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Innovative Aerosystems share price

Innovative Aerosystems, Inc. · ISSC · Industrials · Aerospace & Defense · last close in our records 17 August 2026 · results updated weekly · All US stock lists

Innovative Aerosystems share price: $24.78 at the close on 17 August 2026, the latest close in our records, +81.1% in a year.

MixedBusiness trend from the last 12 quarters
$24.78Price +81.1% in a year
18.7×P/E over 1 year
$22.4 MRevenue (Mar 2026) +2.0% on a year ago
$3.4 MProfit (Mar 2026) −35.6% on a year ago
22.1%Operating margin −9.7 points on a year ago
24%ROE FY25
17.0%ROIC against a 7.0% cost of capital: +10.0 points

Innovative Aerosystems, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: yearly earnings per share moved +120.0% while the share price moved +81.1%.

The price has been between phases. Over the last four quarters, results have been deteriorating, with profit −35.6% on a year earlier, and 74% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.

What is the Innovative Aerosystems share price?

Innovative Aerosystems, Inc.'s share price was $24.78 at the close on 17 August 2026. That is 31.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $9 and $29, and at that close it sat 81% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row.

Aug 2026: $24.78, 31.9% above its 200-day average.

  • Price $24.78
  • 50-day avg $18.74
  • 200-day avg $18.78
Aug 2026: $24.78, 31.9% above its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$13.52––
18 Jul 2025$16.13––
25 Jul 2025$15.47––
1 Aug 2025$15.51––
8 Aug 2025$17.66––
15 Aug 2025$13.68––
22 Aug 2025$14.23––
29 Aug 2025$12.95––
5 Sep 2025$11.62––
12 Sep 2025$11.15––
19 Sep 2025$11.40$14.22–
26 Sep 2025$11.85$13.94–
3 Oct 2025$12.06$13.61–
10 Oct 2025$11.51$13.28–
17 Oct 2025$10.62$12.74–
24 Oct 2025$10.17$12.04–
31 Oct 2025$9.40$11.66–
7 Nov 2025$8.83$11.19–
14 Nov 2025$8.54$10.85–
21 Nov 2025$8.94$10.57–
28 Nov 2025$9.74$10.45–
5 Dec 2025$10.22$10.24–
12 Dec 2025$11.16$10.10–
19 Dec 2025$16.61$10.18–
26 Dec 2025$19.40$10.77–
2 Jan 2026$18.75$11.42–
9 Jan 2026$18.41$12.26–
16 Jan 2026$22.18$13.44–
23 Jan 2026$21.64$14.45–
30 Jan 2026$18.49$15.56–
6 Feb 2026$19.59$16.61–
13 Feb 2026$19.83$17.63–
20 Feb 2026$24.32$18.69–
27 Feb 2026$25.94$20.10–
6 Mar 2026$26.19$21.44–
13 Mar 2026$27.71$22.40–
20 Mar 2026$28.66$23.45–
27 Mar 2026$21.50$24.02–
2 Apr 2026$22.52$23.96–
10 Apr 2026$25.17$24.22–
17 Apr 2026$21.97$24.62–
24 Apr 2026$19.90$24.74$16.67
1 May 2026$21.31$24.64$16.83
8 May 2026$21.36$24.26$16.96
15 May 2026$16.27$23.42$17.06
22 May 2026$16.41$22.15$17.05
29 May 2026$17.24$21.18$17.02
5 Jun 2026$17.30$20.08$17.09
12 Jun 2026$18.48$19.78$17.20
18 Jun 2026$17.21$19.37$17.28
26 Jun 2026$17.89$18.59$17.41
2 Jul 2026$18.39$18.33$17.55
10 Jul 2026$18.85$18.15$17.73
17 Jul 2026$18.46$17.90$17.88
24 Jul 2026$19.14$17.68$18.05
31 Jul 2026$18.29$17.80$18.21
7 Aug 2026$20.17$18.20$18.44
14 Aug 2026$23.00$18.61$18.70
17 Aug 2026$24.78$18.74$18.78
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 21 of 46 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−19.6%
17 Oct 2025−40.0%
24 Oct 2025−40.6%
31 Oct 2025−49.1%
7 Nov 2025−55.3%
14 Nov 2025−42.0%
21 Nov 2025−39.3%
28 Nov 2025−30.7%
5 Dec 2025−18.0%
12 Dec 2025−3.6%
19 Dec 2025+43.2%
26 Dec 2025+59.4%
2 Jan 2026+53.4%
9 Jan 2026+53.7%
16 Jan 2026+104.7%
23 Jan 2026+111.0%
30 Jan 2026+95.2%
6 Feb 2026+118.9%
13 Feb 2026+130.7%
20 Feb 2026+167.4%
27 Feb 2026+165.9%
6 Mar 2026+158.2%
13 Mar 2026+151.2%
20 Mar 2026+77.3%
27 Mar 2026+19.0%
2 Apr 2026+24.1%
10 Apr 2026+38.8%
17 Apr 2026−3.6%
24 Apr 2026−11.6%
1 May 2026+11.1%
8 May 2026+2.2%
15 May 2026−26.4%
22 May 2026−40.7%
29 May 2026−43.8%
5 Jun 2026−43.6%
12 Jun 2026−45.3%
18 Jun 2026−55.1%
26 Jun 2026−31.8%
2 Jul 2026−31.9%
10 Jul 2026−36.2%
17 Jul 2026−20.6%
24 Jul 2026−7.3%
31 Jul 2026−17.8%
7 Aug 2026−10.4%
14 Aug 2026+36.3%
17 Aug 2026+46.9%
Each bar is one week, from 2025 to now (46 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved +83% while the S&P 500 moved +24%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Innovative Aerosystems pay?

Innovative Aerosystems, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Innovative Aerosystems on?

Innovative Aerosystems is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Innovative Aerosystems profitable?

Innovative Aerosystems, Inc. earned $3.4 M of net profit in the Mar 2026 quarter, −35.6% on the same quarter a year earlier. Full-year FY25 profit was $15.6 M. Over 4 years profit has grown 32.5% a year on average. That is 15.4% of the quarter's revenue. The same quarter a year earlier earned $5.3 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY25 profit was $15.6 M (+123.3% on the year before).

FY25 profit $15.6 M (+123.3% on the year before), 32.5% a year over 4 years

  • Net profit $15.6 M
FY25 profit $15.6 M (+123.3% on the year before), 32.5% a year over 4 years
QuarterNet profit
FY21$5.1 M
FY22$5.5 M
FY23$6.0 M
FY24$7.0 M
FY25$15.6 M

Growth on a year earlier

  • Growth on a year earlier 123.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY229.1%
FY239.1%
FY2416.1%
FY25123.3%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Mar 2026: $3.4 M (−35.6% on a year earlier)

  • Net profit (quarterly) $3.4 M
Mar 2026: $3.4 M (−35.6% on a year earlier)
QuarterNet profit (quarterly)
Jun 2023$1.4 M
Sep 2023$2.6 M
Dec 2023$1.1 M
Mar 2024$1.2 M
Jun 2024$1.6 M
Sep 2024$3.2 M
Dec 2024$0.7 M
Mar 2025$5.3 M
Jun 2025$2.4 M
Sep 2025$7.1 M
Dec 2025$4.1 M
Mar 2026$3.4 M

Growth on a year earlier

  • Growth on a year earlier −35.6%
Growth on a year earlier
QuarterGrowth on a year earlier
Jun 20234.7%
Sep 202364.5%
Dec 202351.2%
Mar 2024−5%
Jun 20249.1%
Sep 202420.7%
Dec 2024−30.4%
Mar 2025341.7%
Jun 202557.4%
Sep 2025123.6%
Dec 2025451.5%
Mar 2026−35.6%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +2.0% on a year earlier and the margin moved −9.7 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +149.2% and revenue +47.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

How much revenue does Innovative Aerosystems make, and is it growing?

Innovative Aerosystems, Inc. reported $22.4 M of revenue in the Mar 2026 quarter, +2.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 38.3% a year on average. The last full year, FY25, came in at $84.3 M.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $90.6 M.

FY25 revenue was $84.3 M, +78.6% on the year before.

FY25 revenue $84.3 M (+78.6% on the year before), 38.3% a year over 4 years

  • Revenue $84.3 M
FY25 revenue $84.3 M (+78.6% on the year before), 38.3% a year over 4 years
QuarterRevenue
FY21$23.0 M
FY22$27.7 M
FY23$34.8 M
FY24$47.2 M
FY25$84.3 M

Growth on a year earlier

  • Growth on a year earlier 78.6%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2220.4%
FY2325.5%
FY2435.6%
FY2578.6%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Mar 2026: $22.4 M (+2.0% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) $22.4 M
Mar 2026: $22.4 M (+2.0% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Jun 2023$8.0 M
Sep 2023$13.0 M
Dec 2023$9.3 M
Mar 2024$10.7 M
Jun 2024$11.8 M
Sep 2024$15.4 M
Dec 2024$16.0 M
Mar 2025$21.9 M
Jun 2025$24.1 M
Sep 2025$22.2 M
Dec 2025$21.8 M
Mar 2026$22.4 M

Growth on a year earlier

  • Growth on a year earlier 2%
Growth on a year earlier
QuarterGrowth on a year earlier
Jun 202314.7%
Sep 202378.9%
Dec 202342.8%
Mar 202446.3%
Jun 202447.8%
Sep 202418.4%
Dec 202471.6%
Mar 2025104.2%
Jun 2025105.2%
Sep 202544.6%
Dec 202536.6%
Mar 20262%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +47.1% on average, against 38.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +39.2%, against +48.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +57.8%, against +64.2% a year (rolling over).

How much of every $100 of sales does Innovative Aerosystems keep?

Innovative Aerosystems, Inc.'s operating margin was 22.1% in the Mar 2026 quarter, 9.7 percentage points lower than the same quarter a year ago. Across 5 years it has been between 16.9% and 26.0%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −9.7 percentage points on the year while gross margin changed −0.3 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY25: 23.8%, within a range of 16.9% to 26.0% over 5 years

  • Operating margin 23.8%
FY25: 23.8%, within a range of 16.9% to 26.0% over 5 years
QuarterOperating margin
FY2116.9%
FY2226%
FY2321.1%
FY2420.5%
FY2523.8%

Change on the year before (points)

  • Change on the year before (points) +3.3 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+9.1 pts
FY23−4.9 pts
FY24−0.6 pts
FY25+3.3 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Mar 2026: operating margin 22.1% (−9.7 points on a year earlier)

  • Operating margin 22.1%
Mar 2026: operating margin 22.1% (−9.7 points on a year earlier)
QuarterOperating margin
Jun 202318.7%
Sep 202328.1%
Dec 202317.4%
Mar 202415.3%
Jun 202417.3%
Sep 202428.4%
Dec 20248.4%
Mar 202531.8%
Jun 202514.6%
Sep 202537%
Dec 202528.9%
Mar 202622.1%

Change on a year earlier (points)

  • Change on a year earlier (points) −9.7 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Jun 2023−5.6 pts
Sep 2023−3.5 pts
Dec 2023+5.3 pts
Mar 2024−4.1 pts
Jun 2024−1.4 pts
Sep 2024+0.3 pts
Dec 2024−9.0 pts
Mar 2025+16.5 pts
Jun 2025−2.7 pts
Sep 2025+8.6 pts
Dec 2025+20.5 pts
Mar 2026−9.7 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Innovative Aerosystems' profit turning into cash?

Over the last 3 years, 74% of Innovative Aerosystems, Inc.'s reported profit came in as cash from its operations, so most of the profit is real cash. In FY25 it brought in $13.3 M of operating cash against $15.6 M of profit. After $6.5 M of spending on assets, $6.8 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $13.3 M against profit $15.6 M; 74% of 3 years' profit came in as cash

  • Operating cash $13.3 M
  • Net profit $15.6 M
  • Free cash $6.8 M
FY25: operating cash $13.3 M against profit $15.6 M; 74% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$4.6 M$5.1 M$4.3 M
FY22$6.1 M$5.5 M$5.9 M
FY23$2.1 M$6.0 M$1.8 M
FY24$5.8 M$7.0 M$5.1 M
FY25$13.3 M$15.6 M$6.8 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Mar 2026: operating cash $2.3 M = 67% of the quarter's profit

  • Operating cash (quarterly) $2.3 M
Mar 2026: operating cash $2.3 M = 67% of the quarter's profit
QuarterOperating cash (quarterly)
Jun 2023−$1.3 M
Sep 2023$1.2 M
Dec 2023$4.2 M
Mar 2024$0.2 M
Jun 2024$0.9 M
Sep 2024$0.4 M
Dec 2024$1.8 M
Mar 2025$1.3 M
Jun 2025$7.2 M
Sep 2025$3.0 M
Dec 2025$8.2 M
Mar 2026$2.3 M

Operating cash as % of profit

  • Operating cash as % of profit 67%
Operating cash as % of profit
QuarterOperating cash as % of profit
Jun 2023−90%
Sep 202344%
Dec 2023399%
Mar 202417%
Jun 202460%
Sep 202414%
Dec 2024250%
Mar 202524%
Jun 2025295%
Sep 202542%
Dec 2025201%
Mar 202667%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Innovative Aerosystems' cash go?

Innovative Aerosystems, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $7.5 M on assets over the last 3 years. Averaged over those years that is 3.0% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $7.5 M over the last 3 years.

FY25: capex $6.5 M, up from the year before

  • Capex $6.5 M
FY25: capex $6.5 M, up from the year before
QuarterCapex
FY21$0.3 M
FY22$0.2 M
FY23$0.3 M
FY24$0.7 M
FY25$6.5 M
Capital spending each year, $ M.

Mar 2026: capex $1.6 M in the quarter

  • Capex (quarterly) $1.6 M
Mar 2026: capex $1.6 M in the quarter
QuarterCapex (quarterly)
Jun 2023$0.1 M
Sep 2023$0.1 M
Dec 2023$0.2 M
Mar 2024$0.1 M
Jun 2024$0.2 M
Sep 2024$0.1 M
Dec 2024$0.3 M
Mar 2025$1.6 M
Jun 2025$3.7 M
Sep 2025$1.0 M
Dec 2025$1.1 M
Mar 2026$1.6 M

Free cash

  • Free cash $0.7 M
Free cash
QuarterFree cash
Jun 2023−$1.4 M
Sep 2023$1.0 M
Dec 2023$4.0 M
Mar 2024$0.1 M
Jun 2024$0.7 M
Sep 2024$0.3 M
Dec 2024$1.6 M
Mar 2025−$0.3 M
Jun 2025$3.5 M
Sep 2025$2.0 M
Dec 2025$7.0 M
Mar 2026$0.7 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Innovative Aerosystems' P/E ratio, and how does it compare with its own history?

Innovative Aerosystems, Inc.'s P/E is 18.7×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 18.7× against a usual —: with too little history to compare

  • P/E 26.4×
P/E 18.7× against a usual —: with too little history to compare
WeekP/E
11 Jul 202520.5×
18 Jul 202524.4×
25 Jul 202523.4×
1 Aug 202523.5×
8 Aug 202526.8×
15 Aug 202520.7×
22 Aug 202521.6×
29 Aug 202519.6×
5 Sep 202517.6×
12 Sep 202516.9×
19 Sep 202517.3×
26 Sep 202517.9×
3 Oct 202513.9×
10 Oct 202513.2×
17 Oct 202512.2×
24 Oct 202511.7×
31 Oct 202510.8×
7 Nov 202510.2×
14 Nov 20259.82×
21 Nov 202510.3×
28 Nov 202511.2×
5 Dec 202511.8×
12 Dec 202512.8×
19 Dec 202519.1×
26 Dec 202522.3×
2 Jan 202617.9×
9 Jan 202617.5×
16 Jan 202621.1×
23 Jan 202620.6×
30 Jan 202617.6×
6 Feb 202618.7×
13 Feb 202618.9×
20 Feb 202623.2×
27 Feb 202624.7×
6 Mar 202624.9×
13 Mar 202626.4×
20 Mar 202626.8×
27 Mar 202620.5×
2 Apr 202624.0×
10 Apr 202626.8×
17 Apr 202623.4×
24 Apr 202621.2×
1 May 202622.7×
8 May 202622.7×
15 May 202617.3×
22 May 202617.5×
29 May 202618.3×
5 Jun 202618.4×
12 Jun 202619.7×
18 Jun 202618.3×
26 Jun 202619.0×
2 Jul 202619.6×
10 Jul 202620.1×
17 Jul 202619.6×
24 Jul 202620.4×
31 Jul 202619.5×
7 Aug 202621.5×
14 Aug 202624.5×
17 Aug 202626.4×

Earnings per share, 12 months

  • Earnings per share, 12 months $0.94
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$0.66
3 Oct 2025$0.66
10 Oct 2025$0.66
17 Oct 2025$0.66
24 Oct 2025$0.66
31 Oct 2025$0.66
7 Nov 2025$0.66
14 Nov 2025$0.66
21 Nov 2025$0.66
28 Nov 2025$0.66
5 Dec 2025$0.66
12 Dec 2025$0.66
19 Dec 2025$0.66
26 Dec 2025$0.87
2 Jan 2026$0.87
9 Jan 2026$0.87
16 Jan 2026$0.87
23 Jan 2026$0.87
30 Jan 2026$0.87
6 Feb 2026$0.87
13 Feb 2026$0.87
20 Feb 2026$0.87
27 Feb 2026$0.87
6 Mar 2026$0.87
13 Mar 2026$0.87
20 Mar 2026$0.87
27 Mar 2026$1.05
2 Apr 2026$1.05
10 Apr 2026$1.05
17 Apr 2026$1.05
24 Apr 2026$1.05
1 May 2026$1.05
8 May 2026$1.05
15 May 2026$1.05
22 May 2026$1.05
29 May 2026$1.05
5 Jun 2026$1.05
12 Jun 2026$1.05
18 Jun 2026$1.05
26 Jun 2026$0.94
2 Jul 2026$0.94
10 Jul 2026$0.94
17 Jul 2026$0.94
24 Jul 2026$0.94
31 Jul 2026$0.94
7 Aug 2026$0.94
14 Aug 2026$0.94
17 Aug 2026$0.94
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 1 year of history; short peaks above 27× are drawn at the top edge.

PEG 2.71 at the Mar 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 2.71×
  • PEG = 1.0 1.00×
PEG 2.71 at the Mar 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20213.62×1.00×
Dec 20213.62×1.00×
Mar 20223.62×1.00×
Jun 20223.62×1.00×
Sep 20223.62×1.00×
Dec 20223.62×1.00×
Mar 20233.62×1.00×
Jun 20233.62×1.00×
Sep 20233.62×1.00×
Dec 20233.62×1.00×
Mar 20243.62×1.00×
Jun 20243.62×1.00×
Sep 20243.62×1.00×
Dec 20240.82×1.00×
Mar 20250.40×1.00×
Jun 20250.49×1.00×
Sep 20250.49×1.00×
Dec 20252.72×1.00×
Mar 20262.71×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 19 quarters.
18.7×P/E · too little history to compare
1.18PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved +120.0% while the price moved +81.1%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Is the Innovative Aerosystems business getting better or worse?

Innovative Aerosystems, Inc.'s business is giving mixed signals. Growth is slowing from a very fast pace: revenue growth has eased from +72.8% at its peak to +39.2%, but the business is still expanding, with ROCE falling at 22.6%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +78.6% in FY25, profit +123.3%

  • Revenue growth 78.6%
Growth year by year: revenue +78.6% in FY25, profit +123.3%
QuarterRevenue growth
FY21–
FY2220.4%
FY2325.5%
FY2435.6%
FY2578.6%

Profit growth, EPS growth

  • Profit growth 123.3%
  • EPS growth 120%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY229.1%10.3%
FY239.1%9.4%
FY2416.1%14.3%
FY25123.3%120%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue rolling over, profit rolling over

  • Revenue 39.2%
Three growth lines over twelve quarters: revenue rolling over, profit rolling over
QuarterRevenue
Jun 20236.3%
Sep 202325.5%
Dec 202336.4%
Mar 202446.1%
Jun 202454.1%
Sep 202435.6%
Dec 202443.2%
Mar 202558.7%
Jun 202572.8%
Sep 202578.6%
Dec 202567.4%
Mar 202639.2%

Profit, EPS

  • Profit 57.8%
  • EPS 54.1%
Profit, EPS
QuarterProfitEPS
Jun 2023−8.4%−12.5%
Sep 20239.1%6.2%
Dec 202325.5%24.1%
Mar 202428.2%28.6%
Jun 202429.2%32.1%
Sep 202416.1%17.6%
Dec 20244.6%5.6%
Mar 202570.9%69.4%
Jun 202581.2%78.4%
Sep 2025123.3%117.5%
Dec 2025183.8%176.3%
Mar 202657.8%54.1%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 22.6%
ROCE: the return line, worked out each quarter
QuarterROCE
Jun 202314.5%
Sep 202316.9%
Dec 202322.5%
Mar 202422%
Jun 202418.3%
Sep 202414.7%
Dec 202416.3%
Mar 202523.9%
Jun 202526.1%
Sep 202524.8%
Dec 202530.3%
Mar 202622.6%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Turning downRevenue growth · latest +39.2%, range +6.3% to +78.6%
Turning downProfit growth · latest +57.8%, range −8.4% to +183.8%
Turning downEPS growth · latest +54.1%, range −12.5% to +176.3%
Turning downROCE · latest 22.6%, range 14.5% to 30.3%

Why it matters: when the lines disagree, each line above matters more than any single label.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+78.6%+44.8%——
Profit+123.3%+41.4%——
EPS+120.0%+40.1%——
Stock price+81.1%———
+2.0%Revenue growth (Mar 2026) · latest quarter against a year ago
−35.6%Profit growth (Mar 2026) · latest quarter against a year ago
38.3%Revenue, 4 years · yearly growth over the long run

How much does Innovative Aerosystems earn on its capital?

Innovative Aerosystems, Inc. earned a ROE of 24% in FY25. That is up from a low of 15% in FY24. Its return on capital used (ROIC) is 10.0 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 18.5% net margin and 0.82× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 18.5% net margin × 0.82× asset turnover × 1.60× leverage (assets divided by equity) ≈ 24.3% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 17.0% − 7.0% = +10.0 percentage points. The 7.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 17.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 19.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 24%, the climb back from FY24's 15%

  • ROE 24.2%
  • ROIC (annual) 19.6%
  • Cost of capital 7%
FY25: ROE 24%, the climb back from FY24's 15%
QuarterROEROIC (annual)Cost of capital
FY2120.6%31.6%7%
FY2218%36.4%7%
FY2315.6%17%7%
FY2415%11.8%7%
FY2524.2%19.6%7%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 7.0% cost of capital used on this page.

Mar 2026: ROIC 19.9% (last 12 months) against a 7.0% cost of capital

  • ROIC (12 months) 19.9%
  • ROE (12 months) 30.2%
  • Cost of capital 7.0%
Mar 2026: ROIC 19.9% (last 12 months) against a 7.0% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Jun 202327.9%16.7%7%
Sep 202322%18.5%7%
Dec 202319.8%19%7%
Mar 202413.8%18.1%7%
Jun 202413.4%17.6%7%
Sep 202413.5%17.5%7%
Dec 202412.6%16.3%7%
Mar 202517.5%24.3%7%
Jun 202517.8%25.3%7%
Sep 202520%30.6%7%
Dec 202523.6%35.9%7%
Mar 202619.9%30.2%7%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Innovative Aerosystems have too much debt?

Innovative Aerosystems, Inc. has total debt of $54.9 M against shareholder equity of $72.1 M as of Mar 2026, so its debt is 0.76× its equity. Year by year, that ratio went from 0.00 in FY21 to 0.37 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $24.1 M, 0.37× equity

  • Total debt $24.1 M
FY25: debt $24.1 M, 0.37× equity
QuarterTotal debt
FY21$0
FY22$0
FY23$19.5 M
FY24$28.0 M
FY25$24.1 M

Debt-to-equity

  • Debt-to-equity 0.37×
Debt-to-equity
QuarterDebt-to-equity
FY210.00×
FY220.00×
FY230.50×
FY240.60×
FY250.37×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Mar 2026: debt $54.9 M, debt-to-equity 0.76

  • Total debt (quarterly) $54.9 M
Mar 2026: debt $54.9 M, debt-to-equity 0.76
QuarterTotal debt (quarterly)
Jun 2023$20.0 M
Sep 2023$19.5 M
Dec 2023$10.6 M
Mar 2024$10.6 M
Jun 2024$9.9 M
Sep 2024$28.0 M
Dec 2024$26.5 M
Mar 2025$27.4 M
Jun 2025$23.3 M
Sep 2025$24.1 M
Dec 2025$23.5 M
Mar 2026$54.9 M

Debt-to-equity

  • Debt-to-equity 0.76×
Debt-to-equity
QuarterDebt-to-equity
Jun 20230.56×
Sep 20230.50×
Dec 20230.27×
Mar 20240.26×
Jun 20240.23×
Sep 20240.60×
Dec 20240.55×
Mar 20250.51×
Jun 20250.41×
Sep 20250.37×
Dec 20250.34×
Mar 20260.76×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Innovative Aerosystems shareholding pattern?

5.6% of Innovative Aerosystems, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

5.6%Short interest · of the tradable float
4.1Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Innovative Aerosystems from balance-sheet trouble?

For Innovative Aerosystems, Inc., the Z-score is 4.49. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 4.49 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Innovative Aerosystems rank in its industry?

There is no score against its industry: Innovative Aerosystems, Inc. is not among the largest members shown in this industry comparison for Aerospace & Defense.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Innovative Aerosystems compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Innovative Aerosystems in size?

Innovative Aerosystems is the 56th largest of 61 Aerospace & Defense companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: TAT Technologies, Satellogic Inc. and Virgin Galactic Holdings, Inc. Just below it: EHang Holdings, Outdoor Holding Company and AIRO Group Holdings, Inc.

Aerospace & Defense companies close in size

  1. TAT Technologies Ltd. $495 million
  2. Satellogic Inc. $494 million
  3. Virgin Galactic Holdings, Inc. $381 million
  4. Innovative Aerosystems, Inc. $354 million
  5. EHang Holdings Limited $309 million
  6. Outdoor Holding Company $278 million
  7. AIRO Group Holdings, Inc. $171 million

All 61 Aerospace & Defense companies, largest first

Companies close in size in other industries

  1. L.B. Foster Company $384 million · Railroads
  2. Civeo Corporation $383 million · Lodging
  3. Innovative Aerosystems, Inc. $382 million
  4. AlTi Global, Inc. $382 million · Asset Management
  5. Avidbank Holdings, Inc. $381 million · Banks - Regional

What else do people ask about Innovative Aerosystems?

What were Innovative Aerosystems's latest quarterly results?

Innovative Aerosystems, Inc. reported revenue of $22.4 M and net profit of $3.4 M for the Mar 2026 quarter. Revenue rose 2.0% and profit fell 35.6% compared with a year earlier. Earnings per share were $0.19.

The operating margin was 22.1%, 9.7 percentage points lower than a year earlier (as of 17 August 2026).

What is Innovative Aerosystems's market cap?

Innovative Aerosystems, Inc.'s market capitalisation is $354 M at a stock price of $24.78. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 17 August 2026).

How is Innovative Aerosystems performing?

Innovative Aerosystems, Inc.'s latest readings are below. In its latest quarter, revenue rose 2.0% and profit fell 35.6% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running.

This describes what the data did, not a rating (as of 17 August 2026).

Will Innovative Aerosystems's stock price go up?

This page does not forecast Innovative Aerosystems, Inc.'s stock price. What it shows instead: the stock price is $24.78. Nobody can reliably say which way a price will move, and this site does not try (as of 17 August 2026).

Does Innovative Aerosystems have too much debt?

Innovative Aerosystems, Inc. has a moderate amount of debt: its debt is 0.70× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 17 August 2026).

Where is Innovative Aerosystems in its business cycle?

Innovative Aerosystems, Inc.'s FY25 operating margin was 23.8%, against a 5-year range of 16.9% to 26.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 22.1%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 17 August 2026).

What could break the Innovative Aerosystems story?

The main question: yearly earnings per share moved +120.0% while the share price moved +81.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 17 August 2026).

Is Innovative Aerosystems a stock worth studying right now?

What the numbers show: Innovative Aerosystems, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 17 August 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 17 August 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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