INNOVATE Corp. (VATE)
NYSE: VATE · Real-Time Price · USD
15.89
+0.66 (4.33%)
At close: Jun 1, 2026, 4:00 PM EDT
15.55
-0.34 (-2.14%)
After-hours: Jun 1, 2026, 7:59 PM EDT
INNOVATE Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 134.6 | 112.1 | 48.8 | 80.8 | 80.4 | 45.5 |
Cash & Short-Term Investments | 134.6 | 112.1 | 48.8 | 80.8 | 80.4 | 45.5 |
Cash Growth | 304.20% | 129.71% | -39.60% | 0.50% | 76.70% | 3.88% |
Accounts Receivable | 186 | 241.1 | 194 | 278.4 | 254.9 | 247.1 |
Inventory | 15.4 | 16 | 20.8 | 22.4 | 18.9 | 17 |
Other Current Assets | 69.9 | 82.3 | 127.3 | 136.3 | 182.2 | 133 |
Total Current Assets | 405.9 | 451.5 | 390.9 | 517.9 | 536.4 | 442.6 |
Net Property, Plant & Equipment | 148.1 | 141.8 | 133.6 | 154.6 | 165 | 169.9 |
Other Intangible Assets | 163.7 | 165.2 | 172.4 | 178.9 | 190.1 | 208.4 |
Goodwill | 127.1 | 127 | 126.7 | 127.1 | 127.1 | 127.4 |
Long-Term Investments | 1.8 | 1.8 | 3.6 | 1.8 | 59.5 | 56 |
Other Long-Term Assets | 90.2 | 62.8 | 63.9 | 63.3 | 73.6 | 76.3 |
Total Assets | 936.8 | 950.1 | 891.1 | 1,044 | 1,152 | 1,081 |
Accounts Payable | 130.2 | 141.4 | 84.8 | 142.9 | 202.5 | 179.2 |
Accrued Expenses | 103.7 | 122.5 | 109.7 | 70.8 | 65.4 | 93.4 |
Current Portion of Long-Term Debt | 610.8 | 581.4 | 162.2 | 30.5 | 30.6 | 69.5 |
Unearned Revenue | 157.3 | 171.9 | 109.1 | 153.5 | 98.6 | 79.1 |
Other Current Liabilities | 17.8 | 16.9 | 17.2 | 16.1 | 20.1 | 18.3 |
Total Current Liabilities | 1,020 | 1,034 | 483 | 413.8 | 417.2 | 439.5 |
Long-Term Debt | 68.8 | 80.3 | 500.6 | 679.3 | 683.8 | 556.8 |
Other Long-Term Liabilities | 80.4 | 51 | 51.2 | 86.8 | 80.3 | 72.4 |
Total Long-Term Liabilities | 149.2 | 131.3 | 551.8 | 766.1 | 764.1 | 629.2 |
Total Liabilities | 1,169 | 1,165 | 1,035 | 1,180 | 1,181 | 1,069 |
Preferred Stock | 9.5 | 9.3 | 16.1 | 16.4 | 17.6 | 18.8 |
Common Stock | - | - | - | - | 0.1 | 0.1 |
Treasury Stock | -5.6 | -5.6 | -5.4 | -5.4 | -5.3 | -5.2 |
Additional Paid-in Capital | 350.4 | 350.1 | 350.1 | 328.3 | 330.1 | 330.6 |
Accumulated Other Comprehensive Income | -1.8 | -2.1 | -3.2 | -1.1 | 5.9 | 6.4 |
Retained Earnings | -599.3 | -582.5 | -521.9 | -487.3 | -452.1 | -416.2 |
Total Common Shareholders' Equity | -246.8 | -230.8 | -164.3 | -149.1 | -103.7 | -65.5 |
Minority Interest | 14.6 | 15.5 | 20.6 | 12.8 | 74.1 | 77.4 |
Shareholders' Equity | -232.2 | -215.3 | -143.7 | -136.3 | -29.6 | 11.9 |
Total Liabilities & Equity | 936.8 | 950.1 | 891.1 | 1,044 | 1,152 | 1,081 |
Total Debt | 679.6 | 661.7 | 662.8 | 709.8 | 714.4 | 626.3 |
Net Cash (Debt) | -545 | -549.6 | -614 | -629 | -634 | -580.8 |
Net Cash Per Share | -41.07 | -41.58 | -57.40 | -80.47 | -81.81 | -75.33 |
Book Value | -246.8 | -230.8 | -164.3 | -149.1 | -103.7 | -65.5 |
Book Value Per Share | -18.60 | -17.46 | -15.36 | -19.07 | -13.38 | -8.50 |
Tangible Book Value | -537.6 | -523 | -463.4 | -455.1 | -420.9 | -401.3 |
Tangible Book Value Per Share | -40.51 | -39.57 | -43.32 | -58.22 | -54.31 | -52.05 |