Innovate Corp (NYSE:VATE) — Stock Price
Innovate Corp (NYSE:VATE) is currently trading at $7.13 USD, down 41.12% today. Over the past 52 weeks, shares have ranged between $3.98 and $20.06. This page tracks Innovate Corp's live share price on the NYSE exchange, its daily price and volume history, and — where reported — its income statement, balance sheet, cash flow statement, and earnings history. For company valuation and market capitalisation context, see VATE market cap overview.
Innovate Corp (VATE) Stock Price Chart — Daily History & Trading Volume
The chart below tracks Innovate Corp's daily closing share price and trading volume on the NYSE exchange over the past year, giving a clear view of recent price momentum and liquidity.
Innovate Corp Income Statement — Revenue, Profit & Earnings by Year
Innovate Corp's annual income statement shows how revenue converts into profit each fiscal year, including gross profit, operating income, EBITDA, and net income.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Revenue | $1.25 Billion | $1.11 Billion | $1.42 Billion | $1.64 Billion | $1.21 Billion |
| Cost of Revenue | $1.06 Billion | $898.30 Million | $1.21 Billion | $1.42 Billion | $1.02 Billion |
| Gross Profit | $182.20 Million | $208.80 Million | $216.00 Million | $221.40 Million | $183.70 Million |
| Research & Development | — | — | — | — | — |
| SG&A | $153.10 Million | $160.20 Million | $168.00 Million | $180.10 Million | $168.30 Million |
| Total Operating Expenses | $148.00 Million | $168.80 Million | $189.50 Million | $208.00 Million | $194.30 Million |
| Operating Income | $34.20 Million | $40.00 Million | $26.50 Million | $13.40 Million | $-10.60 Million |
| EBITDA | $64.60 Million | $72.90 Million | $63.10 Million | $62.80 Million | $31.80 Million |
| EBIT | $34.20 Million | $40.00 Million | $27.10 Million | $20.60 Million | $-5.80 Million |
| Interest Expense | $89.00 Million | $74.50 Million | $68.20 Million | $52.00 Million | $59.10 Million |
| Income Before Tax | $-61.50 Million | $-33.40 Million | $-34.40 Million | $-41.10 Million | $-80.70 Million |
| Income Tax Expense | $2.50 Million | $6.30 Million | $4.50 Million | $900.00K | $5.60 Million |
| Net Income | $-60.60 Million | $-34.60 Million | $-35.20 Million | $-35.90 Million | $-227.50 Million |
Innovate Corp Balance Sheet — Assets, Liabilities & Shareholder Equity
The balance sheet below summarizes Innovate Corp's financial position at each fiscal year-end — what it owns (assets), what it owes (liabilities), and the resulting shareholder equity.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | $950.10 Million | $891.10 Million | $1.04 Billion | $1.15 Billion | $1.08 Billion |
| Total Current Assets | $451.50 Million | $391.40 Million | $518.50 Million | $536.40 Million | $442.60 Million |
| Cash & Equivalents | — | — | — | — | — |
| Short-term Investments | — | — | — | — | — |
| Net Receivables | $309.60 Million | $300.90 Million | $399.10 Million | $420.00 Million | $365.70 Million |
| Inventory | $16.00 Million | $20.80 Million | $22.40 Million | $18.90 Million | $17.00 Million |
| Property, Plant & Equipment | — | — | — | $230.80 Million | $239.50 Million |
| Goodwill | $127.00 Million | $126.70 Million | $127.10 Million | $127.10 Million | $127.40 Million |
| Total Liabilities | $1.17 Billion | $1.05 Billion | $1.20 Billion | $1.18 Billion | $1.09 Billion |
| Total Current Liabilities | $1.03 Billion | $483.70 Million | $444.60 Million | $417.20 Million | $439.50 Million |
| Long-term Debt | $80.30 Million | $500.60 Million | $679.30 Million | $683.80 Million | $556.80 Million |
| Net Debt | $605.40 Million | $670.40 Million | $691.10 Million | $704.90 Million | $639.30 Million |
| Total Stockholder Equity | $-230.80 Million | $-180.40 Million | $-165.50 Million | $-103.70 Million | $-84.30 Million |
| Retained Earnings | $-582.50 Million | $-521.90 Million | $-487.30 Million | $-452.10 Million | $-416.20 Million |
Innovate Corp Cash Flow Statement — Operating, Investing & Financing Activities
This cash flow statement breaks down how Innovate Corp generates and spends cash across operating, investing, and financing activities each fiscal year, including free cash flow and capital expenditures.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | $146.60 Million | $9.10 Million | $26.50 Million | $-9.50 Million | $27.00 Million |
| Capital Expenditures | $26.10 Million | $19.00 Million | $18.40 Million | $20.70 Million | $24.10 Million |
| Free Cash Flow | $120.50 Million | $-9.90 Million | $8.10 Million | $-30.20 Million | $2.90 Million |
| Investing Cash Flow | $-22.60 Million | $-13.90 Million | $23.20 Million | $-22.50 Million | $-223.20 Million |
| Financing Cash Flow | $-61.20 Million | $-26.50 Million | $-49.40 Million | $68.10 Million | $4.30 Million |
| Dividends Paid | $2.20 Million | $1.20 Million | $2.20 Million | $5.20 Million | $62.50 Million |
| Stock-Based Compensation | $2.70 Million | $3.40 Million | $2.20 Million | $2.40 Million | $2.40 Million |
| Depreciation | $30.40 Million | $32.90 Million | $36.00 Million | $42.20 Million | $37.60 Million |
| Change in Cash | $63.40 Million | $-33.00 Million | $1.00 Million | $34.70 Million | $2.20 Million |
Innovate Corp Earnings History — EPS Actual vs. Analyst Estimates
Track Innovate Corp's quarterly earnings per share (EPS) against Wall Street estimates, along with the earnings surprise percentage for each reporting period.
| Report Date | EPS Actual | EPS Estimate | Surprise |
|---|---|---|---|
| May 18, 2026 | -1.29 | — | — |
| Mar 26, 2026 | -0.58 | — | — |
| Nov 06, 2025 | -0.71 | — | — |
| Aug 05, 2025 | -1.67 | 0.00 | — |
| Jun 13, 2025 | -1.29 | — | — |
| Mar 31, 2025 | -1.13 | 0.00 | — |
| Nov 06, 2024 | -1.18 | — | — |
| Aug 07, 2024 | 0.98 | — | — |