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 | 995M | 1.07B | 1.11B | 1.23B | 1.36B | 1.42B | 1.42B | 1.47B | 1.52B | 1.54B | 1.64B | 1.62B | 1.59B | 1.45B | 1.21B | 1.06B | 1.06B | 1.19B |
Cost of Revenue | 809.3M | 864.8M | 907.1M | 1.02B | 1.14B | 1.21B | 1.21B | 1.25B | 1.3B | 1.33B | 1.42B | 1.4B | 1.38B | 1.24B | 1.02B | 884.2M | 882.8M | 937.5M |
Gross Profit | 185.7M | 201.3M | 200M | 210.4M | 220.9M | 212.3M | 211.7M | 217.8M | 217.5M | 215.2M | 221.4M | 220.2M | 216.9M | 203M | 183.7M | 178M | 177.9M | 256.4M |
Operating Income | 11.3M | 25.5M | 27.3M | 41.4M | 51.6M | 38.3M | 29.1M | 19M | 12.9M | 7.7M | 11.8M | 12.2M | 8.7M | 400K | -10.6M | 8.5M | 5.3M | 17.9M |
Interest Income | 2.6M | 2.6M | 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 | -63.5M | -35.3M | -33.4M | -27.8M | -22.2M | -44.1M | -34.4M | -33.1M | -34.3M | -35.7M | -41.1M | -36.8M | -42.2M | -51.4M | -80.7M | -74.5M | -80.4M | -15.4M |
Net Income | -75.9M | -41.7M | -34.9M | -27.9M | -20.2M | -45.1M | -36.4M | -33.8M | -33.1M | -36.2M | -40.8M | -39M | -45.1M | -53.7M | -80.3M | -88.6M | -101.7M | -74.9M |
Selling & General & Admin | 115.6M | 157.7M | 158.9M | 158.7M | 165.1M | 164.1M | 166.8M | 176.4M | 178.2M | 179.2M | 180.1M | 177.7M | 176.4M | 173.8M | 168.3M | 165.4M | 166.3M | 237.9M |
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 | 47.2M | 6.7M | 2.4M | 200K | 600K | 700K | 6.6M | 13.2M | 19M | 27.3M | 27.9M | 21.2M | 15.6M | 7.4M | 4.3M | 400K | 500K | 100K |
Operating Expenses | 164.1M | 165.5M | 162.4M | 158.7M | 169.3M | 174M | 182.6M | 198.8M | 202.6M | 206.5M | 208M | 206.4M | 208.6M | 202M | 194.3M | 167M | 170.1M | 236M |
Interest Expense | 82.4M | 77.5M | 74.5M | 74.1M | 70M | 69.8M | 68.2M | 62.6M | 58.8M | 55M | 52M | 50.9M | 50.4M | 50.3M | 59.1M | 66.5M | 71.6M | 78.3M |
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 | 973.4M | 1.03B | 1.07B | 1.18B | 1.31B | 1.38B | 1.39B | 1.45B | 1.5B | 1.53B | 1.62B | 1.61B | 1.59B | 1.45B | 1.22B | 1.05B | 1.05B | 1.17B |
Income Tax Expense | 16.8M | 10.1M | 6.3M | 5.2M | 3.2M | 6.9M | 4.5M | 2.5M | -600K | 200K | 900K | 3.4M | 5.5M | 6.1M | 5.6M | 10M | 11.5M | 24.3M |
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) | -6.01 | -2.76 | -3.12 | -3.05 | -2.82 | -5.75 | -4.66 | -4.34 | -4.26 | -4.71 | -5.31 | -5.08 | -5.88 | -6.98 | -10.47 | -12.01 | -15.8 | -11.92 |
EPS (Diluted) | -6.01 | -3.36 | -3.72 | -3.65 | -3.42 | -5.75 | -4.66 | -4.34 | -4.26 | -4.66 | -5.26 | -5.03 | -5.83 | -6.96 | -10.43 | -11.97 | -15.76 | -11.92 |
EBITDA | 50.4M | 74.6M | 78.8M | 84.2M | 85.4M | 64.7M | 69.8M | 67.6M | 65.5M | 61.1M | 53.1M | 53.7M | 49.4M | 37.2M | 12.3M | 18.2M | -2.1M | 8.1M |
EBIT | 18.9M | 42.2M | 41.1M | 46.3M | 47.8M | 25.7M | 33.8M | 29.5M | 24.5M | 19.3M | 10.9M | 14.1M | 8.2M | -1.1M | -21.6M | -11.5M | -20.7M | 40.1M |
Depreciation & Amortization | 31.5M | 32.4M | 32.9M | 33.1M | 32.8M | 34.1M | 35.9M | 38M | 40.9M | 41.8M | 42.2M | 43.4M | 45M | 42.1M | 37.7M | 21M | 15.5M | 14.6M |