---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-127737"
form_type: "8-K"
ticker: "ISSC"
cik: "0000836690"
company_name: "INNOVATIVE SOLUTIONS & SUPPORT INC"
filed_at: "2023-12-20T23:59:59+00:00"
generated_at: "2026-06-07T10:16:28.474004+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IS&S Q4 net sales up 79% to $13M; FY2023 revenue $34.8M (+26%); cash over $8M

## Summary
- Q4 net sales $13.0M (+79% YoY); net income $2.6M ($0.15 EPS) vs $1.6M ($0.09 EPS) a year ago.
- FY2023 revenue $34.8M (+26% YoY); net income $6.0M ($0.35 EPS) vs $5.5M ($0.32 EPS) prior year.
- Cash on hand >$8M as of Dec 19, 2023, up from $3.1M at Sep 30, 2023; aided by receivables and aircraft sale.
- Honeywell acquisition integration on track; expected to boost annualized revenues ~40% from pre-acquisition levels in FY2024.

## SEC filing metadata
- accession: 0001104659-23-127737
- form_type: 8-K
- ticker: ISSC
- cik: 0000836690
- company_name: INNOVATIVE SOLUTIONS & SUPPORT INC
- filed_at: 2023-12-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/836690/000110465923127737/0001104659-23-127737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/836690/000110465923127737/tm2333406d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-127737
- JSON: https://secwatch.observer/filing/0001104659-23-127737.json
- Plain text: https://secwatch.observer/filing/0001104659-23-127737.txt

## Key facts
- Earnings Releases
  INNOVATIVE SOLUTIONS & SUPPORT INC reported the fiscal year ended September 30, 2023 results: revenue Total revenues for the fiscal year ended September 30, 2023, were $34.8 million, net income Net income for fiscal 2023 was $6.0 million, or $0.35 per share, EPS $0.35 per share.
  - Period: the fiscal year ended September 30, 2023
  - Revenue: Total revenues for the fiscal year ended September 30, 2023, were $34.8 million
  - Net income: Net income for fiscal 2023 was $6.0 million, or $0.35 per share
  - EPS: $0.35 per share
  - Result: reported results
  source text: Total revenues for the fiscal year ended September 30, 2023, were $34.8 million, up 26% from $27.7 million for the fiscal year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/836690/000110465923127737/0001104659-23-127737-index.htm
- Earnings Releases
  INNOVATIVE SOLUTIONS & SUPPORT INC reported the fourth quarter and full fiscal year 2023, which ended September 30, 2023 results: revenue net sales of $13 million, net income net income of $2.6 million, or $0.15 per share, EPS $0.15 per share.
  - Period: the fourth quarter and full fiscal year 2023, which ended September 30, 2023
  - Revenue: net sales of $13 million
  - Net income: net income of $2.6 million, or $0.15 per share
  - EPS: $0.15 per share
  - Result: reported results
  source text: its financial results for the fourth quarter and full fiscal year 2023, which ended September 30, 2023. For the fourth quarter of fiscal 2023, IS&S reported net sales of $13 million, up 79% from $7.3 million in the fourth quarter a year ago. The Company reported net income of $2.6 million, or $0.15 per share, increases of 63% and 67%, respectively, compared
  evidence_url: https://www.sec.gov/Archives/edgar/data/836690/000110465923127737/0001104659-23-127737-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.