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Employees: 147
Size Innovative Solutions and Support (IA) is a United States Industrials company (Aerospace & Defense) with a market value of $348M, the 2983rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $19.45 on 6 Nov 2026.
Growth Revenue grew 20.3% over the last twelve months (peer median +4.9%); the operating margin is 27.4% (peer median 1.7%).
Valuation It trades at 18.8× forward earnings against a peer median of 20.6× (4th cheapest of 10).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +31%, so the hurdle is -29 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 9.0 points above its cost of capital (7.7% WACC).
Short interest Short interest is 5.3% of the free float (15 Oct 2026).
Next results Next results expected around 17 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $93.2M | $84.3M | $47.2M | $34.8M | $27.7M |
| Revenue growth | — | +79% | +36% | +25% | — |
| Gross profit | $48.6M | $38.3M | $25.9M | $21.3M | $16.7M |
| EBITDA | $29.6M | $23.8M | $12.0M | $8.47M | $7.58M |
| Net income | $19.1M | $15.6M | $7.00M | $6.03M | $5.52M |
| Free cash flow | $14.3M | $6.79M | $888,970 | $1.80M | $5.93M |
| Capital expenditure | $4.22M | $6.51M | $4.91M | $298,373 | $161,230 |
| Total debt | $54.3M | $24.1M | $28.0M | $19.9M | $28,680 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.3% | -13.3% | 2nd highest of 21 |
| Distance from 52-week high | -22.8% | -46.6% | 3rd highest of 21 |
| Revenue growth (TTM) | +20.3% | +4.9% | 8th highest of 21 |
| Operating margin | 27.4% | 1.7% | highest of 20 |
| Forward P/E | 18.8× | 20.6× | 4th cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | 2.6% | 10.9% | 2nd least demanding of 8 |
| Growth delivered (Del g) | +31.3% | +13.3% | 2nd highest of 8 |
| Hurdle (Req g minus delivered) | -28.7 pp | -4.3 pp | 2nd least demanding of 8 |
| ROIC minus cost of capital | +9.0 pp | -5.1 pp | 3rd highest of 20 |
| EV / EBITDA | 13.2× | 13.2× | 4th most expensive of 8 |
| Net debt / EBITDA | 1.5× | 1.6× | 5th least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Innovative Solutions and Support IA | United States | $348M | n/a | +20% | 27% | 18.8× | 2.6% | +31.3% |
| MS International MSI.L | United Kingdom | $350M | -8% | -2% | 13% | n/a | -7.8% | +13.3% |
| Integrity Technology 688244.SS | China | $344M | -23% | -28% | -30% | 25.1× | n/a | n/a |
| Ideaforge Technology IDEAFORGE.NS | India | $353M | -15% | +221% | -8% | 101.5× | n/a | n/a |
| Sichuan Tianwei Electronic 688511.SS | China | $342M | -20% | -56% | -49% | n/a | 10.9% | -8.8% |
| Beijing Hengyu Datacom Aviation Equipment 300965.SZ | China | $338M | -33% | -11% | -8% | n/a | 26.4% | -1.2% |
| New Power Plasma 144960.KS | South Korea | $326M | +62% | +22% | 8% | n/a | 3.6% | +39.7% |
| ispace,inc 9348.T | Japan | $311M | -28% | -56% | -681% | n/a | n/a | n/a |
| Chengdu Tianjian Technology 002977.SZ | China | $306M | -37% | -357% | n/a | n/a | n/a | n/a |
| Chengdu Jouav Automation Tech 688070.SS | China | $399M | -34% | +5% | 2% | 17.6× | n/a | n/a |
| Beijing Andawell Science & Technology 300719.SZ | China | $400M | -32% | -3% | -4% | n/a | n/a | n/a |
| Chenfull Precision 6829.TWO | Taiwan | $293M | -40% | +34% | 16% | 25.8× | n/a | n/a |
| Beijing Emerging Eastern Aviation Equipment 002933.SZ | China | $420M | -20% | -6% | 6% | n/a | n/a | n/a |
| Virgin Galactic SPCE | United States | $420M | -6% | -39% | -24,588% | n/a | n/a | n/a |
| Chengdu Lihang Technology 603261.SS | China | $458M | +19% | +35% | -52% | n/a | n/a | n/a |
| TAT Technologies TATT | United States | $481M | +2% | +14% | 11% | 20.6× | 16.8% | +18.8% |
| Tokyo Keiki 7721.T | Japan | $494M | -37% | +5% | 9% | 14.1× | n/a | n/a |
| Nippon Avionics 6946.T | Japan | $505M | -26% | +45% | 21% | 12.8× | n/a | n/a |
| Figeac Aero FGA.PA | France | $506M | -3% | +13% | 6% | 20.5× | 14.7% | +18.9% |
| Park Aerospace PKE | United States | $515M | -30% | +28% | 21% | 31.2× | 4.8% | +9.6% |
| Satellogic SATL | United States | $535M | -54% | +369% | -67% | n/a | n/a | n/a |