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Companies/INNOVATE Corp.
Company profile

INNOVATE Corp.

NYSE: VATE · Industrials · Engineering & Construction
PublicHQ New York City, NY · New YorkCIK 0001006837Reports USD
#268 of 959 Industrials companies by revenue66th-percentile growth
EA Score
46D
FH 40DQ 58GM 33SS 59
v0.1 · 65/100 weight · provisional
↑ disclosure history, workforce scale · ↓ growth stability, 3-yr revenue growth
Methodology →
Revenue TTM
$1.3B
Rev growth YoY (TTM)
+25.4%
Net income (FY)
-$60.6M
Employees
3,135
Market cap
$202.0M
OverviewFinancialsSegmentsFilingsESGPeople & Places

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
$1.0B
FY20
$716.9M
FY20
$171.8M
FY21
$1.2B
FY21
$1.6B
FY22
$1.4B
FY23
$1.1B
FY24
$1.2B
FY25

Revenue by segment

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

Not disclosed.

The read

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

Peers · Industrials
RCM Technologies, Inc.70BAlta Equipment Group Inc.46DTantalus Systems Holding Inc.——Nanoxplore Inc.40D
Neighbors
New York →
JPMorgan Chase & Co.$182.4B72BMorgan Stanley$34.3B60CThe Goldman Sachs Group, Inc.——Philip Morris International Inc.$40.6B86AAmerican Express Company$41.3B78B+Citigroup Inc.$85.2B56C
Key facts
CEOPaul Kenneth Voigt
SectorIndustrials
IndustryEngineering & Construction
HeadquartersNew York City, NY
ExchangeNYSE: VATE
Employees3,135
IPO date2009-07-13
Latest filings
8-K2026-07-088-K2026-06-118-K2026-06-0110-Q2026-05-148-K2026-05-14DEF 14A2026-04-288-K2026-04-068-K2026-03-31
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.
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