Earnings ·
Innovative Solutions and Support reported fiscal third quarter results for the period ended June 30, 2026, with net…
ISSCInnovative Solutions & Support Inc
Innovative Solutions and Support reported fiscal third quarter results for the period ended June 30, 2026, with net sales of $26.7 million, a 10.7% increase year-over-year. The company generated gross profit of $13.8 million (51.7% margin) and net income of $4.5 million, or $0.25 per diluted share. Adjusted net income was $6.0 million ($0.33 per diluted share), and adjusted EBITDA rose 74.7% to $7.7 million. Operating cash flow for the first nine months reached $15.5 million, yielding free cash flow of $12.3 million. The company completed its acquisition of Aydin Displays in July 2026 and announced a ticker symbol change to 'IA'. Backlog stood at $82.9 million with new orders of $22.7 million for the quarter. Innovative Aerosystems is a provider of advanced avionic solutions for commercial, business, and military aviation markets.