Innovate
VATEINNOVATE Corp. is a diversified holding company that acquires and manages a portfolio of subsidiaries across industrial, healthcare, and media sectors.
Earnings
Next report
Aug 5, 2026 (In 3 weeks)Revenue estimate$251.7M
EPS estimate-$2.18
Valuation & ratios
Segments
By product
Competitors
By market cap
By revenue growth
Profile
INNOVATE Corp. is a diversified holding company that acquires and manages a portfolio of subsidiaries across industrial, healthcare, and media sectors. The company focuses on driving long-term sustainable free cash flow by taking controlling interests in businesses with high growth potential and specialized market positions.
Competitive position
A diversified player with a leading position in the U.S. structural steel market and a significant footprint in low-power television broadcasting.
GeographiesUnited States
Customer segmentsEnterprise, Government, Healthcare Providers, Consumer
Business modelHolding Company, Manufacturing, Service Provider, Licensing
SuppliersSteel Mills, Raw Material Suppliers, Electronic Component Manufacturers, Pharmaceutical Ingredient Suppliers
CustomersGeneral Contractors, Real Estate Developers, Public Utilities, Healthcare Systems, Media Networks
CountryUnited States of America
Listed2009
Employees4.0K
CEOPaul Kenneth Voigt
SectorIndustrials
IndustryEngineering & Construction
Websiteinnovatecorp.com
FilingsSEC EDGAR
Questions, answered.
- What is Innovate's market cap?
- Innovate (VATE) has a market capitalization of $138.6M and trades on NYSE.
- What is Innovate's revenue and profitability?
- Innovate generated $1.3B in trailing twelve-month revenue with a net loss of $52.9M, representing a net margin of -4.0%. Gross margin stands at 15.5%, with free cash flow of $210.2M. These figures are based on the Q1 2026 filing.
- Who are Innovate's competitors?
- Innovate's key competitors include Gray Television, Inc., Nucor Corporation, MasTec, Inc., and others. These companies compete in similar markets and product categories.
- Who does Innovate partner with?
- Innovate's notable partners include Triple Ring Technologies, Inc..
- What subsidiaries does Innovate have?
- Innovate's subsidiaries include DBM Global Inc., GrayWolf Industrial Inc., Banker Steel, and others.
- Where is Innovate headquartered?
- Innovate is headquartered in United States of America and employs approximately 4,024 people. It has been publicly traded since 2009.
