What is Innovate's goodwill?

Innovate (VATE) reported goodwill of $127.1M in Q1 2026.

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

Innovate's goodwill increased by 0.3% year-over-year, from $126.7M to $127.1M.

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

Over 5 years (2020 to 2025), Innovate's goodwill has grown at a 2.7% compound annual growth rate (CAGR), from $111M to $127M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Innovate VATE Goodwill

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Segments

By segment

See full

Infrastructure$105.7M+0.4%

Spectrum$21.4M0.0%

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 us-gaap:Goodwill.

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

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Questions, answered.

What is Innovate's goodwill?: Innovate (VATE) reported goodwill of $127.1M in Q1 2026.
How has Innovate's goodwill changed year-over-year?: Innovate's goodwill increased by 0.3% year-over-year, from $126.7M to $127.1M.
What is the long-term trend for Innovate's goodwill?: Over 5 years (2020 to 2025), Innovate's goodwill has grown at a 2.7% compound annual growth rate (CAGR), from $111M to $127M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.