Companies/INNOVATE Corp.
Company profile

INNOVATE Corp.

NYSE: VATE · Industrials · Engineering & Construction
PublicHQ New York City, NY · New YorkCIK 0001006837Reports USD
#261 of 976 Industrials companies by revenue65th-percentile growth
EA Score
46D
Revenue TTM
$1.3B
Rev growth YoY (TTM)
+25.4%
Net income (FY)
-$60.6M
Employees
3,663
as of 2026-08-13
Market cap
$104.6M
as of 2026-08-13

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$1.2B$1.2B2025
Net income-$60.6M-$60.6M2025
Operating income$28.7M$28.7M2025
Total assets$950.1M$950.1M2025
Liabilities$1.2B$1.2B2025
Equity-$240.1M-$240.1M2025

Revenue trend

FY2020 – FY2025 · USD
FY20
FY20
FY21
FY21
FY22
FY23
FY24
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Infrastructure98%
Spectrum1%
Life Sciences Segment (Pansend)1%
By geography

Not disclosed.

The read

What is INNOVATE Corp.’s revenue?

INNOVATE Corp. booked $1.2B in FY2025 revenue, growing 13% year over yearfaster than most Industrials companies we track, at a -4.9% net margin.

Key facts
CEOPaul Kenneth Voigt
SectorIndustrials
IndustryEngineering & Construction
HeadquartersNew York City, NY
ExchangeNYSE: VATE
Employees3,663
IPO date2009-07-13
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.