Innovative Solutions & Support, Inc. (Nasdaq: ISSC), a provider of advanced avionic solutions for commercial, business aviation, and military markets, reported a significant increase in financial performance for the fiscal third quarter ended June 30, 2025. The company reported a net revenue of $24.1 million, marking a 105.2% increase compared to the same period last year. The net income for the quarter was $2.4 million, translating to $0.14 per diluted share. The adjusted EBITDA for the quarter reached $4.4 million, reflecting a growth of 43.3% from the previous year. The company's gross profit stood at $8.6 million, with a gross margin of 35.6%. As of June 30, 2025, the ratio of net debt to trailing twelve-month adjusted EBITDA was 1.1x. The company is currently transitioning production of its F-16 product line to fully integrate with its operations, which is expected to lead to cost efficiencies and improved gross margins in the latter quarters of fiscal 2026. Innovative Solutions & Support also announced the completion of its Exton facility construction, with the fit-out expected to conclude in early fall, enabling expanded manufacturing capacity. Despite a temporary impact on revenue due to the pull-forward of F-16 production, the company anticipates additional growth and operational efficiencies following the completion of this transition.