Stocktoria
INNOVATE Corp. VATE
NYSE · XNYS · stock · Fabricated Structural Metal Products · website · IPO 2011-06-23
INNOVATE Corp. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.4B | $1.6B | $1.2B |
| Gross profit | $199.7M | $208.8M | $216.0M | $221.4M | $183.7M |
| SG&A expense | $153.1M | $160.2M | $168.0M | $180.1M | $168.3M |
| Operating income | $28.7M | $40.0M | $26.5M | $13.4M | -$10.6M |
| Interest expense | — | — | $68.2M | $52.0M | $59.1M |
| Income tax | $2.5M | $6.3M | $4.5M | $900,000 | $5.6M |
| Net income | -$60.6M | -$34.6M | -$35.2M | -$35.9M | -$227.5M |
| EPS (diluted) | $-4.84 | $-3.08 | $-4.81 | $-0.53 | $-2.98 |
| Operating cash flow | $146.6M | $9.1M | $26.5M | -$9.5M | $27.0M |
| Free cash flow | — | -$9.9M | $8.1M | -$30.2M | $2.9M |
| Cash & equivalents | $112.1M | $48.8M | $80.8M | $80.4M | $45.5M |
| Inventory | $16.0M | $20.8M | $22.4M | $18.9M | $17.0M |
| Total assets | $950.1M | $891.1M | $1.0B | $1.2B | $1.1B |
| Total liabilities | $1.2B | $1.0B | $1.2B | $1.2B | $1.1B |
| Shareholders' equity | -$240.1M | -$180.4M | -$165.5M | -$121.3M | -$84.3M |
Source: SEC EDGAR filings · CIK 0001006837 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.