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Innovate VATE Net Income
Net Income at other companies
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Where this comes from
Reported directly by Innovate in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The source filing: Innovate’s 10-Q, filed May 14, 2026.
- Filed
- May 14, 2026, 4:13 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001006837-26-000039
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Income tax expense | (2.9) | (7.1) |
| Net loss | (17.1) | (25.8) |
| Net loss attributable to non-controlling interests and redeemable non-controlling interests | 0.3 | 1.3 |
| Net loss attributable to INNOVATE Corp. | (16.8) | (24.5) |
| Less: Preferred stock dividends | 0.4 | 0.3 |
| Net loss attributable to common stockholders and participating preferred stockholders | $(17.2) | $(24.8) |
| Loss per common share - basic and diluted | $(1.29) | $(1.89) |
| Weighted-average common shares outstanding - basic and diluted | 13,344,976 | 13,114,804 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Innovate's net income?
- Innovate (VATE) reported net income of -$16.8M in Q1 2026.
- How has Innovate's net income changed year-over-year?
- Innovate's net income increased by 31.4% year-over-year, from -$24.5M to -$16.8M.
- What is the long-term trend for Innovate's net income?
- Over 4 years (2021 to 2025), Innovate's net income has grown at a -28.2% compound annual growth rate (CAGR), from -$227.5M to -$60.6M.
- What does net income mean?
- The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.
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