# Innovative Aerosystems share price (Innovative Aerosystems, Inc., ISSC)

> Innovative Aerosystems, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. ISSC · Industrials · Aerospace & Defense · data as of 17 August 2026. Page: https://www.sectoralpha.in/us/stocks/issc

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## Key numbers

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

The main question: yearly earnings per share moved +120.0% while the share price moved +81.1%. ## 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. 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. 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. For the full year, FY25 profit was $15.6 M (+123.3% on the year 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. The last four reported quarters add to $90.6 M. FY25 revenue was $84.3 M, +78.6% on the year 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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. 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. Why it matters: when the lines disagree, each line above matters more than any single label. ## 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). 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. ## 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. ## 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. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds 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. 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.](https://www.sectoralpha.in/us/stocks/tatt) $495 million
2. [Satellogic Inc.](https://www.sectoralpha.in/us/stocks/satl) $494 million
3. [Virgin Galactic Holdings, Inc.](https://www.sectoralpha.in/us/stocks/spce) $381 million
4. Innovative Aerosystems, Inc. $354 million
5. [EHang Holdings Limited](https://www.sectoralpha.in/us/stocks/eh) $309 million
6. [Outdoor Holding Company](https://www.sectoralpha.in/us/stocks/poww) $278 million
7. [AIRO Group Holdings, Inc.](https://www.sectoralpha.in/us/stocks/airo) $171 million

[All 61 Aerospace & Defense companies, largest first](https://www.sectoralpha.in/us/sectors/aerospace-defense#all-companies)

### Companies close in size in other industries

1. [L.B. Foster Company](https://www.sectoralpha.in/us/stocks/fstr) $384 million · Railroads
2. [Civeo Corporation](https://www.sectoralpha.in/us/stocks/cveo) $383 million · Lodging
3. Innovative Aerosystems, Inc. $382 million
4. [AlTi Global, Inc.](https://www.sectoralpha.in/us/stocks/alti) $382 million · Asset Management
5. [Avidbank Holdings, Inc.](https://www.sectoralpha.in/us/stocks/avbh) $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). This is research, not advice. We’re not SEBI-registered.