Innovate annual net debt
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Innovate Net Debt Growth & History (VATE)
Innovate's net debt was $27.9M for fiscal 2025.
View full Innovate company overviewInnovate annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $27.9M | −$480.3M | −94.51% |
| 2024 | 2024-12-31 | $508.2M | −$152.4M | −23.07% |
| 2023 | 2023-12-31 | $660.6M | −$13.7M | −2.03% |
| 2022 | 2022-12-31 | $674.3M | $89.0M | +15.21% |
| 2021 | 2021-12-31 | $585.3M | $453.7M | +344.76% |
| 2020 | 2020-12-31 | $131.6M | −$620.0M | −82.49% |
| 2019 | 2019-12-31 | $751.6M | $308.4M | +69.58% |
| 2018 | 2018-12-31 | $443.2M | −$52.1M | −10.52% |
| 2017 | 2017-12-31 | $495.3M | $182.2M | +58.19% |
| 2016 | 2016-12-31 | $313.1M | $419.1M | — |
| 2015 | 2015-12-31 | −$106.0M | −$63.2M | — |
| 2014 | 2014-12-31 | −$42.8M | −$33.8M | — |
| 2013 | 2013-12-31 | −$9.0M | −$113.6M | — |
| 2012 | 2012-12-31 | $104.6M | −$103.7M | −49.79% |
| 2011 | 2011-12-31 | $208.3M | $7.1M | +3.51% |
| 2010 | 2010-12-31 | $201.2M | — | — |
Innovate quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $40.6M | −$144.0M | −78.01% |
| Q1 2026 | 2026-03-31 | $20.1M | −$141.3M | −87.55% |
| Q4 2025 | 2025-12-31 | $27.9M | −$480.3M | −94.51% |
| Q3 2025 | 2025-09-30 | $116.4M | −$391.1M | −77.06% |
| Q2 2025 | 2025-06-30 | $184.6M | −$424.8M | −69.71% |
| Q1 2025 | 2025-03-31 | $161.4M | −$502.0M | −75.67% |
| Q4 2024 | 2024-12-31 | $508.2M | −$152.4M | −23.07% |
| Q3 2024 | 2024-09-30 | $507.5M | −$88.7M | −14.88% |
| Q2 2024 | 2024-06-30 | $609.4M | $53.2M | +9.56% |
| Q1 2024 | 2024-03-31 | $663.4M | −$53.5M | −7.46% |
| Q4 2023 | 2023-12-31 | $660.6M | −$13.7M | −2.03% |
| Q3 2023 | 2023-09-30 | $596.2M | −$76.4M | −11.36% |
| Q2 2023 | 2023-06-30 | $556.2M | −$85.1M | −13.27% |
| Q1 2023 | 2023-03-31 | $716.9M | $66.8M | +10.28% |
| Q4 2022 | 2022-12-31 | $674.3M | $89.0M | +15.21% |
| Q3 2022 | 2022-09-30 | $672.6M | $53.0M | +8.55% |
| Q2 2022 | 2022-06-30 | $641.3M | −$23.5M | −3.53% |
| Q1 2022 | 2022-03-31 | $650.1M | — | — |
| Q4 2021 | 2021-12-31 | $585.3M | $453.7M | +344.76% |
| Q3 2021 | 2021-09-30 | $619.6M | — | — |
| Q2 2021 | 2021-06-30 | $664.8M | — | — |
| Q4 2020 | 2020-12-31 | $131.6M | −$620.0M | −82.49% |
| Q4 2019 | 2019-12-31 | $751.6M | $308.4M | +69.58% |
| Q3 2019 | 2019-09-30 | $543.5M | $673.0M | — |
| Q2 2019 | 2019-06-30 | $547.8M | −$8.4M | −1.51% |
| Q1 2019 | 2019-03-31 | $459.8M | −$103.5M | −18.38% |
| Q4 2018 | 2018-12-31 | $443.2M | −$52.1M | −10.52% |
| Q3 2018 | 2018-09-30 | −$129.5M | −$495.3M | — |
| Q2 2018 | 2018-06-30 | $556.2M | $204.6M | +58.20% |
| Q1 2018 | 2018-03-31 | $563.3M | $244.7M | +76.80% |
| Q4 2017 | 2017-12-31 | $495.3M | $182.2M | +58.19% |
| Q3 2017 | 2017-09-30 | $365.8M | $37.7M | +11.47% |
| Q2 2017 | 2017-06-30 | $351.6M | $431.9M | — |
| Q1 2017 | 2017-03-31 | $318.6M | $402.7M | — |
| Q4 2016 | 2016-12-31 | $313.1M | $419.1M | — |
| Q3 2016 | 2016-09-30 | $328.1M | $355.8M | — |
| Q2 2016 | 2016-06-30 | −$80.3M | −$67.8M | — |
| Q1 2016 | 2016-03-31 | −$84.1M | −$11.8M | — |
| Q4 2015 | 2015-12-31 | −$106.0M | −$63.2M | — |
| Q3 2015 | 2015-09-30 | −$27.7M | $15.5M | — |
| Q2 2015 | 2015-06-30 | −$12.5M | −$57.6M | — |
| Q1 2015 | 2015-03-31 | −$72.2M | −$59.2M | — |
| Q4 2014 | 2014-12-31 | −$42.8M | −$33.8M | — |
| Q3 2014 | 2014-09-30 | −$43.2M | — | — |
| Q2 2014 | 2014-06-30 | $45.1M | $89.4M | — |
| Q1 2014 | 2014-03-31 | −$13.0M | −$127.0M | — |
| Q4 2013 | 2013-12-31 | −$9.0M | −$113.6M | — |
| Q2 2013 | 2013-06-30 | −$44.3M | −$72.3M | — |
| Q1 2013 | 2013-03-31 | $113.9M | −$83.7M | −42.35% |
| Q4 2012 | 2012-12-31 | $104.6M | −$103.7M | −49.79% |
| Q3 2012 | 2012-09-30 | $52.7M | −$171.8M | −76.52% |
| Q2 2012 | 2012-06-30 | $28.0M | −$159.1M | −85.03% |
| Q1 2012 | 2012-03-31 | $197.6M | — | — |
| Q4 2011 | 2011-12-31 | $208.3M | $7.1M | +3.51% |
| Q3 2011 | 2011-09-30 | $224.5M | — | — |
| Q2 2011 | 2011-06-30 | $187.1M | — | — |
| Q4 2010 | 2010-12-31 | $201.2M | — | — |
Innovate net debt trends
Over the last five fiscal years, Innovate's net debt decreased from $131.6M to $27.9M, a change of −$103.7M. The latest reported quarter, Q2 2026, shows $40.6M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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