Recent 8-K filings for ISSC

• August 13, 2026, 9:23 AM ET earnings materiality 0.70 positive item 2.02item 9.01

  ISSC Q3 FY2026 net sales up 10.7% to $26.7M; EPS $0.25 diluted

  Net sales $26.7M, +10.7% YoY; gross margin 51.7%.

• July 21, 2026, 4:15 PM ET M&A materiality 0.75 positive item 1.01item 2.01item 2.03item 8.01item 9.01

  Innovative Solutions acquires Aydin Displays for $24.5M to expand military display capabilities

  Purchase price $24.5M in cash, funded via existing credit facility with J.P. Morgan Chase.

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

  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 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).

• 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.

• 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.

• 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 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 ◈ M&A Transactions

  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.

• 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 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.

• 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.

• February 14, 2024, 6:59 PM ET earnings materiality 0.60 positive item 2.02item 9.01 ◈ Earnings Releases

  Innovative Solutions & Support Q1 net sales up 43% to $9.3M, net income up 51%

  Net sales $9.3M (+43% YoY); net income $1.06M / $0.06 EPS (+51% from $0.04).

• December 20, 2023, 6:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01 ◈ Earnings Releases ×2

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

  Q4 net sales $13.0M (+79% YoY); net income $2.6M ($0.15 EPS) vs $1.6M ($0.09 EPS) a year ago.

• September 22, 2023, 7:59 PM ET other material materiality 0.60 neutral item 1.01item 9.01 ◈ Material Agreements

  Innovative Solutions and Support enters $40M ATM equity offering with Stifel

  Up to $40M of common stock may be sold at market through Stifel as sales agent.

• September 15, 2023, 7:59 PM ET M&A materiality 0.60 neutral item 9.01item 2.01 ◈ M&A Transactions

  ISSC completes $36M acquisition of Honeywell inertial/nav product lines; posts historicals

  Acquired product lines had net sales of $21.5M in 2022 and $8.9M in H1 2023.

• September 13, 2023, 7:59 PM ET M&A materiality 0.80 neutral item 2.01item 9.01

  ISSC closes $36M asset purchase of Honeywell inertial, communication & navigation product lines

  Acquired business had net sales of $21.5M and $20.6M for years ended Dec 2022 and 2021, respectively.

• August 11, 2023, 7:59 PM ET earnings materiality 0.65 positive item 2.02item 9.01 ◈ Earnings Releases

  IS&S Q3 net sales up 14.8% to $8.0M; Honeywell license acquisition to boost revenue 40% annually

  Net sales $8.0M (+14.8% YoY); gross profit $4.7M (59.5% of sales); net income $1.4M ($0.08 per share) flat YoY.

• July 10, 2023, 7:59 PM ET M&A materiality 0.75 positive item 7.01item 9.01

  IS&S acquires exclusive license and assets for Honeywell product lines; expects FY2024 accretion

  Acquired exclusive IP rights and assets for Honeywell Inertial, Communication, Navigation product lines.

• July 7, 2023, 7:59 PM ET M&A materiality 0.85 positive item 1.01item 2.01item 2.03item 9.01 ◈ Material Agreements ×2◈ M&A Transactions

  ISSC acquires Honeywell inertial, communication, navigation product lines for $36M cash

  Acquired assets and licenses from Honeywell for $36M cash; transaction closed June 30, 2023.

• May 8, 2023, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01 ◈ Earnings Releases

  IS&S Q2 FY2023 sales up 7.2% to $7.3M; net income $0.07 per share

  Net sales $7.3M (+7.2% YoY); gross margin 64.6% vs 61.1%.

• December 16, 2022, 6:59 PM ET earnings materiality 0.65 positive item 2.02item 9.01 ◈ Earnings Releases ×2

  IS&S Q4 sales $7.3M (+5.7% YoY), net income $1.6M; FY sales $27.7M (+20.4% YoY), EPS $0.32

  Net sales $7.3M in Q4 FY2022, up 5.7% from $6.9M a year ago; net income $1.6M ($0.09 per share).

• September 12, 2022, 7:59 PM ET other material materiality 0.60 neutral item 1.01item 3.03item 5.03item 8.01item 9.01

  Innovative Solutions and Support adopts stockholder rights plan with 15% trigger, rights expire Sept 2023

  Rights plan triggered if any person or group acquires 15% or more of outstanding common stock.

• August 10, 2022, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01

  ISSC Q3 fiscal 2022 sales $6.9M (+12%), operating income up 41%; backlog $12.6M

  Net sales $6.9M (+12% YoY); net income $1.4M ($0.08/sh) vs $2.7M ($0.16/sh) last year which included $1.5M tax benefit.

Executive changes

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.85 · Median 0.62 · Most common event earnings

23 positive 0 negative 27 neutral

source · ISSC on sec.gov