ISSC Financials Innovative Solutions & Support Inc
9 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 31.3% per year over the past 5 years.
Net income has grown faster than revenue (36.7% vs 31.3% per year).
Operating margin has expanded, at 23.8% in the latest year.
Free cash flow has grown 9.8% per year over the past 5 years.
Financial health
Total debt ($24M) exceeds cash ($3M); net debt is $22M.
Total debt has grown slower than revenue (11.8% vs 31.3% per year).
Operating income covered interest expense 12× in the latest year.
Total debt is 1.0× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$84M
$16M
48.1%
23.8%
$7M
$24M
$3M
2024
$47M
$7M
54.9%
20.5%
$5M
$28M
$538977
2023
$35M
$6M
61.2%
21.1%
$2M
$20M
$3M
2022
$28M
$6M
60.1%
26.0%
$6M
—
$17M
2021
$23M
$5M
55.5%
16.9%
$4M
—
$8M
2020
$22M
$3M
54.7%
12.7%
$4M
—
$13M
2019
$18M
—
56.3%
8.7%
$2M
—
$22M
2018
$14M
—
47.2%
-26.8%
-$4M
—
$20M
2017
$17M
—
48.4%
-0.5%
$6M
—
$25M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$22M
$3M
51.1%
22.1%
$666837
$55M
$7M
Dec '25
$22M
$4M
54.5%
28.9%
$7M
$24M
$8M
Sep '25
$22M
$7M
63.2%
37.0%
$2M
$24M
$3M
Jun '25
$24M
$2M
35.5%
14.6%
$4M
$23M
$601759
Mar '25
$22M
$5M
51.4%
31.8%
-$267745
$27M
$1M
Dec '24
$16M
$736192
41.4%
8.4%
$2M
$27M
$604561
Sep '24
$15M
$3M
55.4%
28.4%
$299468
$28M
$538977
Jun '24
$12M
$2M
53.4%
17.3%
$730773
—
$521041
Mar '24
$11M
$1M
52.0%
15.3%
$75374
—
$574079
Dec '23
$9M
$1M
59.3%
17.4%
$4M
—
$467334
Sep '23
$13M
$3M
62.4%
28.1%
$1M
$20M
$3M
Jun '23
$8M
$1M
59.5%
18.7%
-$1M
$20M
$3M
Mar '23
$7M
$1M
64.6%
19.4%
$348115
—
$20M
Dec '22
$7M
$698651
57.1%
12.1%
$2M
—
$19M
Sep '22
$7M
$2M
61.5%
31.6%
-$325931
—
$17M
Jun '22
$7M
$1M
58.5%
24.3%
$3M
—
$15M
Mar '22
$7M
$1M
61.1%
26.4%
$2M
—
$12M
Dec '21
$7M
$1M
59.3%
21.3%
$1M
—
$10M
Sep '21
$7M
—
57.6%
27.1%
$782743
—
$8M
Jun '21
$6M
—
54.3%
19.3%
$1M
—
$7M
Valuation over time
How the market has priced ISSC against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 23.7× (Mar '23) to 19.5× (Jun '26).
The price-to-sales ratio has fallen from 4.7× (Mar '23) to 3.6× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is ISSC growing its revenue and profit?
Over the past 5 years, Innovative Solutions & Support Inc's revenue has grown 31.3% per year, and net income grown 36.7% per year. These are computed facts, not advice.
How much debt does ISSC have?
As of FY2025, Innovative Solutions & Support Inc reported $24M of total debt against $3M of cash; operating income covered interest expense 12×.
What is ISSC's profit margin?
In FY2025, gross margin was 48.1%, operating margin 23.8%, and net margin 18.5%.
What is ISSC's P/E ratio?
As of Jun '26, Innovative Solutions & Support Inc traded at a price-to-earnings ratio of about 19.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.