Innovative Aerosystems (ISSC) Financial Statements & Analysis

Innovative Aerosystems (ISSC) Income Statement

Innovative Aerosystems reported revenue of $84.30M in fiscal 2025 (fiscal year ended Sep 30, 2025), up 78.6% from $47.20M a year earlier. Net income was $15.63M, up 123.3% year over year, a net margin of 18.5%. Gross margin was 45.4% and operating margin 23.8%. In the most recent quarter, Q3 fiscal 2026 (ended Jun 30, 2026), revenue was $26.73M, up 10.7% from the same quarter a year earlier.

Innovative Aerosystems Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Innovative Aerosystems, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017
Revenue & Gross Profit
Revenue	84.30	47.20	34.81	27.74	23.04	21.60	17.57	13.85	16.79
Cost of Revenue	46.00	21.28	13.50	11.07	10.26	9.79	7.68	7.31	8.67
Gross Profit	38.30	25.91	21.31	16.67	12.78	11.80	9.90	6.54	8.12
Operating Expenses
Research & Development	3.99	4.14	3.13	2.71	2.62	2.96	2.49	3.58	4.46
Selling, General & Administrative	14.23	12.11	10.82	6.75	6.26	6.10	5.88	6.67	3.74
Operating Expenses	18.22	16.25	13.95	9.46	8.88	9.06	8.37	10.25	8.20
Operating Income	20.07	9.66	7.36	7.22	3.90	2.75	1.53	-3.71	-0.08
Other Income/Expense
Interest Income	0.02	0.13	0.52	0.06	0.00	0.15	0.25	0.05	0.04
Interest Expense	1.73	0.94	0.39	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	-0.12	-0.81	0.28	0.07	0.08	0.22	0.32	0.12	4.89
Income
Income Before Tax	19.95	8.85	7.64	7.34	3.98	2.96	1.85	-3.59	4.82
Income Tax Expense	4.32	1.85	1.61	1.82	-1.09	-0.31	0.00	0.06	0.25
Net Income	15.63	7.00	6.03	5.52	5.06	3.27	1.85	-3.65	4.57
Net Income - Continuous Operations	15.63	7.00	6.03	5.52	5.06	3.27	1.85	-3.65	4.57
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	25.41	11.89	8.73	7.71	4.33	3.18	1.98	-3.28	0.37
EBIT	20.07	9.79	8.03	7.34	3.90	-	-	-	-
Depreciation & Amortization	3.73	2.10	0.70	0.37	0.43	0.43	0.45	0.44	0.45
Earnings Per Share
Basic EPS	1.00	-	-	-	-	-	-	-	-
Diluted EPS	1.00	-	-	-	-	-	-	-	-
Basic Shares Outstanding	17.57	17.46	17.41	17.26	17.23	16.94	16.87	16.61	16.74
Diluted Shares Outstanding	17.83	17.48	17.42	17.26	17.23	17.11	16.94	16.81	16.86

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Innovative Aerosystems Financial Statements

What was Innovative Aerosystems's revenue in fiscal 2025?

Innovative Aerosystems reported revenue of $84.30M in fiscal 2025 (fiscal year ended Sep 30, 2025). That was up 78.6% from $47.20M a year earlier.

Is Innovative Aerosystems profitable?

Yes. Innovative Aerosystems earned net income of $15.63M in fiscal 2025, a net margin of 18.5%. In fiscal 2024 it earned $7.00M.

What is Innovative Aerosystems's operating margin?

Innovative Aerosystems's operating income was $20.07M on revenue of $84.30M in fiscal 2025, an operating margin of 23.8%, compared with 20.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition