Skip to content

Innovate VATE Net Income

Net Income at other companies

MTZ
MasTecMTZ
$60.84M+514%
Gray Television logo
Gray TelevisionGTN
-$20M-122%
Nucor logo
NucorNUE
$743M+376%
Cardinal Infrastructure Group, Inc.
 logo
Cardinal Infrastructure Group, Inc. CDNL
$3.42M-37.6%
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
$95.97M+143%
VMI
Valmont IndustriesVMI
$108.03M+23.8%

Other financials

Income statement

See full
Revenue$364.8M+33.0%
Gross profit$53.5M+17.6%
Operating income$10.0M+194%
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:NetIncomeLoss.

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

Ask your AI about Innovate's net income.

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

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.