Revenue
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
INNOVATE Corp. (VATE)
Price$7.44Cached quote
Net income
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.25B | $1.11B | $1.42B | $1.64B | $1.21B | $716.9M | $755.6M | $1.77B | $1.48B | $1.42B | $1.12B | $547.4M | $230.7M | $303.0M | $412.0M | $282.0M |
| Gross profit | $199.7M | $208.8M | $216.0M | $221.4M | $183.7M | $128.4M | $159.6M | $188.9M | $169.4M | $161.7M | $138.2M | $250.9M | $10.4M | $17.3M | $22.6M | $147.1M |
| Gross margin | 16.03% | 18.86% | 15.18% | 13.52% | 15.24% | 17.91% | 21.12% | 10.65% | 11.43% | 11.42% | 12.33% | 45.83% | 4.50% | 5.72% | 5.48% | 52.17% |
| Operating expenses | $171.0M | $168.8M | $189.5M | $208.0M | $194.3M | $156.7M | $134.3M | $2.03B | $1.64B | $1.56B | $1.12B | $561.4M | $269.8M | $354.9M | $453.1M | $287.9M |
| Operating income | $28.7M | $40.0M | $26.5M | $13.4M | −$10.6M | −$28.3M | $25.3M | −$55.8M | −$1.1M | −$1.5M | $713,000 | −$14.0M | −$39.1M | −$51.9M | −$41.2M | −$5.9M |
| Operating margin | 2.30% | 3.61% | 1.86% | 0.82% | −0.88% | −3.95% | 3.35% | −3.15% | −0.07% | −0.11% | 0.06% | −2.56% | −16.97% | −17.13% | −9.99% | −2.08% |
| EBITDA | $59.1M | $72.9M | $62.5M | $55.6M | $27.0M | −$1.5M | $33.5M | −$17.1M | $35.5M | $27.4M | $33.2M | −$2.9M | −$15.2M | −$8.7M | $24.0M | $62.4M |
| EBITDA margin | 4.74% | 6.58% | 4.39% | 3.40% | 2.24% | −0.21% | 4.43% | −0.96% | 2.39% | 1.94% | 2.96% | −0.53% | −6.58% | −2.86% | 5.82% | 22.11% |
| Net income | −$60.6M | −$34.6M | −$35.2M | −$35.9M | −$227.5M | −$92.0M | −$31.5M | $162.0M | −$46.9M | −$94.5M | −$35.6M | −$14.4M | $111.6M | $27.9M | −$38.7M | −$19.1M |
| Net profit margin | −4.86% | −3.13% | −2.47% | −2.19% | −18.88% | −12.83% | −4.17% | 9.13% | −3.16% | −6.68% | −3.17% | −2.63% | 48.38% | 9.20% | −9.40% | −6.77% |
| Basic EPSper basic share | -$4.84 | -$3.08 | -$4.81 | -$5.30 | -$29.80 | -$18.80 | -$7.00 | — | -$11.60 | -$28.30 | -$15.00 | -$8.30 | $79.50 | $20.20 | -$29.80 | -$19.60 |
| Diluted EPSper diluted share | -$4.84 | -$3.08 | -$4.81 | -$5.30 | -$29.80 | -$18.80 | -$7.00 | — | -$11.60 | -$28.30 | -$15.00 | -$8.30 | $79.50 | $20.20 | -$29.80 | -$19.60 |
Owners
Reported shareholders
≈49.69%of listed shares
GLAZER AVRAM A6.78M shares · Jun 12, 2025
View holders
| Holder | % owned |
|---|---|
GLAZER AVRAM A | ≈49.69%6.78M shares |
Whitefort Capital Management, LP | 5.45%743K shares |
Jefferies Financial Group Inc. | 5.14%700.8K shares |
Voigt Paul | ≈4.83%658.43K shares |
BlackRock, Inc. | 2.60%354.41K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 1.68%228.67K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.94%128.53K shares |
Arena Capital Advisors, LLC- CA | 0.94%127.93K shares |
Sena Michael J. | ≈0.85%115.98K shares |
Prescott Group Capital Management, L.L.C. | 0.80%109.45K shares |
MARSHALL WACE, LLP | 0.79%108.15K shares |
BANK OF AMERICA CORP /DE/ | 0.61%83.24K shares |
STATE STREET CORP | 0.61%82.76K shares |
GFELLER WARREN H | —67.7K shares |
ARS Investment Partners, LLC | 0.45%61.25K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.42%56.98K shares |
Goldstein Brian Steven | —48.98K shares |
Wilkinson Amy Marie | —46.9K shares |
NORTHERN TRUST CORP | 0.31%42.84K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.29%39.07K shares |
Percentages use 13.64M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Aug 4, 2025Form 4 | Avram Glazer Irrevocable Exempt Trust +2TenPercentOwner | Buy9.5% Convertible Senior Notes due 2027 · derivative · indirect | — | — | $2.19M | — |
| Aug 4, 2025Form 4 | Avram Glazer Irrevocable Exempt Trust +2TenPercentOwner | Sell7.5% Convertible Senior Notes due 2026 · derivative · indirect | — | — | $2.00M | — |
| Nov 19, 2024Form 4 | Voigt PaulInterim CEO | BuyCommon Stock · indirect | 25.0K | $3.98 | $99.5K | 25.0K |
| Sep 12, 2024Form 4 | Voigt PaulInterim CEO | BuyCommon Stock | 43.8K | $3.80 | $166.4K | 211.7K |