Innovative Aerosystems, Inc. (ISSC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 2.29M | 8.16M | 2.97M | 7.21M | 1.29M | 1.84M | 445.33K | 934.05K | 201.1K | 4.22M | 1.16M | -1.27M | 395.55K | 1.82M | -325.93K | 2.98M | 1.92M | 1.52M | 799.4K | 1.49M |
| Operating CF Margin % | 10.25% | 37.42% | 13.34% | 29.85% | 5.87% | 11.53% | 2.89% | 7.94% | 1.87% | 45.29% | 8.91% | -16.01% | 5.39% | 27.88% | -4.49% | 43% | 28.04% | 22.67% | 11.63% | 24.16% |
| Operating CF Growth % | 77.91% | 343.11% | 566.27% | 671.57% | 540.42% | -56.32% | -61.55% | 173.31% | -49.16% | 132.07% | 455.37% | -142.72% | -79.4% | 19.69% | -140.77% | 99.76% | 211.86% | -9.89% | -48.95% | 297.73% |
| Net Income | 3.43M | 4.06M | 7.11M | 2.44M | 5.34M | 736.19K | 3.18M | 1.55M | 1.21M | 1.06M | 2.63M | 1.42M | 1.27M | 698.65K | 1.6M | 1.36M | 1.43M | 1.13M | 1.53M | 2.69M |
| Depreciation & Amortization | 966.21K | 1.03M | 908.67K | 820.41K | 637.57K | 1.37M | 660.71K | 611.15K | 414.66K | 411.42K | 439.05K | 87.5K | 85.98K | 85.41K | 90.33K | 90.03K | 95.76K | 92.37K | 97.93K | 109.77K |
| Stock-Based Compensation | 0 | 915.92K | 702.4K | 832.12K | 405.04K | 396.66K | 277.34K | 250.9K | 269.34K | 205.72K | 219.77K | 214.08K | 733.38K | 283.19K | 31.34K | 58.42K | 164.57K | 85.61K | 46.08K | 45.08K |
| Deferred Taxes | 0 | 1.14M | -303.22K | -446.29K | -287.74K | -216.59K | -513.13K | 68.12K | -15.32K | -676.48K | 606.72K | -50.85K | -261.68K | -284.69K | 231.6K | 258.6K | 295.84K | 231.3K | 268.11K | -1.46M |
| Other Non-Cash Items | 1.19M | 53.23K | 40.27K | 0 | 0 | 0 | 0 | 0 | 0 | -160.58K | 44.31K | 44.4K | 0 | 0 | -1.19M | 357 | 0 | 0 | 95.32K | 0 |
| Working Capital Changes | -3.3M | 970.63K | -5.49M | 3.56M | -4.8M | -441.88K | -3.16M | -1.55M | -1.68M | 3.38M | -2.79M | -2.99M | -1.43M | 1.03M | -1.09M | 1.22M | -65.89K | -24.6K | -1.24M | 114K |
| Change in Receivables | 2.86M | 571.28K | -5.6M | 2.92M | -4.47M | 3.17M | -5.86M | -1.14M | -1.06M | 4M | -4.03M | -2.07M | -650.13K | 980.94K | -1.46M | 1.05M | -334.48K | 325.12K | 247.39K | -1.45M |
| Change in Inventory | 2.3M | -2.01M | -3.77M | -1.31M | -2.52M | -2.07M | 937.76K | -1.05M | -567.49K | -1.66M | -441.41K | 157.22K | -647.54K | 96.81K | -444.07K | -120.92K | -82.79K | -61.08K | 198.1K | -184.7K |
| Change in Payables | -3.02M | 3.93M | -1.53M | 398.63K | 2.83M | -439.17K | -1.03M | 696.75K | 1.1M | 208.52K | 570.18K | -732.09K | 656.92K | 133.42K | -43.63K | 7.79K | 244.23K | -123.16K | -312.42K | -118.37K |
| Cash from Investing | -34.62M | -1.11M | -1.01M | -3.69M | -1.56M | -261.36K | -18.6M | -203.28K | -125.73K | 2.04M | -133.29K | -35.94M | -47.44K | -32.72K | 2.75M | -76.87K | -7.01K | -77.35K | -16.65K | -25K |
| Capital Expenditures | -1.62M | -1.11M | -1.01M | -3.69M | -1.56M | -261.36K | -145.86K | -203.28K | -125.73K | -182.92K | -133.29K | -84.93K | -47.44K | -32.72K | 2.75M | -76.87K | -7.01K | -77.35K | -16.65K | -25K |
| CapEx % of Revenue | 7.26% | 5.09% | 4.53% | 15.27% | 7.09% | 1.64% | 0.95% | 1.73% | 1.17% | 1.97% | 1.03% | 1.07% | 0.65% | 0.5% | 37.87% | 1.11% | 0.1% | 1.16% | 0.24% | 0.4% |
| Acquisitions | -33M | 0 | 0 | 0 | 0 | 0 | -14.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | -4.25M | 0 | 0 | 2.23M | 0 | -35.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 30.81M | -1.46M | 131.9K | -4.14M | 888.83K | -1.51M | 18.17M | -783.81K | 31.37K | -8.89M | -500K | 20M | 0 | 408.85K | 284K | 17.15K | 0 | 0 | 0 | 17.01K |
| Debt Issued (Net) | 31.38M | -625K | 1.12M | -4.14M | 888.83K | -1.51M | 18.17M | -783.81K | 31.37K | -8.89M | -500K | 20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -562.87K | -833.11K | -984.59K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 408.85K | 284K | 17.15K | 0 | 0 | 0 | 17.01K |
| Net Change in Cash | -1.52M | 5.59M | 2.09M | -623.89K | 621.09K | 65.58K | 17.94K | -53.04K | 106.75K | -2.63M | 524.96K | -17.22M | 348.12K | 2.19M | 2.71M | 2.92M | 1.91M | 1.44M | 782.74K | 1.49M |
| Free Cash Flow | 666.84K | 7.05M | 1.96M | 3.52M | -267.75K | 1.58M | 299.47K | 730.77K | 75.37K | 4.03M | 1.02M | -1.36M | 348.12K | 1.78M | -325.93K | 2.91M | 1.91M | 1.44M | 782.74K | 1.47M |
| FCF Margin % | 2.98% | 32.33% | 8.81% | 14.57% | -1.22% | 9.89% | 1.95% | 6.21% | 0.7% | 43.33% | 7.89% | -17.08% | 4.74% | 27.38% | -4.49% | 41.9% | 27.94% | 21.51% | 11.39% | 23.76% |
| FCF Growth % | 349.06% | 346.16% | 554.47% | 381.53% | -455.22% | -60.82% | -70.78% | 153.77% | -78.35% | 126.08% | 414.47% | -146.77% | -81.8% | 23.84% | -141.64% | 97.93% | 391.18% | -10.62% | -48.33% | 331.54% |
| FCF per Share | 0.04 | 0.39 | 0.11 | 0.20 | -0.02 | 0.09 | 0.02 | 0.04 | 0.00 | 0.23 | 0.06 | -0.08 | 0.02 | 0.10 | -0.02 | 0.17 | 0.11 | 0.08 | 0.05 | 0.09 |
| FCF Conversion (FCF/Net Income) | 0.67x | 2.01x | 0.42x | 2.95x | 0.24x | 2.50x | 0.14x | 0.60x | 0.17x | 3.99x | 0.44x | -0.90x | 0.31x | 2.60x | -0.20x | 2.19x | 1.34x | 1.34x | 0.52x | 0.56x |
| Interest Paid | 0 | 450.6K | 349.56K | 419.58K | 384.59K | 383.23K | 0 | 156.19K | 169.03K | 324.04K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 1.01M | 791.1K | 2.92M | 0 | 0 | 452K | 1.46M | 0 | 246.56K | 543K | 1.07M | 0 | 141K | 280K | 0 | 0 | 608 | 0 |