IA · XBRL financial data

Innovative Solutions and Support financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (IA's year ends in late September)

In thousands of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Cost of goods and services sold	9,793	10,263	11,066	13,497	21,284	43,785
Gross profit	11,802	12,782	16,674	21,311	25,914	40,512
Research and development	2,956	2,623	2,705	3,130	4,138	3,992
Selling, general and administrative	6,101	6,258	6,754	10,823	12,114	16,448
Total operating expenses	9,057	8,881	9,459	13,952	16,252	20,440
Operating income (loss)	2,745	3,901	7,215	7,359	9,662	20,072
Interest income	155	1	61	518	127	19
Interest expense	—	—	—	393	937	1,725
Other income (expense)	60	75	65	151	—	1,586
Income tax expense (benefit)	(309)	(1,088)	1,818	1,608	1,853	4,324
Net income (loss)	3,270	5,065	5,524	6,028	6,998	15,628
Earnings per share, basic USD per share	0.19	0.29	0.32	0.35	0.40	0.89
Earnings per share, diluted USD per share	0.19	0.29	0.32	0.35	0.40	0.88
Weighted average shares, basic thousands of shares	16,939	17,225	17,257	17,412	17,460	17,573
Weighted average shares, diluted thousands of shares	17,114	17,227	17,258	17,419	17,480	17,829

Fiscal years (IA's year ends in late September)

In thousands of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Cash and cash equivalents	12,604	8,266	17,251	3,097	539	2,694
Accounts receivable	4,369	4,046	4,297	9,744	12,612	12,956
Inventory	4,291	4,545	5,349	6,140	12,732	25,802
Prepaid and other current assets	675	833	1,142	1,073	1,161	1,392
Total current assets	33,120	17,690	28,202	34,674	34,686	50,727
Property and equipment, net	8,176	8,143	6,292	7,892	13,372	18,805
Right-of-use asset	45	43	29	15	2	—
Goodwill	—	—	—	3,558	5,213	6,703
Total assets	41,546	27,086	34,705	62,957	82,382	103,360
Accounts payable	791	624	709	1,337	2,315	3,578
Accrued liabilities	1,362	1,431	2,972	2,918	4,609	8,162
Current portion of long-term debt	—	—	—	2,000	—	2,439
Total current liabilities	13,647	2,472	3,940	6,399	7,265	16,661
Long-term debt	—	—	—	17,500	28,027	21,700
Lease liability, non-current	—	29	15	2	—	—
Total liabilities	13,777	2,501	3,955	24,320	35,744	38,758
Retained earnings (accumulated deficit)	(2,341)	(5,883)	(359)	5,669	12,667	28,295
Total stockholders' equity	27,769	24,585	30,750	38,637	46,639	64,603
Total liabilities and equity	41,546	27,086	34,705	62,957	82,382	103,360
Common shares outstanding (cover page) thousands of shares	17,214	17,246	17,316	17,454	17,536	17,752

Fiscal years (IA's year ends in late September)

In thousands of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Net income (loss)	3,270	5,065	5,524	6,028	6,998	15,628
Stock-based compensation	—	—	—	1,450	1,003	2,336
Depreciation and amortization	434	432	368	698	2,098	3,734
Net cash from operating activities	2,192	4,592	6,094	2,096	5,796	13,303
Purchases of property and equipment	119	341	161	298	658	6,512
Net cash from investing activities	(119)	(341)	2,589	(36,158)	(16,881)	(6,512)
Dividends paid	19,788	19,788	—	—	—	—
Net cash from financing activities	(705)	(19,771)	301	19,909	8,527	(4,637)
Net change in cash	1,368	(15,519)	8,985	(14,153)	(2,558)	2,155

SIC 7371 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7371 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Innovative Solutions & Support	10,695	not reported	5,090*	17.9M	—	Q3 FY26 10-QJun 30, 2026
Firy	163,991	30,992	(17,916)*	not reported	9.2 quarters	Q2 FY26 10-QJun 30, 2026
WM Technology	60,499	42,446	8,207*	not reported	—	Q2 FY26 10-QJun 30, 2026
Liveperson	96,671	52,496	1,242*	12.3M	—	Q2 FY26 10-QJun 30, 2026
CareCloud	13,395	31,880	7,073*	42.5M	—	Q2 FY26 10-QJun 30, 2026
Cardlytics	28,039	36,882	(8,597)*	5.9M	3.3 quarters	Q2 FY26 10-QJun 30, 2026
Marchex	8,151	11,002	(649)*	not reported	12.6 quarters	Q2 FY26 10-QJun 30, 2026
VPR Brands	2,136	704	(538)*	91.7M	4.0 quarters	Q2 FY26 10-QJun 30, 2026
FingerMotion	2,136	281	(1,145)*	91.9M	1.2 quarters	Q2 FY27 10-QAug 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.