INNOVATE Corp. financial data

Symbol
VATE on NYSE
Location
New York, NY
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 12 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 49.8 % -56.6%
Quick Ratio 2.5 % -56%
Debt-to-equity -507 % +21.8%
Return On Equity 36.5 % +97.7%
Return On Assets -7.84 % -171%
Operating Margin 1.54 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.7M shares +2.97%
Common Stock, Shares, Outstanding 13.7M shares +3.71%
Entity Public Float 32.3M USD -62.6%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 13.3M shares +2.3%
Weighted Average Number of Shares Outstanding, Diluted 13.3M shares +2.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.1B USD +43.3%
Revenue from Contract with Customer, Excluding Assessed Tax 1.23B USD -16.3%
Cost of Revenue 913M USD -9.45%
Operating Income (Loss) 16.9M USD -67.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -67.1M USD -141%
Income Tax Expense (Benefit) 6.6M USD +26.9%
Net Income (Loss) Attributable to Parent -69.8M USD -156%
Earnings Per Share, Basic -5 USD/shares +14.1%
Earnings Per Share, Diluted -4 USD/shares +16.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 35.5M USD -30.4%
Accounts Receivable, after Allowance for Credit Loss, Current 266M USD +39.2%
Inventory, Net 18.1M USD -13.8%
Other Assets, Current 20.6M USD +28.8%
Assets, Current 421M USD +5.18%
Deferred Income Tax Assets, Net 1.6M USD -20%
Operating Lease, Right-of-Use Asset 52M USD -2.62%
Intangible Assets, Net (Excluding Goodwill) 167M USD -3.69%
Goodwill 127M USD -0.16%
Other Assets, Noncurrent 60.9M USD +0.83%
Assets 913M USD +1.78%
Accrued Liabilities, Current 110M USD +18%
Contract with Customer, Liability, Current 176M USD +105%
Liabilities, Current 974M USD +108%
Long-term Debt and Lease Obligation 97.3M USD -80.6%
Deferred Income Tax Liabilities, Net 4.3M USD 0%
Operating Lease, Liability, Noncurrent 41.9M USD -2.78%
Other Liabilities, Noncurrent 45M USD -5.86%
Liabilities 1.12B USD +9.62%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.4M USD -200%
Retained Earnings (Accumulated Deficit) -575M USD -13.8%
Stockholders' Equity Attributable to Parent -233M USD -43%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -216M USD -53%
Liabilities and Equity 913M USD +1.78%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -14.1M USD +44.5%
Net Cash Provided by (Used in) Financing Activities 2.4M USD
Net Cash Provided by (Used in) Investing Activities -3.9M USD -18.2%
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 13.8M shares +3.79%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -15.4M USD +63.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 36.1M USD -31.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 19.5M USD -0.51%
Deferred Tax Assets, Valuation Allowance 129M USD +16.4%
Deferred Tax Assets, Gross 191M USD +7.32%
Operating Lease, Liability 54.6M USD -2.67%
Depreciation 23.1M USD -8.7%
Payments to Acquire Property, Plant, and Equipment 4.7M USD -16.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -71.4M USD -178%
Lessee, Operating Lease, Liability, to be Paid 66.7M USD -3.89%
Operating Lease, Liability, Current 12.7M USD -2.31%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.2M USD +10.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 14.2M USD -4.05%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 100K USD 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 12.1M USD -9.02%
Lessee, Operating Lease, Liability, to be Paid, Year Three 9.3M USD +10.7%
Deferred Tax Assets, Operating Loss Carryforwards 79.2M USD +6.02%
Preferred Stock, Shares Authorized 20M shares 0%
Unrecognized Tax Benefits 17.6M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.8M USD -1.7%
Operating Lease, Payments 19.2M USD -1.03%
Amortization of Intangible Assets 7.8M USD -1.27%
Depreciation, Depletion and Amortization 7.9M USD -5.95%
Share-based Payment Arrangement, Expense 4.5M USD +246%
Interest Expense 69.8M USD +26.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%