Innovative Solutions and SupportQ3 net income and sales rose, with strong margin expansion and raised guidance.

Innovative Aerosystems reported third-quarter fiscal 2026 net income of $4.5 million, or $0.25 per diluted share, up from $2.4 million, or $0.14 per share, a year earlier. Net sales rose 10.7% to $26.7 million, driven by organic growth in commercial and business aviation markets, while gross margin expanded to 51.7% from 35.6%. Adjusted EBITDA increased approximately 75% to $7.7 million, and the company guided fourth-quarter revenue to between $28 million and $30 million. The company also announced a $50 million eVTOL contract with a leading Japanese developer, the acquisition of Aydin Displays, and a planned ticker change from ISSC to IA on August 18, 2026.
Innovative Solutions and SupportQ3 net income and sales rose, with strong margin expansion and raised guidance.
Acquired by Innovative Aerosystems, providing capital and growth opportunities.