INNOVATE Corp.
VATENYSEIndustrials● Active
$19.11
+$0.13(+0.68%)
Market Cap$260696709
P/E Ratio—
52W High$19.05
52W Low$3.75
INNOVATE Corp. (VATE) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · VATE · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $1.25B | $1.11B | $1.42B | $1.64B | $1.21B |
| Cost of Revenue | $1.06B | $0.90B | $1.21B | $1.42B | $1.02B |
| Gross Profit | $0.18B | $0.21B | $0.22B | $0.22B | $0.18B |
| Gross Margin %(computed) | 14.62% | 18.86% | 15.18% | 13.52% | 15.24% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Total Operating Expenses | $0.15B | $0.17B | $0.19B | $0.21B | $0.19B |
| Operating Income | $0.03B | $0.04B | $0.03B | $0.01B | ($0.01B) |
| Operating Margin %(computed) | 2.74% | 3.61% | 1.86% | 0.82% | -0.88% |
| Interest Income | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Interest Expense | $0.09B | $0.07B | $0.07B | $0.05B | $0.06B |
| Income Before Tax | ($0.06B) | ($0.03B) | ($0.03B) | ($0.04B) | ($0.08B) |
| Income Tax Expense | $0.00B | $0.01B | $0.00B | $0.00B | $0.01B |
| Net Income | ($0.06B) | ($0.03B) | ($0.04B) | ($0.04B) | ($0.23B) |
| Net Margin %(computed) | -4.86% | -3.13% | -2.47% | -2.19% | -18.88% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $-4.84 | $-2.73 | $-4.78 | $-5.26 | $-10.35 |
| Wtd Avg Shares | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| EBITDA | $0.06B | $0.07B | $0.06B | $0.06B | $0.03B |
| EBITDA Margin %(computed) | 5.18% | 6.58% | 4.43% | 3.84% | 2.64% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About INNOVATE Corp. (VATE) Income Statement
INNOVATE Corp. (VATE) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, VATE reported revenue of $1.25B, gross profit of $0.18B (gross margin 14.62%), and net income of ($0.06B) — a net profit margin of -4.86%.
Frequently asked questions
VATE · 4 questionsINNOVATE Corp. (VATE) reported revenue of $1.25B for 2025, up 12.5% year-over-year.
VATE revenueVATE salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08