VATE INNOVATE CORP revenue, earnings and financials

For the quarter ended June 30, 2026, INNOVATE CORP reported revenue of $422M (up 74.2% from a year earlier), net income of $10.7M and diluted EPS of $0.71; over the last four quarters revenue was $1.52B and net income −$22.4M; for the fiscal year ended December 2025 revenue was $1.25B, up 12.5% on the year before.

VATE annual revenue and earnings

• Fiscal year ended Dec 2025: revenue $1.25B, gross profit $200M, operating income $28.7M, net income −$60.6M (margin -4.9%), EPS −$4.84
• Fiscal year ended Dec 2024: revenue $1.11B, gross profit $209M, operating income $40.0M, net income −$34.6M (margin -3.1%), EPS −$3.08
• Fiscal year ended Dec 2023: revenue $1.42B, gross profit $216M, operating income $26.5M, net income −$35.2M (margin -2.5%), EPS −$4.81
• Fiscal year ended Dec 2022: revenue $1.64B, gross profit $221M, operating income $13.4M, net income −$35.9M (margin -2.2%), EPS −$0.53
• Fiscal year ended Dec 2021: revenue $1.21B, gross profit $184M, operating income −$10.6M, net income −$228M (margin -18.9%), EPS −$2.98

VATE quarterly revenue and earnings

• Quarter ended Jun 30, 2026: revenue $422M (up 74.2% year over year), net income $10.7M, EPS $0.71
• Quarter ended Mar 31, 2026: revenue $365M (up 33.0% year over year), net income −$16.8M, EPS −$1.29
• Quarter ended Dec 31, 2025 (from the annual report): revenue $383M (up 61.7% year over year), net income −$7.40M, EPS −$0.57
• Quarter ended Sep 30, 2025: revenue $347M (up 43.3% year over year), net income −$8.90M, EPS −$0.71
• Quarter ended Jun 30, 2025: revenue $242M (down 22.7% year over year), net income −$19.8M, EPS −$1.67
• Quarter ended Mar 31, 2025: revenue $274M (down 13.0% year over year), net income −$24.5M, EPS −$1.89
• Quarter ended Dec 31, 2024 (from the annual report): revenue $237M (down 34.5% year over year), net income −$16.6M, EPS −$0.72
• Quarter ended Sep 30, 2024: revenue $242M (down 35.5% year over year), net income −$15.0M, EPS −$1.18
• Quarter ended Jun 30, 2024: revenue $313M (down 15.1% year over year), net income $14.4M, EPS $1.03
• Quarter ended Mar 31, 2024: revenue $315M (down 0.8% year over year), net income −$17.4M, EPS −$2.21
• Quarter ended Dec 31, 2023 (from the annual report): revenue $361M (down 11.8% year over year), net income −$9.30M, EPS −$3.62
• Quarter ended Sep 30, 2023: revenue $375M (down 11.3% year over year), net income −$7.00M, EPS −$0.93
• Quarter ended Jun 30, 2023: revenue $369M (down 6.0% year over year), net income −$9.90M, EPS −$0.13
• Quarter ended Mar 31, 2023: revenue $318M (down 23.0% year over year), net income −$9.00M, EPS −$0.13
• Quarter ended Dec 31, 2022 (from the annual report): revenue $409M (up 3.7% year over year), net income −$5.70M, EPS −$0.08
• Quarter ended Sep 30, 2022: revenue $423M (up 7.1% year over year), net income −$5.40M, EPS −$0.09
• Quarter ended Jun 30, 2022: revenue $392M (up 60.9% year over year), net income −$12.4M, EPS −$0.18
• Quarter ended Mar 31, 2022: revenue $413M (up 140.3% year over year), net income −$12.4M, EPS −$0.18
• Quarter ended Dec 31, 2021 (from the annual report): revenue $395M, net income −$4.70M, EPS −$0.07
• Quarter ended Sep 30, 2021: revenue $395M, net income −$212M, EPS −$2.75

VATE cash flow, buybacks and dividends

• Fiscal year ended Dec 2025: operating cash flow $147M, share buybacks n/a
• Fiscal year ended Dec 2024: operating cash flow $9.10M, share buybacks n/a
• Fiscal year ended Dec 2023: operating cash flow $26.5M, share buybacks n/a
• Fiscal year ended Dec 2022: operating cash flow −$9.50M, share buybacks n/a
• Fiscal year ended Dec 2021: operating cash flow $27.0M, share buybacks n/a

VATE balance sheet

• Jun 30, 2026: cash $87.8M, total assets $1.01B, total liabilities $1.23B, shareholders' equity −$243M
• Mar 31, 2026: cash $135M, total assets $937M, total liabilities $1.17B, shareholders' equity −$256M
• Dec 31, 2025: cash $108M, total assets $950M, total liabilities $1.17B, shareholders' equity −$240M
• Sep 30, 2025: cash $35.5M, total assets $913M, total liabilities $1.12B, shareholders' equity −$233M
• Jun 30, 2025: cash $27.8M, total assets $891M, total liabilities $1.08B, shareholders' equity −$225M
• Mar 31, 2025: cash $33.3M, total assets $868M, total liabilities $1.04B, shareholders' equity −$204M
• Dec 31, 2024: cash $41.8M, total assets $891M, total liabilities $1.03B, shareholders' equity −$180M
• Sep 30, 2024: cash $51.0M, total assets $897M, total liabilities $1.02B, shareholders' equity −$163M

What is VATE's revenue?

INNOVATE CORP reported $1.52B of revenue over its last four quarters, through June 30, 2026.

Is VATE profitable?

No. INNOVATE CORP lost $22.4M over the last four quarters.

What is VATE's EPS?

Diluted earnings per share over the last four quarters were −$1.86; $0.71 in the latest quarter.

VATE ownership and insider trades · All stocks