INNOVATE (VATE) earnings

INNOVATE Corp.· Industrials

Results to: Jun 2026
Latest analysed call: Jun 2026 (Q2 FY26)
Balance sheet to: Dec 2025

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INNOVATE earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	422 $ million	+74.2% YoY	Quarterly, as filed	Quarter to Jun 2026	Revenue from operations as filed.
Operating margin	8.2 %	+6.2 pts YoY	Operating profit / revenue	Quarter to Jun 2026	For the quarter; a change is in percentage points.
Net profit	10.7 $ million	—	Quarterly, as filed	Quarter to Jun 2026	Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.

Source: Inve data from filed results (SEC filings) · to Jun 2026

Price

$5.95 −0.83% · −$0.05

Last close Oct 19, 2026 · US · USD

Performance +31.3% 1Y

1Y: $4.53 on 17 Oct 2025 → $5.95. High $20.06 (18 Jun 2026), low $3.98 (18 Mar 2026).

Previous close: $6
52-week range: $3.98 – $20.06
One year: +26.87%

Overview

Symbol: VATE
Sector: Industrials
Exchange: US
Currency: USD

Financials

What the filings say

Net profit, year on year: +154% (quarter to jun 2026 against jun 2025).

In $ million. Oldest period first.

Line item	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	242	237	274	242	347	383	365	422
Operating profit	6	3	3	5	6	14	10	35
Operating margin	2.4%	1.1%	1.2%	2.0%	1.8%	3.7%	2.7%	8.2%
Interest	21	20	20	21	23	24	25	28
Profit before tax	-13	-15	-19	-17	-17	-9	-14	26
Tax rate	−23.7%	−16.1%	−38.0%	−25.0%	42.5%	18.3%	−20.4%	51.4%
Net profit	-15	-17	-24	-20	-9	-7	-17	11
EPS ($ per share)	-1.18	—	-1.89	-1.67	-0.71	—	-1.29	0.74

Source: Inve data · income statement, quarterly · to Jun 2026

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	0	0	0	0	0	0	0	0
Reserves	-57	-97	-189	-416	-452	-487	-522	-582
Total liabilities	6,282	6,493	6,108	1,069	1,181	1,180	1,035	1,165
Fixed assets	376	224	113	170	165	155	134	132
Total assets	6,504	6,958	6,724	1,081	1,152	1,044	891	950

Source: Inve data · balance sheet · to Dec 2025

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from operations	341	111	41	27	-9	27	9	147
Cash from investing	-225	-264	162	-223	-22	39	-14	-23
Cash from financing	115	62	-204	4	68	-65	-26	-61
Net cash flow	232	-111	21	2	35	0	-33	63
Capital expenditure	-40	-25	-18	-24	-21	-18	-19	-0
Free cash flow	302	86	23	3	-30	8	-10	146

Source: Inve data · cash flow · to Dec 2025

Insider filings

10 filings between Mar 13, 2026 and Aug 12, 2026.

Open market

decisions to buy or sell

Nobody bought or sold VATE on the open market in this window. The filings below are 6 awards and 4 tax withholdings.

Compensation

not trading decisions

6: Award — granted as compensation
4: Tax withheld — shares kept back by the company to cover tax

Latest filings (27)

Date	Insider	What	Shares	Value
Aug 12, 2026	Voigt Paul Interim CEO	Tax withheld	60,643	$462.2K
Aug 11, 2026	Goldstein Brian Steven Director	Award	12,016	$0
Aug 11, 2026	GLAZER AVRAM A Director	Award	12,016	$0
Aug 11, 2026	GFELLER WARREN H Director	Award	12,016	$0
Aug 11, 2026	Voigt Paul Interim CEO	Award	133,511	$0
Aug 11, 2026	Sena Michael J. CFO and Corporate Secretary	Award	15,576	$0
Aug 11, 2026	Wilkinson Amy Marie Director	Award	12,016	$0
Mar 15, 2026	Sena Michael J. Chief Financial Officer	Tax withheld	1,207	$5.1K
Mar 14, 2026	Sena Michael J. Chief Financial Officer	Tax withheld	4,920	$20.8K
Mar 13, 2026	Sena Michael J. Chief Financial Officer	Tax withheld	1,784	$7.8K
Aug 6, 2025	Voigt Paul Interim CEO	Award	176,056	$1000.0K
Jun 12, 2025	GFELLER WARREN H Director	Award	16,363	$0
Jun 12, 2025	Goldstein Brian Steven Director	Award	16,363	$0
Jun 12, 2025	GLAZER AVRAM A Director	Award	16,363	$0
Jun 12, 2025	Wilkinson Amy Marie Director	Award	16,363	$0
Mar 15, 2025	Sena Michael J. Chief Financial Officer	Tax withheld	1,053	$8.2K
Mar 14, 2025	Sena Michael J. Chief Financial Officer	Tax withheld	4,302	$33.0K
Mar 13, 2025	Sena Michael J. Chief Financial Officer	Award	12,946	$0
Mar 11, 2025	Sena Michael J. Chief Financial Officer	Tax withheld	862	$6.2K
Dec 16, 2024	GLAZER AVRAM A Director	Gift	2,097,902	$0
Dec 16, 2024	GLAZER AVRAM A Director	Gift	2,097,902	$0
Dec 16, 2024	GLAZER AVRAM A Director	Gift	2,097,902	$0
Dec 16, 2024	GLAZER AVRAM A Director	Gift	2,097,902	$0
Nov 19, 2024	Voigt Paul Interim CEO	Purchase	25,000	$99.5K
Oct 29, 2024	Voigt Paul Interim CEO	Award	95,322	$0
Oct 29, 2024	Voigt Paul Interim CEO	Award	142,857	$0
Sep 12, 2024	Voigt Paul Interim CEO	Purchase	43,785	$166.4K

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.

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