Innovative Solutions & Support Inc balance sheet

At the end of fiscal 2025, Innovative Solutions & Support Inc had total assets of $103m, total liabilities of $38.8m and shareholders' equity of $64.6m. It held $2.7m in cash against $24.4m of debt: net debt of $21.7m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Innovative Solutions & Support Inc: balance sheet, annual
Fiscal year	2009Sept 2009	2010Sept 2010	2011Sept 2011	2012Sept 2012	2013Sept 2013	2014Sept 2014	2015Sept 2015	2016Sept 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Cash and equivalents	36	41	43	43	16	15	16	19	25	20	22	13	8	17	3	1	3	11
Receivables	—	3	3	4	4	4	2	5	3	3	2	4	4	4	10	13	13	16
Inventory	—	5	4	4	4	5	5	4	4	4	4	4	5	5	6	13	26	32
Total current assets	—	50	51	54	34	37	28	29	34	29	30	33	18	28	35	35	51	64
Goodwill	—	—	—	—	—	—	—	—	—	—	—	—	—	—	4	5	7	16
Total assets	—	58	58	63	43	44	36	36	41	38	39	42	27	35	63	82	103	148
Accounts payable	—	1	0	1	2	2	1	2	1	2	1	1	1	1	1	2	4	10
Deferred revenue (current)	—	0	0	1	0	1	1	0	0	0	0	0	0	0	0	0	2	1
Total current liabilities	—	3	3	5	6	7	5	4	3	3	2	14	2	4	6	7	17	22
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2	—	2	6
Long-term debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	18	28	22	49
Total debt	0	0	0	0	0	0	0	0	0	0	—	0	0	0	20	28	24	55
Total liabilities	—	4	4	6	7	7	5	4	3	3	2	14	3	4	24	36	39	71
Shareholders' equity	52	53	54	57	36	37	31	33	38	34	36	28	25	31	39	47	65	77
Net debt (negative = net cash)	−36	−41	−43	−43	−16	−15	−16	−19	−25	−20	−22	−13	−8	−17	16	27	22	44

US$ millions unless shown otherwise. Fiscal quarters.

Innovative Solutions & Support Inc: balance sheet, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026
Receivables	13	8	14	12	13	15	13	16
Inventory	13	16	19	21	26	28	28	32
Total current assets	35	34	41	40	51	58	53	64
Goodwill	5	5	7	7	7	7	16	16
Total assets	82	81	90	92	103	110	138	148
Accounts payable	2	2	5	5	4	8	4	10
Deferred revenue (current)	0	0	1	3	2	4	2	1
Total current liabilities	7	7	9	11	17	20	16	22
Short-term debt	—	—	—	—	2	2	6	6
Long-term debt	28	27	27	23	22	21	49	49
Total debt	28	27	27	23	24	24	55	54
Total liabilities	36	33	36	35	39	41	66	71
Shareholders' equity	47	48	54	57	65	69	72	77

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Innovative Solutions & Support Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Innovative Solutions & Support Inc.