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Innovate VATE Property, plant and equipment, net

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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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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 property, plant and equipment, net?
Innovate (VATE) reported property, plant and equipment, net of $148.1M in Q1 2026.
How has Innovate's property, plant and equipment, net changed year-over-year?
Innovate's property, plant and equipment, net increased by 11.7% year-over-year, from $132.6M to $148.1M.
What is the long-term trend for Innovate's property, plant and equipment, net?
Over 5 years (2020 to 2025), Innovate's property, plant and equipment, net has grown at a 4.7% compound annual growth rate (CAGR), from $112.8M to $141.8M.
What does property, plant and equipment, net mean?
This represents the net book value of long-term tangible assets used in the production, distribution, and administrative functions of the business. It includes manufacturing facilities, machinery, and equipment after accounting for accumulated depreciation. This metric is central to assessing the capital intensity of the company's operations.