a leading provider of advanced avionics and flight display systems. Founded in February 1988 by Geoffrey Hedrick, the company has evolved from Innovative Solutions & Support to its current name, reflecting a strategic focus on integrating intelligent system designs with aerospace ...Innovative Aerosystems, Inc. (ISSC), headquartered in Exton, Pennsylvania, is a leading provider of advanced avionics and flight display systems. Founded in February 1988 by Geoffrey Hedrick, the company has evolved from Innovative Solutions & Support to its current name, reflecting a strategic focus on integrating intelligent system designs with aerospace technology. Under the leadership of CEO Shahram Askarpour, who joined in 2003 and became President in 2012, the company has driven innovation in the aviation industry, launching products like the Liberty Flight Deck and expanding its facility in Exton by 40,000 square feet. The company's product portfolio includes autothrottles, LPV navigators, standby displays, radio management systems, air data solutions, inertial reference systems, and integrated global navigation systems, among others. It serves a diverse clientele, including business aircraft, commercial airlines, military operations, and turboprop platforms. Financially, Innovative Aerosystems shows a market cap of approximately $361 million, with revenue per share of $5.09 and a net profit margin of 18.8%. The company employs 147 people, categorized as 101-200, and emphasizes engineering excellence and customer support. With a strong focus on research and development (5.7% of revenue), the company continues to innovate, ensuring safety and efficiency in flight operations. The company's commitment to quality and reliability has earned it a reputation as a trusted partner in the aerospace industry, and its rebranding in October 2025 marks a new chapter in its mission to deliver cutting-edge avionics solutions.ExpandCollapse

Founded

1988

Employees

147

CEO

Shahram Askarpour

Full Name

Innovative Aerosystems, Inc.

Sector

Industrials

Industry

Aerospace & Defense

ROE

27.02%

Market Cap

$0.44B

Current Ratio

2.97

ROIC

16.81%

Contact Information

http://iascorp.com

610 646 9800

720 Pennsylvania Drive, Exton, PA 19341-1129

Key Metrics of ISSC

Snapshot

Latest / TTM · 6 periods

Market Cap

$443.54M

ROCE

20.2%

EV / EBITDA

16.20x

-3.0% YoY

FCF Yield

3.2%

+0.1% YoY

Cash Conversion Cycle

257.8d

Current Ratio

2.97

Quick take

TTM —

Positive CCC

Financial Highlights of ISSC

Profitability trend

Latest / TTM · 6 periods

Gross Margin

53.7%

Net Margin

20.5%

P/E Ratio

23.16x

n/a

Debt / Equity

0.70

n/a

Current Ratio

2.97

Dividend Yield

0.0%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of ISSC

Upcoming

Sep 30, 2026In 26 days
FY2026 · Estimated annual results
Est. EPS $0.92 · Revenue $91.75M · 1 analysts
Dec 30, 2026
Q1 FY2027 · Estimated results
Est. EPS $0.22 · Revenue $23.80M · 4 analysts
Mar 30, 2027
Q2 FY2027 · Estimated results
Est. EPS $0.24 · Revenue $25.36M · 1 analysts
Jun 30, 2027
Q3 FY2027 · Estimated results
Est. EPS $0.28 · Revenue $26.28M · 1 analysts

Recent history

Aug 13, 2026
Q3 FY2026 · Results reported
EPS $0.25 · Revenue $26.73M
View filing
May 15, 2026
Q2 FY2026 · Results reported
EPS $0.19 · Revenue $22.37M
View filing
Feb 13, 2026
Q1 FY2026 · Results reported
EPS $0.22 · Revenue $21.81M
View filing
Dec 23, 2025
FY2025 · Annual results
EPS $0.88 · Revenue $84.30M
View filing
Aug 14, 2025
Q3 FY2025 · Results reported
EPS $0.14 · Revenue $24.14M
View filing
May 15, 2025
Q2 FY2025 · Results reported
EPS $0.30 · Revenue $21.94M
View filing

Financial Statements of ISSC

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$84.3M	+78.6%	+19.5%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$15.6M	+123.3%	+30.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+45.4%	-17.3%	+1.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+23.8%	+16.3%	+2.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+18.5%	+25.0%	+9.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$6.8M	+32.2%	+592.0%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+8.1%	-26.0%	+478.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	37.4%	-37.8%	-7.6%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	3.04x	-36.2%	-8.0%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$103.4M	+25.5%	+7.0%

Actual vs Estimate

A Sep 30Q Jun 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	0.88 vs 0.61	+44.9%	0.25 vs 0.22	+15.4%
Revenue Surprise	$84.3M vs $80.1M	+5.2%	$26.7M vs $24.0M	+11.5%

Insider Transactions of ISSC

Acquisitions (A)

Since Apr 16, 2026

Disposals (D)

Since Apr 16, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Jul 14, 2026	DiGiovanni Jeffrey	officer: Chief Financial Officer	Performance Stock Units	A	21,793	—
Jul 14, 2026	Askarpour Shahram	director, officer: Chief Executive Officer	Performance Stock Units	A	68,966	—
Jul 8, 2026	DiGiovanni Jeffrey	officer: Chief Financial Officer	Common Stock	D	749	$18.31
Jun 30, 2026	DiGiovanni Jeffrey	officer: Chief Financial Officer	Common Stock	D	910	$18.00
May 20, 2026	BRESSNER GLEN R	director	Common Stock	A	6,300	$15.93

Earnings Call Transcript of ISSC

1 transcript segments

Q3 2026

Unknown Speaker

Operator: Greetings, and welcome to Innovative Aerospace Systems. Third Quarter 26 Results Conference Call. At this time, all participants are on a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Paul Bartolai. Thank you. You may begin. Paul Bartolai: Thank you. Good morning, everyone. And welcome to Innovative Aerospace Systems Third Quarter Fiscal 26 Results Conference Call. Leading the call today are our CEO, Shahram Askarpour and CFO, Jeffrey DiGiovanni. This morning, we issued a press release detailing our fiscal 26 third quarter operational and financial results. This release is publicly available in the Investor Relations section of our corporate website at www.iascorp.com. I would like to remind you that management's commentary and responses to questions on today's conference call may include forward looking statements. Which by their nature are uncertain and outside of the company's control. Although these forward looking statements are based on management's current expectations and beliefs, actual results could differ materially. Our management believes that these forward looking statements are reasonable. However, you should not place undue reliance on any such forward looking statements because such statements speak only as of today's date. We do not undertake any obligations to publicly update or revise any forward looking statements. Whether as a result of new information, future events, or otherwise. Except as required by law. In addition, forward looking statements are subject to certain risks and uncertainties that could cause actual results events, and developments to differ materially from our historical experience. And our present expectations or projections. These risks and uncertainties include, are not limited to, those described in the reports which we file with the SEC. For a discussion of some of the factors that could cause actual results to differ, please refer to the risk factors section of our latest reports filed with the SEC. During the call, we will reference certain non GAAP financial measures. Reconciliation of these measurements to the most directly comparable measured calculated in accordance with GAAP is provided in the press release. Which is also available on our website. Today's call will begin with prepared remarks from Sharam, who will provide a review of our recent business performance, and an update on our strategic framework followed by a financial update from Jeffrey. At the conclusion of these prepared remarks, we will open the line for your questions. Shahram Askarpour: And with that, I will turn the call over to Thank you, Paul, and good morning to everyone joining us on the call today. During the third quarter, the IA team delivered another strong operational and financial performance …

Leadership Team of ISSC

3 executives

Name	Title	Compensation	Gender	Year Born	Status
Shahram Askarpour	President, Chief Executive Officer & Director	USD 1,289,750	—	1957	Active
Jeffrey DiGiovanni	Chief Financial Officer	USD 614,250	Male	1978	Active
Larry Riddle	Vice President of Sales & Marketing	—	Male	—	Active

Recent News of ISSC

Seeking Alpha8/13/2026Neutral

Innovative Aerosystems, Inc. (ISSC) Q3 2026 Earnings Call Transcript

MarketBeat8/13/2026Neutral

Innovative Solutions and Support Q3 Earnings Call Highlights

Innovative Solutions and Support NASDAQ: ISSC, which referred to itself as Innovative Aerosystems during its fiscal third-quarter conference call, reported higher revenue, earnings and cash flow as commercial aviation and business-jet demand helped offset a difficult comparison in its F-16 business.

Zacks Investment Research8/13/2026Neutral

Innovative Solutions and Support, Inc. (ISSC) Q3 Earnings and Revenues Beat Estimates

Innovative Solutions and Support, Inc. (ISSC) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.14 per share a year ago.

GuruFocus8/13/2026Neutral

Innovative Aerosystems Reports Third Quarter Fiscal 2026 Results

Innovative Solutions and Support, Inc. (Nasdaq: ISSC) dba Innovative Aerosystems and its subsidiaries (âIAâ) or the "Company",a leading provider of advanced a

Business Wire8/13/2026Neutral

Innovative Aerosystems Reports Third Quarter Fiscal 2026 Results

EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (Nasdaq: ISSC) dba Innovative Aerosystems and its subsidiaries (“IA”) or the "Company", a leading provider of advanced avionic solutions for commercial, business, and military aviation markets, today announced its fiscal 2026 third quarter financial results for the three-month period ended June 30, 2026. THIRD QUARTER FISCAL 2026 HIGHLIGHTS (all comparisons versus the prior year period) Net sales of $26.7 million, +10.7% Gros.

Historical Employee Count of ISSC

Current

147

Change

+10.53%

Minimum

Maximum

147

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Sep 30, 2025	147	10-K	Dec 23, 2025	View
Sep 30, 2024	133	10-K	Dec 30, 2024	View
Sep 30, 2023	95	10-K	Jan 12, 2024	View
Sep 30, 2022	79	10-K	Dec 16, 2022	View
Sep 30, 2021	83	10-K	Dec 22, 2021	View

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Innovative Aerosystems, Inc.