Skip to content
Screener

Innovate VATE Q3 2025 earnings

Reported November 12, 2025 · After market close

Revenue$347.1M
EPS-$0.71

Next report

Nov 12, 2026 (in 2 months)
Revenue estimate$251.7M
EPS estimate-$2.18

Financials

Q3 2025

Income statement

See full
Revenue$347.1M+43.3%
Gross profit$49.7M+3.1%
Operating income$6.1M+3.4%
Net income-$8.9M+40.7%
EPS (diluted)-$0.71+39.8%

Balance sheet

See full
Cash & equivalents$36.1M-31.2%
Total debt$1.3B+40.5%
Total equity-$233.3M-43.0%
Total assets$913.2M+1.8%

Cash flow

See full
Operating cash flow$19.2M+168%
CapEx$200.0K-93.5%
Free cash flow$19.0M+160%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$65.21M+35.0%
Enterprise value$1.36B+44.2%
P/S0.1×0.0×

Profitability

See full
Gross margin17%-1.1pp
Operating margin1.5%-2.6pp
Net margin-6.3%-13.7pp

Returns & leverage

See full
Current ratio0.4×-0.4×

Segments

By product

See full
Commercial$116.1M+103%
Industrial$85.1M+31.5%
Healthcare$48.6M+18.8%
Transportation$48.6M-16.5%
Government$36.1M+826%

FAQ

When did Innovate report Q3 2025 earnings?
Innovate (VATE) reported Q3 2025 earnings on November 12, 2025 after market close.
What were Innovate's Q3 2025 revenue and EPS?
Innovate reported revenue of $347.1M and eps of $-0.71 for Q3 2025.
How did Innovate's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 43.3% from $242.2M a year earlier and eps grew 39.8% from $-1.18.
Where can I find Innovate's Q3 2025 SEC filings?
You can read the 8-K earnings release (0001006837-25-000126) and the 10-Q periodic report (0001006837-25-000127) directly on SEC EDGAR. The filing index links above go to sec.gov.