VATE — INNOVATE Corp.

NYSE · Industrials · Building Products · CIK 1006837 ·
Last close
$15.52
Market Cap
$211.72M
52W High
$15.52
52W Low
$3.75
ADV30
60,683
Next earnings
2026-08-05
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The company operates through the Infrastructure, Life Sciences, and Spectrum segments. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants; and manufacture of pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation. Its Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 364,800,000 53,500,000 10,000,000 -16,800,000 936,800,000 134,600,000 1,178,500,000
Dec 2025 382,700,000 58,900,000 14,300,000 -7,400,000 950,100,000 112,100,000 1,174,700,000
Sep 2025 347,100,000 49,700,000 6,100,000 -8,900,000 913,200,000 35,500,000 1,130,000,000
Jun 2025 242,000,000 45,600,000 4,900,000 -19,800,000 890,900,000 33,400,000 1,098,100,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$146,600,000
Investing CF
$-22,600,000
Financing CF
$-61,200,000
CapEx
$-26,100,000
Dividends Paid
$-2,200,000
Buybacks
$0
EPS Diluted TTM
$-4.85
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-582,500,000
Inventory
$16,000,000
Receivables
$309,600,000
ST Investments
EBIT TTM
$27,500,000
Pretax Income TTM
$-61,500,000
Interest Exp TTM
$89,000,000
Analysts

Yahoo Snapshot (yfinance, live)

Total Revenue
$1,336,600,064
EBITDA
$65,400,000
Free Cash Flow
Enterprise Value
$841,308,416
Total Cash
$134,600,000
Total Debt
$773,100,032
Shares Out
13,641,866
Trailing EPS
$-4.24
Book Value
$-17.58
ROE
ROA
2.4%
Div Yield
9.62%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 1,246,000,000 28,700,000 -60,600,000 950,100,000 1,174,700,000 146,600,000
Dec 2024 1,107,100,000 40,000,000 -34,600,000 891,100,000 1,050,900,000 9,100,000
Dec 2023 1,423,000,000 26,500,000 -35,200,000 1,043,600,000 1,196,300,000 26,500,000
Dec 2022 1,637,300,000 13,400,000 -35,900,000 1,151,700,000 1,198,900,000 -9,500,000

TTM Snapshot

Revenues TTM
$1,435,300,000
NetIncome TTM
$-239,300,000
OpCashFlow TTM
$0
Assets (Latest)
$891,100,000
Forward EPS

Peers — same industry

TickerNameMarket CapLastDaily %
LCUT LIFETIME BRANDS, INC $200.44M $8.77
POWW Outdoor Holding Co $241.61M $2.06
ACU ACME UNITED CORP $160.26M $42.06
CIX COMPX INTERNATIONAL INC $294.89M $23.93
ZJK ZJK Industrial Co., Ltd. $149.37M $2.70

News headlines (Yahoo Finance, 1h cache)

INNOVATE Corp. (VATE): 10 Best Performing NYSE Stocks So Far in 2026
2026-05-21 03:02 · Yahoo
INNOVATE Q1 Earnings Call Highlights
2026-05-15 17:06 · Yahoo
Innovate Corp (VATE) Q1 2026 Earnings Call Highlights: Revenue Surge and Strategic Advances ...
2026-05-15 05:03 · Yahoo
INNOVATE Corp. Announces First Quarter 2026 Results
2026-05-14 20:05 · Yahoo
INNOVATE Corp. to Report First Quarter 2026 Results on May 14th
2026-04-27 20:21 · Yahoo
INNOVATE’s Portfolio Company DBM Global to Pay Cash Dividend
2026-04-06 12:30 · Yahoo
DBM Global to Pay Cash Dividend
2026-04-03 18:33 · Yahoo
MediBeacon® Transdermal GFR Monitor and Reusable Sensor Receive CE Mark Under European Medical Device Regulation
2026-03-31 12:05 · Yahoo
INNOVATE Q4 Earnings Call Highlights
2026-03-26 22:42 · Yahoo
INNOVATE Corp. Announces Fourth Quarter and Full Year 2025 Results
2026-03-26 20:05 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.