Product was Innovative Solutions & Support’s largest revenue line in fiscal 2025, bringing in $54.08M of $84.30M (64%).
| Products and Services | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Product | $22.40M | $22.59M | $24.28M | $54.08M | |||||
| Services | — | — | $22.92M | $30.22M | |||||
| Customer Service | $4.90M | $11.10M | — | — | |||||
| Engineering & Development Contracts | $400.00K | $1.10M | — | — | |||||
| Engineering Development Contracts | — | — | — | — | |||||
| Total | $27.70M | $34.79M | $47.20M | $84.30M |
Innovative Solutions & Support brought in $84.30M from its two revenue lines in fiscal 2025, the year ended September 30, 2025. That was up 78.6% from $47.20M in fiscal 2024. Product was the largest at $54.08M (64.2%), ahead of Services at $30.22M (35.8%).
Compared with fiscal 2024, Product grew 122.7% to $54.08M and Services grew 31.8% to $30.22M.
Innovative Solutions & Support began breaking out Services in fiscal 2024, when it brought in $22.92M. Innovative Solutions & Support stopped reporting Customer Service ($11.10M in fiscal 2023) and Engineering & Development Contracts ($1.10M in fiscal 2023) as separate revenue lines.
Innovative Solutions & Support (IA) reports its revenue by products and services. In fiscal 2025, Product was its largest revenue line, bringing in $54.08M (64.2% of the total), followed by Services at $30.22M (35.8%).
Product was Innovative Solutions & Support's largest revenue line in fiscal 2025, bringing in $54.08M, or 64.2% of the $84.30M total across its two revenue lines.
Product grew faster than Services in fiscal 2025, up 122.7% from $24.28M to $54.08M. Services grew 31.8% to $30.22M.
Every figure comes from Innovative Solutions & Support's annual financial filings, as reported. Each line keeps the name Innovative Solutions & Support gives it, and years follow its fiscal calendar.
Innovative Solutions & Support's revenue by products and services goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.