Recent 8-K filings for ISSC

• May 14, 2026, 9:05 AM ET earnings materiality 0.70 positive item 2.02item 9.01

  ISSC Q2 net sales $22.4M (+2%), net income $3.4M, completes three acquisitions

  Net sales of $22.4M, up 2% YoY; gross profit $11.4M (51.1% margin).

• April 17, 2026, 7:59 PM ET other materiality 0.15 neutral item 5.07

  ISSC shareholders elect all director nominees, ratify auditor, approve say-on-pay

  All 7 director nominees elected with majority support; quorum of 14,239,180 shares (80% outstanding).

• April 2, 2026, 7:59 PM ET M&A materiality 0.80 positive item 1.01item 2.01item 8.01item 9.01 ◈ M&A Transactions ×2◈ Material Agreements ×2

  ISSC acquires two Honeywell asset packages for $30M: autopilot/avionics and generator systems

  Autopilot & nav/com assets acquired for $22M cash on March 27; includes IP, contracts, tooling for Part 23 aircraft.

• February 12, 2026, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Innovative Solutions & Support Q1 FY2026: Net sales $21.8M (+36.5%), EPS $0.22

  Net sales $21.8M (+36.5% YoY); gross margin 54.5%, net income $4.1M ($0.22 diluted EPS).

• December 18, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  ISSC Q4 net sales $22.2M (+44.6%), net income $7.1M ($0.39 EPS); adj. EBITDA +71.1%

  Q4 net sales $22.2M (+44.6% YoY); gross margin 63.2%; net income $7.1M ($0.39 diluted EPS).

• October 28, 2025, 7:59 PM ET leadership materiality 0.35 neutral item 5.02item 8.01item 9.01

  ISSC appoints Richard Silfen as new independent director, expanding board to seven

  Richard Silfen appointed as independent director effective October 28, 2025; board expands from six to seven members.

• August 14, 2025, 7:59 PM ET earnings materiality 0.78 positive item 2.02item 9.01

  IS&S Q3 revenue up 105% to $24.1M; nets $0.14 EPS, adjusted EBITDA $4.4M

  Revenue $24.1M (+105% YoY) driven by F-16 product line; backlog $72.4M.

• July 22, 2025, 7:59 PM ET debt materiality 0.65 positive item 1.01item 2.03item 8.01item 9.01 ◈ Debt Financings

  IS&S enters new $100M credit facility with JPMorgan, replacing $35M line

  New credit agreement provides $30M revolver, $25M term loan, and $45M delayed draw term loan.

• May 14, 2025, 7:59 PM ET earnings materiality 0.85 positive item 2.02item 9.01

  IS&S Q2 FY2025: Revenue doubles to $21.9M, net income $5.3M, adj. EBITDA up 219%

  Revenue $21.9M (+104% YoY); net income $5.3M ($0.30 diluted EPS) vs $1.2M ($0.07) prior year.

• April 21, 2025, 7:59 PM ET other materiality 0.15 neutral item 5.07item 9.01

  ISSC shareholders elect all six director nominees, ratify Grant Thornton as auditor

  All six director nominees elected: Askarpour, Belland, Bressner, Carolin, Dean, Devine; 'for' votes ranged 3.47M–5.56M.

• February 13, 2025, 6:59 PM ET earnings materiality 0.65 neutral item 2.02item 9.01

  Innovative Solutions & Support Q1 revenue $16.0M, +71.6%; net income $0.04 EPS; adjusted EBITDA $3.1M

  Revenue $16.0M (+71.6% YoY); gross margin 41.4% (down from 59.3%) due to mix and acquisition costs.

• January 27, 2025, 6:59 PM ET leadership materiality 0.40 positive item 5.02item 8.01item 9.01 ◈ executive_change

  Innovative Solutions & Support appoints Denise Devine as independent director; board expands to six.

  Denise Devine appointed as independent director effective Jan 27, 2025; board increases to six members.

• December 19, 2024, 6:59 PM ET earnings materiality 0.60 positive item 2.02item 9.01

  ISSC reports Q4 revenue $15.4M (+18.4% YoY); full-year net income $7.0M

  Q4 net income of $3.2M ($0.18 diluted EPS); full-year net income $7.0M ($0.40 diluted EPS).

• November 25, 2024, 6:59 PM ET other material materiality 0.30 neutral item 5.02

  Innovative Solutions & Support corrects CEO PSU grant to 201,000 units with price targets

  CEO Shahram Askarpour granted 201,000 performance stock units on Nov 20, 2024.

• November 22, 2024, 6:59 PM ET other material materiality 0.60 neutral item 5.02item 9.01

  CEO Shahram Askarpour granted 201,000 PSUs with vesting at $10/$12/$14 stock price thresholds

  Grant date Nov 20, 2024; PSUs vest in three equal tranches when ISSC trades ≥$10, $12, $14 for 20 consecutive days.

• October 3, 2024, 7:59 PM ET M&A materiality 0.75 positive item 1.01item 2.01item 2.03item 8.01item 9.01

  IS&S acquires exclusive license for Honeywell military display generators and flight control computers for $14.2M

  Acquired exclusive license for Honeywell's military display generators and flight control computers for $14.2M in cash.

• September 12, 2024, 7:59 PM ET other material materiality 0.50 neutral item 5.02item 9.01

  ISSC amends CEO severance: 12 months base pay or 2x salary plus bonus on change of control

  CEO Shahram Askarpour gets 12 months base salary + COBRA if terminated without cause or for good reason outside a change of control.

• September 10, 2024, 7:59 PM ET other material materiality 0.35 neutral item 1.01item 3.03item 9.01

  ISSC extends poison pill rights agreement to September 2025

  Board approved amendment to Rights Agreement extending final expiration date to September 10, 2025.

• August 12, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  ISSC Q3 revenue $11.8M (+47.8% YoY); adjusted EBITDA $3.1M (+61%)

  Net income $1.6M ($0.09 diluted EPS); adjusted net income $1.9M ($0.11 diluted EPS).

• July 26, 2024, 7:59 PM ET other material materiality 0.65 positive item 1.01item 9.01

  IS&S acquires additional Honeywell product lines for $4.2M in cash

  Licensed exclusive IP rights to manufacture, upgrade, and repair additional Honeywell communication and navigation products.

• June 20, 2024, 7:59 PM ET other material materiality 0.60 neutral item 5.02item 9.01

  Innovative Solutions grants CFO 31,746 RSUs and change-in-control pact

  CFO Jeffrey DiGiovanni granted 31,746 restricted stock units, vesting quarterly at 8.33% starting Sept 30, 2024.

• June 14, 2024, 7:59 PM ET M&A materiality 0.65 neutral item 7.01item 9.01

  IS&S board unanimously rejects unsolicited $7.25/share bid from Christopher Harborne

  Unsolicited non-binding proposal from Christopher Harborne to acquire remaining ISSC shares at $7.25/share in cash.

• May 30, 2024, 7:59 PM ET M&A materiality 0.75 neutral item 7.01item 9.01

  Innovative Solutions & Support receives unsolicited proposal from Christopher Harborne at $7.25/share

  Receipt of unsolicited non-binding indication from Christopher Harborne to acquire all outstanding ISSC shares at $7.25 per share cash.

• May 16, 2024, 7:59 PM ET leadership materiality 0.40 neutral item 5.02item 8.01item 9.01 ◈ executive_change

  Innovative Solutions appoints Maj. Gen. Garry Dean as independent director

  Major General Garry C. Dean appointed to the Board as independent director effective May 16, 2024.

• May 14, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01 ◈ Earnings Releases

  IS&S Q2 fiscal 2024 sales up 46% to $10.7M; net income $0.07 per share

  Net sales $10.7M, up 46% from $7.3M; net income $1.2M ($0.07 EPS) vs $1.3M ($0.07) prior year.

• April 23, 2024, 7:59 PM ET other materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×3

  ISSC shareholders elect directors, approve stock plan, ratify auditor at annual meeting

  Elected directors Askarpour, Carolin, Bressner, Belland with 5.5M–9.1M For votes; broker non-votes ~4.6M.

• March 21, 2024, 7:59 PM ET leadership materiality 0.65 neutral item 5.02item 8.01item 9.01 ◈ executive_change ×2

  Innovative Solutions & Support appoints Jeffrey DiGiovanni as CFO effective April 8

  Jeffrey DiGiovanni named CFO effective April 8, 2024; replaces interim CFO Relland Winand.

Executive changes

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.85 · Median 0.65 · Most common event earnings

13 positive 0 negative 14 neutral

source · ISSC on sec.gov