What is Innovate's capex?

Innovate (VATE) reported capex of $200K in Q1 2026.

How has Innovate's capex changed year-over-year?

Innovate's capex decreased by 95.7% year-over-year, from $4.7M to $200K.

What is the long-term trend for Innovate's capex?

Over 3 years (2021 to 2024), Innovate's capex has grown at a -7.6% compound annual growth rate (CAGR), from $24.1M to $19M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Innovate VATE CapEx

CapEx at other companies

MTZ

MasTecMTZ

$96.77M+105%

Gray TelevisionGTN

$19M+26.7%

NucorNUE

$661M-23.1%

ESO

Energy Services of AmericaESOA

$3.71M+68.7%

Cardinal Infrastructure Group, Inc. CDNL

$9.32M-10.2%

Sterling Infrastructure, Inc.STRL

$19.63M+9.5%

Other financials

Income statement

See full

Revenue$364.8M+33.0%

Gross profit$53.5M+17.6%

Operating income$10.0M+194%

Net income-$16.8M+31.4%

EPS (diluted)-$1.29+31.7%

Balance sheet

See full

Cash & equivalents$134.6M+297%

Total debt$1.4B+11.6%

Total equity-$256.3M-25.5%

Total assets$936.8M+7.9%

Cash flow

See full

Operating cash flow$45.5M+423%

Free cash flow$45.3M+341%

Valuation

See full

Market cap$254.69M+274%

Where this comes from

Reported directly by Innovate in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Innovate’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

Ask your AI about Innovate's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Innovate's capex?: Innovate (VATE) reported capex of $200K in Q1 2026.
How has Innovate's capex changed year-over-year?: Innovate's capex decreased by 95.7% year-over-year, from $4.7M to $200K.
What is the long-term trend for Innovate's capex?: Over 3 years (2021 to 2024), Innovate's capex has grown at a -7.6% compound annual growth rate (CAGR), from $24.1M to $19M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.