Where does Innovate's balance sheet data come from?

Every line is extracted from Innovate's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Innovate VATE Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$112.1M+127%	$49.3M-40.1%	$82.3M+0.1%	$82.2M+73.1%
Restricted cash	$600K—	$0-100%	$900K+200%	$300K-85.0%
Accounts receivable, net	$240.5M+27.8%	$188.2M-31.1%	$273.2M+9.1%	$250.4M-1.8%
Inventories	$16M-23.1%	$20.8M-7.1%	$22.4M+18.5%	$18.9M+11.2%
Raw materials	$14.9M-24.0%	$19.6M-6.7%	$21M+33.8%	$15.7M+9.8%
Work in process	$300K-25.0%	$400K-33.3%	$600K-50.0%	$1.2M0.0%
Finished goods	$800K0.0%	$800K0.0%	$800K-60.0%	$2M+33.3%
Income taxes receivable	$4.4M+633%	$600K-71.4%	$2.1M-60.4%	$5.3M—
Contract assets	$64.1M-39.7%	$106.3M-10.4%	$118.6M-28.2%	$165.1M-30.2%
Total current assets	$451.5M+15.5%	$390.9M-24.5%	$517.9M-3.4%	$536.4M+21.2%
Property and equipment, net	$141.8M+6.1%	$133.6M-13.6%	$154.6M+51,433%	$300K-99.8%
Construction in progress	$237M+28.2%	$184.9M-31.9%	$271.7M+11.0%	$244.8M+7.9%
Accumulated depreciation	$172.2M+16.2%	$148.2M+7.6%	$137.7M+16.2%	$118.5M+24.6%
Total property and equipment, gross	$314M+11.4%	$281.8M-3.6%	$292.3M+3.1%	$283.5M+7.0%
Operating lease right-of-use assets	6.4%+0.3%	6.1%+0.5%	5.6%+0.3%	5.3%-0.1%
Goodwill	$127M+0.2%	$126.7M-0.3%	$127.1M0.0%	$127.1M-0.2%
Intangible assets, net	$57.3M-66.8%	$172.4M-3.6%	$178.9M+113%	$83.8M-59.8%
Deferred tax assets	$4.7M+6.8%	$4.4M+7.3%	$4.1M-95.0%	$82.5M+807%
Other non-current assets	$7.3M-9.9%	$8.1M+200%	$2.7M-41.3%	$4.6M+24.3%
Long-term investments	$1.8M-50.0%	$3.6M+100%	$1.8M-97.0%	$59.5M+6.3%
Total assets	$950.1M+6.6%	$891.1M-14.6%	$1.04B-9.4%	$1.15B+6.6%
Accounts payable	$42.5M—	$0+100%	-$7.4M—	——
Accrued expenses	$12.8M-4.5%	$13.4M-6.3%	$14.3M-17.3%	$17.3M-29.4%
Accrued compensation	$36.7M+7.6%	$34.1M+16.8%	$29.2M-5.2%	$30.8M-20.8%
Deferred revenue	$171.9M+57.6%	$109.1M-28.9%	$153.5M+55.7%	$98.6M+24.7%
Current portion of long-term debt	$581.4M+258%	$162.2M+432%	$30.5M-0.3%	$30.6M-56.0%
Operating lease liabilities, current	$12.9M0.0%	$12.9M-4.4%	$13.5M-21.1%	$17.1M+10.3%
Contract liabilities	$171.9M+57.6%	$109.1M-28.9%	$153.5M+55.7%	$98.6M+24.7%
Income taxes payable	$600K-25.0%	$800K+100%	$400K0.0%	$400K0.0%
Accrued interest	$72.1M+18.2%	$61M+257%	$17.1M+11.8%	$15.3M-48.3%
Total current liabilities	$1.03B+114%	$483M+16.7%	$413.8M-0.8%	$417.2M-5.1%
Long-term debt	$687.2M+2.8%	$668.3M-7.2%	$720.4M-0.7%	$725.3M+15.0%
Operating lease liabilities, non-current	$42.9M-1.4%	$43.5M-10.5%	$48.6M-9.7%	$53.8M-8.0%
Finance Lease Liabilities (Total)	$100K-83.3%	$600K-75.0%	$2.4M+14.3%	$2.1M+2,000%
Operating Lease Liabilities (Total)	$55.8M-1.1%	$56.4M-9.2%	$62.1M-12.4%	$70.9M-4.2%
Finance lease liabilities	$100K-83.3%	$600K-75.0%	$2.4M+14.3%	$2.1M+2,000%
Other non-current liabilities	$46.3M-1.1%	$46.8M-43.4%	$82.7M+16.2%	$71.2M+12.5%
Total liabilities	$1.17B+12.6%	$1.03B-12.3%	$1.18B-0.1%	$1.18B+10.5%
Common stock	250M—	0—	0-100%	160M+159,900%
Additional paid-in capital	$350.1M0.0%	$350.1M+6.6%	$328.3M-0.5%	$330.1M-0.2%
Retained earnings	-$582.5M-11.6%	-$521.9M-7.1%	-$487.3M-7.8%	-$452.1M-8.6%
Accumulated other comprehensive income (loss)	-$2.1M+34.4%	-$3.2M-191%	-$1.1M-119%	$5.9M-7.8%
Treasury stock	$5.6M+3.7%	$5.4M0.0%	$5.4M+1.9%	$5.3M+1.9%
Redeemable noncontrolling interests	$10.9M-30.1%	$15.6M+1.3%	$15.4M-74.8%	$61M-10.4%
Noncontrolling interests	$13.9M-34.1%	$21.1M+52.9%	$13.8M-55.0%	$30.7M+9.3%
Total stockholders' equity	-$240.1M-33.1%	-$180.4M-9.0%	-$165.5M-36.4%	-$121.3M-43.9%
Total liabilities and stockholders' equity	$950.1M+6.6%	$891.1M-14.6%	$1.04B-9.4%	$1.15B+6.6%
Allowance for Doubtful Accounts	$200K+100%	$100K-75.0%	$400K-20.0%	$500K-16.7%
Allowance for Doubtful Accounts Receivable (Current)	$200K+100%	$100K-75.0%	$400K-20.0%	$500K-16.7%
Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)	$112.7M+129%	$49.3M—	——	——
Other current assets	$18.2M-13.3%	$21M+18.6%	$17.7M+3.5%	$17.1M+56.9%
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)	$3.2M+28.0%	$2.5M+525%	$400K-63.6%	$1.1M—
Other Receivables	$600K-89.7%	$5.8M+11.5%	$5.2M+15.6%	$4.5M-57.5%
Deferred Tax Assets and Other Non-Current Assets	$60.8M-2.4%	$62.3M+765%	$7.2M+18.0%	$6.1M-91.7%
Finite Lived Intangible Assets - Gross	$129M0.0%	$129M-0.2%	$129.3M-0.3%	$129.7M-3.4%
Indefinite-Lived Intangible Assets	$107.9M+0.2%	$107.7M+1.3%	$106.3M0.0%	$106.3M-0.2%
Indefinite-Lived Intangible Assets, Gross	$107.9M+0.2%	$107.7M+1.3%	$106.3M0.0%	$106.3M-0.2%
Indefinite-Lived Research and Development Assets	$107.9M+0.2%	$107.7M+1.3%	$106.3M0.0%	$106.3M-0.2%
Indefinite-Lived Trademarks	$107.9M+0.2%	$107.7M+1.3%	$106.3M0.0%	$106.3M-0.2%
Net Investment in Lease	$52.9M-1.5%	$53.7M-7.4%	$58M-11.9%	$65.8M-5.5%
Net Operating Loss Carryforwards	$141.8M—	——	——	$162.9M—
Deferred tax assets	$2M+25.0%	$1.6M-20.0%	$2M+17.6%	$1.7M-43.3%
Intangible assets — net	$57.3M-11.4%	$64.7M-10.9%	$72.6M-13.4%	$83.8M-17.8%
Other intangible assets—net	$165.2M-4.2%	$172.4M-3.6%	$178.9M-5.9%	$190.1M-8.8%
Investments	$1.8M-50.0%	$3.6M+100%	$1.8M-97.0%	$59.5M+6.3%
Operating lease right-of-use assets	$52.9M-1.5%	$53.7M-7.4%	$58M-11.9%	$65.8M-5.5%
Other non-current assets	$60.8M-2.4%	$62.3M+1.6%	$61.3M-14.7%	$71.9M-1.9%
Property, plant and equipment, net	$141.8M+6.1%	$133.6M-13.6%	$154.6M-6.3%	$165M-2.9%
Operating Lease Right-of-Use Assets in Other Assets	$52.9M-1.5%	$53.7M-7.4%	$58M-11.9%	$65.8M-5.5%
Software and Technology Licenses, Net	$60.8M-2.4%	$62.3M+1.6%	$61.3M-14.7%	$71.9M-1.9%
Other Commercial Liabilities	$122.5M+11.7%	$109.7M+54.9%	$70.8M+8.3%	$65.4M-30.0%
Accounts Payable And Other Accrued Liabilities	$141.4M+66.7%	$84.8M-40.7%	$142.9M-29.4%	$202.5M+13.0%
Accrued Liabilities, Current	$122.5M+11.7%	$109.7M+54.9%	$70.8M+8.3%	$65.4M-30.0%
Other accrued liabilities	$16.9M-1.7%	$17.2M+6.8%	$16.1M-19.9%	$20.1M+9.8%
Finance Lease Liability Payment Due	——	——	$2.6M—	——
Finance Lease Liability - Undiscounted Excess Amount	——	——	$200K—	——
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——
Lease Liability Payments - 2021	——	——	$1.8M—	——
Operating Lease Liability Payments - 2024 (Lessee)	——	——	$13M—	——
Operating Lease Liability Payments - 2025 (Lessee)	——	——	$7.2M—	——
Lease Liability Payments - Due Year Two	——	——	$300K—	——
Lease Liability Payments - Due Year Three	——	——	$9.6M—	——
Lease Liability Payments - Due Year Four	——	——	$7.2M—	——
Lease Liability Payments - Remainder of Fiscal Year	——	——	$16.5M—	——
Operating Lease Liability Payments Due	——	——	$75.8M—	——
Operating Lease Liability - Undiscounted Excess Amount	——	——	$13.7M—	——
Sales taxes payable	$300K-25.0%	$400K-95.9%	$9.8M+513%	$1.6M—
Debt Maturity - 2024	——	——	——	——
Debt Maturity - 2027	——	——	$300K—	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	-$25.5M-364%	-$5.5M-142%	$13M+19.3%	$10.9M+142%
Operating Lease Liability Payments - 2027 (Lessee)	——	——	$5.5M—	——
Operating Lease Liability Payments - 2028 (Lessee)	——	——	$7.2M—	——
Long-Term Debt and Finance Lease Obligations	$80.3M-84.0%	$500.6M-26.3%	$679.3M-0.7%	$683.8M+22.8%
Total debt	$1.32B+49.2%	$887.5M+8.8%	$815.4M-1.6%	$828.9M+7.0%
Unrecognized Tax Benefits - Impacting Effective Tax Rate	——	——	$0—	——
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	13.8M+3.0%	13.4M+66.1%	8.1M-89.9%	80.2M+1.2%
Common Stock Shares Outstanding	——	——	$0—	——
Convertible Preferred Stock Authorized Shares	20M0.0%	20M0.0%	20M0.0%	20M0.0%
Additional paid-in capital	$350.1M0.0%	$350.1M+6.6%	$328.3M-0.5%	$330.1M-0.2%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$0—	$0—	$0-100%	$100K0.0%
Redeemable non-controlling interests	$1.6M+420%	-$500K+50.0%	-$1M-102%	$43.4M—
Number of Exercisable Options	217.7K+84.9%	117.7K—	——	——
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.00—	——
Share-Based Payment Award Options Outstanding - Number	317.7K+45.9%	217.7K-53.1%	464.3K-7.1%	499.5K-89.4%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	——	——	$0—	——
Weighted Average Exercise Price of Outstanding Options	$13.39-21.0%	$16.94-67.2%	$51.68+2.9%	$50.20+879%
Allowance for doubtful accounts	$200K+100%	$100K-75.0%	$400K-20.0%	$500K-16.7%
Cash and cash equivalents, end of period	$112.7M+129%	$49.3M—	——	——
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$250M0.0%	$250M+56.3%	$160M0.0%	$160M0.0%
Common stock, shares issued (in shares)	$13.82M+3.0%	$13.41M+66.1%	$8.07M-89.9%	$80.22M+1.2%
Common Stock, Shares, Outstanding	$13.66M+3.0%	$13.26M+67.4%	$7.92M-89.9%	$78.79M+1.2%
Construction work in progress	$237M+28.2%	$184.9M-31.9%	$271.7M+11.0%	$244.8M+7.9%
Contract with Customer, Asset, after Allowance for Credit Loss	$64.1M-39.7%	$106.3M-10.4%	$118.6M-28.2%	$165.1M+39.2%
Contract with Customer, Liability	$171.9M+57.6%	$109.1M-28.9%	$153.5M+55.7%	$98.6M+24.7%
Contract With Customer, Net Asset (Liability)	-$107.8M-3,750%	-$2.8M+92.0%	-$34.9M-152%	$66.5M+68.4%
Cost Earned On Uncompleted Contracts, Gross	$1.56B+3.2%	$1.51B-54.5%	$3.32B+15.3%	$2.88B+16.3%
Cost Earned On Uncompleted Contracts, Net	-$107.8M-3,750%	-$2.8M+92.0%	-$34.9M-152%	$66.5M+68.4%
Costs incurred on contracts in progress	$1.37B-4.9%	$1.44B-49.0%	$2.81B+12.3%	$2.5B+15.8%
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	-$25.5M-364%	-$5.5M-142%	$13M+19.3%	$10.9M+142%
Deferred income taxes	$4.7M+6.8%	$4.4M+7.3%	$4.1M-54.9%	$9.1M0.0%
Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration	$141.8M—	——	$121.9M—	——
Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration	$34.5M—	——	$57.3M—	——
Cost not yet recognized	——	——	——	——
Estimated earnings	$194.4M+156%	$75.8M-85.1%	$510.1M+34.6%	$378.9M+19.8%
Finance Lease Liability Payments Due	——	——	$2.6M—	——
2027	——	——	$1.8M—	——
Finance Lease Liability Payments Due Year Four	——	——	$200K—	——
Finance Lease Liability Payments Due Year Three	——	——	$200K—	——
Finance Lease Liability Payments Due Year Two	——	——	$300K—	——
Thereafter	——	——	——	——
Finance Lease Liability Undiscounted Excess Amount	——	——	$200K—	——
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$100K-80.0%	$500K-78.3%	$2.3M+9.5%	$2.1M+950%
Finite-Lived Intangible Assets, Accumulated Amortization	$71.7M+11.5%	$64.3M+13.4%	$56.7M+23.5%	$45.9M+42.1%
Gross Carrying Amount	$129M0.0%	$129M-0.2%	$129.3M-0.3%	$129.7M-3.4%
Tax receivable within other current assets	$4.4M+633%	$600K-71.4%	$2.1M-60.4%	$5.3M—
Trademarks	$107.9M+0.2%	$107.7M+1.3%	$106.3M0.0%	$106.3M-0.2%
Raw materials	$14.9M-24.0%	$19.6M-6.7%	$21M+33.8%	$15.7M+9.8%
Lease Liability	$55.9M-1.9%	$57M-11.6%	$64.5M-11.6%	$73M-1.5%
Lease, Right-Of-Use Asset	$53M-2.2%	$54.2M-10.1%	$60.3M-11.2%	$67.9M-2.7%
Lessee Operating Lease Liability Payments Due	——	——	$75.8M—	——
Thereafter	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	$13.7M—	——
Long-Term Debt and Lease Obligation	$80.3M-84.0%	$500.6M-26.3%	$679.3M-0.7%	$683.8M+22.8%
Long-Term Debt And Lease Obligations, Maturities, Repayments Of Principal In Year Three	——	——	$502.4M—	——
Long-Term Debt And Lease Obligations, Maturities Repayments Of Principal Remainder Of Fiscal Year	——	——	——	——
Long-Term Debt And Lease Obligations, Maturities Repayments Of Principal In Year Two	——	——	$271.6M—	——
Long-Term Debt And Lease Obligations, Maturities, Repayments Of Principal In Year Four	——	——	$200K—	——
Long-Term Debt And Lease Obligations, Maturities Repayments Of Principal In Year One	——	——	$83.5M—	——
2028	——	——	$271.3M—	——
2029	——	——	$502.2M—	——
2030	——	——	$0—	——
2027	——	——	$81.7M—	——
Remainder of 2026	——	——	——	——
Noncontrolling interests in subsidiaries	$13.9M-34.1%	$21.1M+52.9%	$13.8M-55.0%	$30.7M+9.3%
Operating Lease Weighted Average Discount Rate Percent	$0.06+4.9%	$0.06+8.9%	$0.06+5.7%	$0.05-1.9%
Other	$4M-7.0%	$4.3M+65.4%	$2.6M-13.3%	$3M—
Other	$3.4M+30.8%	$2.6M-21.2%	$3.3M-81.0%	$17.4M+263%
Other receivables	$600K-89.7%	$5.8M+11.5%	$5.2M+15.6%	$4.5M-57.5%
Payments to acquire marketable securities, percentage of issuer's outstanding common stock (less than)	——	1%—	——	——
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$0—	——
Preferred Stock, Shares Authorized	$20M0.0%	$20M0.0%	$20M0.0%	$20M0.0%
Prepaid expenses	$10.6M-2.8%	$10.9M-2.7%	$11.2M+7.7%	$10.4M—
Less: progress billings	$1.67B+10.2%	$1.51B-54.9%	$3.36B+19.2%	$2.82B+15.5%
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	$217.73K+84.9%	$117.73K—	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$317.73K+45.9%	$217.73K-53.1%	$464.28K-7.1%	$499.52K-89.4%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$13.39-21.0%	$16.94-67.2%	$51.68+2.9%	$50.2+879%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	——	——	$0—	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$16.94-38.9%	$27.74—	——	——
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares	——	——	0—	——
Treasury stock, shares (in shares)	$163.84K+10.1%	$148.8K0.0%	$148.8K-89.6%	$1.43M+2.8%
Unbilled balances	$100K0.0%	$100K—	$0-100%	$200K-50.0%
Amount that if recognized, would affect the effective tax rate or regulatory liability	——	——	$0—	——
Remainder of Fiscal Year 2024	——	——	——	——
Weighted-Average Discount Rate	5%-0.3%	5.3%-1.5%	6.8%+1.1%	5.7%+1.5%
Weighted-Average Discount Rate - Finance Leases	$0.05-5.7%	$0.05-22.1%	$0.07+19.3%	$0.06+35.7%

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Where does Innovate's balance sheet data come from?: Every line is extracted from Innovate's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.