INNOVATE Corp. (VATE)
NYSE: VATE
· Real-Time Price · USD
4.70
-0.17 (-3.49%)
At close: Aug 15, 2025, 3:59 PM
4.79
1.91%
After-hours: Aug 15, 2025, 05:58 PM EDT
INNOVATE Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 242M | 274.2M | 236.6M | 242.2M | 313.1M | 315.2M | 361M | 375.3M | 368.8M | 317.9M | 409.3M | 423M | 392.2M | 412.8M | 394.8M | 394.8M | 243.8M | 171.8M |
Cost of Revenue | 196.4M | 228.7M | 190.2M | 194M | 251.9M | 271M | 304.2M | 316.6M | 316.2M | 274.3M | 346.4M | 364.6M | 341.9M | 363M | 333.1M | 339.7M | 207.4M | 141.3M |
Gross Profit | 45.6M | 45.5M | 46.4M | 48.2M | 61.2M | 44.2M | 56.8M | 58.7M | 52.6M | 43.6M | 62.9M | 58.4M | 50.3M | 49.8M | 61.7M | 55.1M | 36.4M | 30.5M |
Operating Income | 4.9M | 3.4M | 2.5M | 500K | 19.1M | 5.2M | 16.6M | 10.7M | 5.8M | -4M | 6.5M | 4.6M | 600K | 100K | 6.9M | 1.1M | -7.7M | -10.9M |
Interest Income | n/a | n/a | 2.6M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Pretax Income | -16.8M | -18.7M | -14.9M | -13.1M | 11.4M | -16.8M | -9.3M | -7.5M | -10.5M | -7.1M | -8M | -8.7M | -11.9M | -12.5M | -3.7M | -14.1M | -21.1M | -41.8M |
Net Income | -19.8M | -24.5M | -16.6M | -15M | 14.4M | -17.7M | -9.6M | -7.3M | -10.5M | -9M | -7M | -6.6M | -13.6M | -13.6M | -5.2M | -12.7M | -22.2M | -40.2M |
Selling & General & Admin | n/a | 37.8M | 40.4M | 37.4M | 42.1M | 39M | 40.2M | 43.8M | 41.1M | 41.7M | 49.8M | 45.6M | 42.1M | 42.6M | 47.4M | 44.3M | 39.5M | 37.1M |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Other Expenses | 40.7M | 4.3M | 2.2M | n/a | 200K | n/a | n/a | 400K | 300K | 5.9M | 6.6M | 6.2M | 8.6M | 6.5M | -100K | 600K | 400K | 3.4M |
Operating Expenses | 40.7M | 42.1M | 43.9M | 37.4M | 42.1M | 39M | 40.2M | 48M | 46.8M | 47.6M | 56.4M | 51.8M | 50.7M | 49.1M | 54.8M | 54M | 44.1M | 41.4M |
Interest Expense | 21.4M | 20.2M | 19.6M | 21.2M | 16.5M | 17.2M | 19.2M | 17.1M | 16.3M | 15.6M | 13.6M | 13.3M | 12.5M | 12.6M | 12.5M | 12.8M | 12.4M | 21.4M |
Selling & Marketing Expenses | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Cost & Expenses | 237.1M | 270.8M | 234.1M | 231.4M | 294M | 310M | 344.4M | 364.6M | 363M | 321.9M | 402.8M | 416.4M | 392.6M | 412.1M | 387.9M | 393.7M | 251.5M | 182.7M |
Income Tax Expense | 4.2M | 7.1M | 2.4M | 3.1M | -2.5M | 3.3M | 1.3M | 1.1M | 1.2M | 900K | -700K | -2M | 2M | 1.6M | 1.8M | 100K | 2.6M | 1.1M |
Shares Outstanding (Basic) | 13.15M | 13.11M | 13.08M | 12.97M | 8.92M | 7.87M | 7.85M | 7.84M | 7.79M | 7.77M | 7.76M | 7.76M | 7.56M | 7.73M | 7.73M | 7.72M | 7.66M | 7.66M |
Shares Outstanding (Diluted) | 13.15M | 13.11M | 13.08M | 12.97M | 14.43M | 7.87M | 7.85M | 7.84M | 7.79M | 7.77M | 7.76M | 7.76M | 7.75M | 7.73M | 7.73M | 7.72M | 7.7M | 7.69M |
EPS (Basic) | -1.67 | -1.89 | -1.29 | -1.16 | 1.58 | -2.25 | -1.22 | -0.93 | -1.35 | -1.16 | -0.9 | -0.85 | -1.8 | -1.76 | -0.67 | -1.65 | -2.9 | -5.25 |
EPS (Diluted) | -1.67 | -1.89 | -1.29 | -1.16 | 0.98 | -2.25 | -1.22 | -0.93 | -1.35 | -1.16 | -0.9 | -0.85 | -1.75 | -1.76 | -0.67 | -1.65 | -2.88 | -5.23 |
EBITDA | 12M | 9.4M | 12.8M | 16.2M | 36.2M | 13.6M | 18.2M | 17.4M | 15.5M | 18.7M | 16M | 15.3M | 11.1M | 10.7M | 16.6M | 11M | -1.1M | -14.2M |
EBIT | 4.6M | 1.5M | 4.7M | 8.1M | 27.9M | 400K | 9.9M | 9.6M | 5.8M | 8.5M | 5.6M | 4.6M | 600K | 100K | 8.8M | -1.3M | -8.7M | -20.4M |
Depreciation & Amortization | 7.4M | 7.9M | 8.1M | 8.1M | 8.3M | 8.4M | 8.3M | 7.8M | 9.6M | 10.2M | 10.4M | 10.7M | 10.5M | 10.6M | 11.6M | 12.3M | 7.6M | 6.2M |