Updated
INNOVATIVE SOLUTIONS & SUPPORT INCIA · Industrials
$20.99-1.46%
Market cap$376M
IndustryAerospace & Defense

INNOVATIVE SOLUTIONS & SUPPORT INC (IA) Stock

INNOVATIVE SOLUTIONS & SUPPORT INC's price implies about 18% free cash flow growth a year.

Key numbers

P/E (trailing)
19.8x
P/E (forward)
21.2x
Price / free cash flow
26.3x
EV / EBITDA
13.4x
Revenue growth
+20.3%
Operating margin
27.4%
Dividend yield
—
Debt / equity
0.70x

What INNOVATIVE SOLUTIONS & SUPPORT INC's price implies

From a reverse DCF on INNOVATIVE SOLUTIONS & SUPPORT INC's SEC filings.

Free cash flow growth the price needs
18% a year for 10 years
Free cash flow, last 9 years
8.7%a year
Revenue, same period
13.0%a year

At a market value of $376M, INNOVATIVE SOLUTIONS & SUPPORT INC's free cash flow of $7M (fiscal 2025) would need to grow about 18% a year for the stock to be worth today's price. That is faster than the company has grown its free cash flow over the last 9 years. A 9% discount rate and 3% growth after year 10 (how it works). Change them in the Modeling tab or the reverse DCF calculator.

Revenue and free cash flow

Fiscal years, from INNOVATIVE SOLUTIONS & SUPPORT INC's 10-K filings.

INNOVATIVE SOLUTIONS & SUPPORT INC revenue and free cash flow

FY2016–FY2025
IARevenue$84MIAFree cash flow$7M
INNOVATIVE SOLUTIONS & SUPPORT INC revenue and free cash flow-$25M$0B$25M$50M$75M$100M2016201720182019202020212022202320242025$84M$7M

Results from SEC filings

All three statements · Quarters, TTM and 20+ years of statements in Investingly

INNOVATIVE SOLUTIONS & SUPPORT INC (IA) revenue, net income, free cash flow, EPS and operating margin by fiscal year
Fiscal year20212022202320242025
Revenue$23M$28M$35M$47M$84M
Net income$5M$6M$6M$7M$16M
Free cash flow$4M$6M$2M$5M$7M
EPS (diluted)$0.29$0.32$0.35$0.40$0.88
Operating margin16.9%26.0%21.1%20.5%23.8%

Where the revenue comes from

By products, fiscal 2025. By year

Product$54M64%
Services$30M36%

Superinvestors who own IA

From each investor's latest 13F filing (what a 13F shows).

None of the superinvestors we track held IA in their latest 13F.

INNOVATIVE SOLUTIONS & SUPPORT INC insider buying

Open-market purchases by executives and directors in the last 12 months, from SEC Form 4 filings (what insider buying tells you).

No open-market insider purchases of IA in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

Fundamental grade

B

Five factors scored 1 to 9 from IA's latest numbers. It describes the business, not whether the stock is a buy.

Valuation5
Profitability8
Growth8
Financial health6
Cash efficiency4

Get an alert at your buy price

$

Free accounts get 3 price alerts.

How INNOVATIVE SOLUTIONS & SUPPORT INC compares

INNOVATIVE SOLUTIONS & SUPPORT INC's P/E is higher than 31% of Industrials companies and 52% of the 2,509 companies with a P/E figure.

INNOVATIVE SOLUTIONS & SUPPORT INC (IA) percentile ranks: share of companies with a lower figure
Higher thanIndustrialsAll stocks
P/E31%52%
P/FCF62%73%
Revenue growth77%74%
Operating margin93%86%
ROE82%85%

Questions about INNOVATIVE SOLUTIONS & SUPPORT INC

What growth does INNOVATIVE SOLUTIONS & SUPPORT INC's stock price imply?

At a market value of $376M, INNOVATIVE SOLUTIONS & SUPPORT INC would need its free cash flow to grow about 18% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew 9% a year.

Are INNOVATIVE SOLUTIONS & SUPPORT INC insiders buying the stock?

No open-market insider purchases of IA in the last 12 months, according to SEC Form 4 filings.

Prices and ratios as of Nov 10, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.

Investingly

Better research starts here.

Every filing, chart and insider trade behind INNOVATIVE SOLUTIONS & SUPPORT INC and thousands of other companies, in one place. Free to start.