Skip to content
OpenCapital
Get started

Innovate VATE Redeemable non-controlling interests

Segments

By segment

See full
Spectrum$2.4M—

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%
CapEx$200.0K-95.7%
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 vate:RedeemableNoncontrollingInterestEquityCommonCarryingAmountNetOfAdjustments.

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

Questions, answered.

What is Innovate's redeemable non-controlling interests?
Innovate (VATE) reported redeemable non-controlling interests of $1.3M in Q1 2026.
How has Innovate's redeemable non-controlling interests changed year-over-year?
Innovate's redeemable non-controlling interests increased by 285.7% year-over-year, from -$700K to $1.3M.
What is the long-term trend for Innovate's redeemable non-controlling interests?
Over 3 years (2022 to 2025), Innovate's redeemable non-controlling interests has grown at a -66.7% compound annual growth rate (CAGR), from $43.4M to $1.6M.
What does redeemable non-controlling interests mean?
This metric captures the portion of equity in a subsidiary that is held by minority shareholders and is subject to redemption features, either at the option of the holder or upon the occurrence of specific external events. It represents a potential future cash outflow that is distinct from permanent equity, as it reflects a conditional obligation to repurchase ownership interests. Investors track this to understand the company's long-term capital structure risks and potential future liquidity demands related to non-controlling stakes.