Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
Price updated todayFinancials updated Oct 23, 2026
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IA · Price history
Price at last available close
$20.74
+$2.01 (+10.73%) 1M
2026-10-28
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Primary reporting period: 2025-09-30 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Innovative Solutions & Support, Inc. engages in the manufacture of flight navigation systems. It designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. It supplies integrated flight management systems, flat panel display systems, integrated standby units, and global positioning system receivers.
How they make money
Innovative Aerosystems operates as a vertically integrated provider of advanced avionics solutions. The company generates revenue by designing, engineering, manufacturing, certifying, and supporting flight display systems, flight management systems, and other avionics hardware for commercial, business, and military aviation markets.
Products & services
Advanced avionics solutions including flight displays, flight management systems, air data systems, and integrated cockpit solutions for commercial, military, and business aircraft.
Brands & revenue mix
Innovative Aerosystems
Primary brand under which the company conducts its avionics business.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
Electronic components and raw material suppliers — The company relies on various third-party suppliers for electronic components and raw materials used in the manufacturing of its avionics products; specific supplier names are not disclosed.Source
Business relationships & partnerships
Honeywell — The company acquired a license for Honeywell's display generator and flight control computer product line to strengthen its position in the military market.Source
Strengths
Vertical integration in engineering and manufacturingSource
Overall investment score · Quality, value, risk and opportunity
37
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
80
Strong
Financial Strength
76
Management
100
Growth Quality
51
Risk / Durability
97
Great Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Model Outlook
12-month model · What does the model think happens next?
Outperformance analysis is not currently available.
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
A current Opportunity Score is not available.
The 12-month model outlook is not currently available.
What we like
•Balance-sheet / debt profile scores strongly
What to watch
•Valuation is a weaker part of the current profile
Company-specific research
Questions worth answering for IA
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can IA maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•Is IA's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•Is IA's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What future growth or profitability would be needed to justify IA's current valuation?
•What does the current none warning mean for the reliability or interpretation of IA's score?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for IA
Detected from reported data — verify before acting.
Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on IA.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Vertical integration in engineering and manufacturing.
+Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Aerospace & Defense industry.
−Dependence on a limited number of customers.
−Risks associated with government contracting and military programs.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Weak37/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Strong
74
Debt Cost7.1%
Debt Reduction YoY—
Debt / Equity0.37x
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Revenue
—
Revenue YoY10.5%
Revenue CAGR—
Net Margin20.5%
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Asset
—
Asset Growth YoY—
Liquidation/Share$4.33
Net Assets/MCap0.27x
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Capital
Poor
23
Earnings Yield5.6%
Buyback Yield0.0%
Debt Cost7.1%
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Management
Elite
100
ROIC13.0%
ROE24.7%
ROA12.9%
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Moat
—
EPS Growth—
FCF/Share Growth—
Rev/Share Growth—
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Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
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Buffett
—
Revenue—
Moat—
Valuation0
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MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
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Financial
Weak
45
Interest Coverage11.6x
ROIC13.0%
FCF Yield2.0%
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Master
—
Financial45
Valuation0
Debt74
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Resilience
Fair
56
Survival Years0.3 yrs
Current Ratio3.04x
FCF Margin8.1%
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Score Changes
3 historical score records available
Previous Score
37
Oct 1, 2026
Change
-0.1
points
Current Score
37
Oct 23, 2026
Category Changes
Debt0
Capital-1.0
Management0
Valuation0
IA decreased 0.1 points because some fundamentals weakened.
Price vs. Value
Valuation unavailable
Current Price
$20.74
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
Revenue
$93.2M
$84.3M
Cost of Revenue
$42.0M
$43.8M
Gross Profit
$51.2M
$40.5M
Research & Development
$6.1M
$4.0M
SG&A Expenses
$19.3M
$16.4M
Operating Expenses
$25.7M
$20.4M
EBITDA
$31.6M
$25.4M
Operating Income
$25.5M
$20.1M
Interest Expense
$2.5M
$1.7M
Income Before Tax
$24.6M
$20.0M
Income Tax Expense
$5.5M
$4.3M
Net Income
$19.1M
$15.6M
Basic EPS
$1.07
$0.89
Basic Shares
17.96M
17.57M
Diluted Shares
18.27M
17.83M
EarningsShare
Earnings Summary
Estimated earnings date:Dec 17, 2026
Estimated EPS: $0.27Estimated revenue: $28.7M
Jun 30, 2026Q3FY2026
Revenue
$26.7M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.25
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-1.1%
Cash Change
+58.1%
Margin Change
+1.4 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Cash position grew
Debt reduced
Potential Score Impact
Positive indicators included revenue growth, EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 19.5%. EPS increased 31.6%. Cash increased 58.1%. Total debt declined 1.1%. Net income margin improved by 1.4 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
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Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.