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Incorporated in Pennsylvania in 1988, IA is a vertically integrated provider of flight solutions and equipment to commercial air transport, general aviation markets, the United States Department of Defense ( DoD ) and allied foreign militaries. On October 6, 2025, the Company rebranded and adopted our new trade name, Innovative Aerosystems.
Margins and capital returns are both well above average: 23.81% operating margin, ROIC at 19.27%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue up 78.6% YoY with margins expanding 3.3pp.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$91M
▲ +78.6% YoY
Net Income (TTM)
$17M
▲ +123.3% YoY
Op. Margin
25.37%
▲ +3.3pp YoY
ROIC
17.83%
▲ +7.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$13M
▲ +32.2% YoY
Op. Cash Flow (TTM)
$21M
▲ +129.5% YoY
Net Debt
$48M
Cash & Equiv.
$7M
5Y CAGR: +31.3%
5Y CAGR: +9.8%
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