INNOVATIVE SOLUTIONS & SUPPORT INC

For the period ended Sep 30, 2025. Filed Dec 23, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Dec 23, 2025

IA$21.30+9.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations


· · For the Fiscal Year Ended September 30,
· · 2025 · · 2024 · · 2023
Net Sales:
Product	$54,080,207	$24,279,918	$22,589,657
Services	30,216,682	22,918,102	12,218,856
Total net sales	84,296,889	47,198,020	34,808,513

Cost of sales:
Product	27,448,167	10,570,521	9,715,517
Services	16,336,841	10,713,908	3,781,925
Total cost of sales	43,785,008	21,284,429	13,497,442

Gross profit	40,511,881	25,913,591	21,311,071

Operating expenses:
Research and development	3,992,086	4,137,985	3,129,518
Selling, general and administrative	16,447,805	12,114,069	10,822,505
Total operating expenses	20,439,891	16,252,054	13,952,023

Operating income	20,071,990	9,661,537	7,359,048

Interest expense	(1,725,205)	(937,309)	(393,281)
Interest income	18,943	127,332	518,188
Other income	1,585,735	—	151,317
Income before income taxes	19,951,463	8,851,560	7,635,272

Income tax expense	4,323,803	1,853,180	1,607,517

Net income	$15,627,660	$6,998,380	$6,027,755

Net income per common share:
Basic	$0.89	$0.40	$0.35
Diluted	$0.88	$0.40	$0.35

Weighted average shares outstanding:
Basic	17,572,980	17,459,823	17,411,684
Diluted	17,829,033	17,480,247	17,419,185

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.