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Innovate VATE Pre-Tax Income

Pre-Tax Income at other companies

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MasTecMTZ
$91.45M+923%
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-$28M-16.7%
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$1.1B+285%
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$412.35K+105%
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$12.53M+88.7%
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$145.14M+23.0%

Other financials

Income statement

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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

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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

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Operating cash flow$45.5M+423%
CapEx$200.0K-95.7%
Free cash flow$45.3M+341%

Valuation

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Market cap$254.69M+274%

Where this comes from

Reported directly by Innovate in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?
Innovate (VATE) reported pre-tax income of -$14.2M in Q1 2026.
How has Innovate's pre-tax income changed year-over-year?
Innovate's pre-tax income increased by 24.1% year-over-year, from -$18.7M to -$14.2M.
What is the long-term trend for Innovate's pre-tax income?
Over 4 years (2021 to 2025), Innovate's pre-tax income has grown at a -6.6% compound annual growth rate (CAGR), from -$80.7M to -$61.5M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.