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Innovate VATE Non-Controlling Interests

Non-Controlling Interests at other companies

MTZ
MasTecMTZ
$120.57M+70.0%
Cardinal Infrastructure Group, Inc.
 logo
Cardinal Infrastructure Group, Inc. CDNL
$191.59M
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
$5.71M-73.4%
Foster (Lb) Co. logo
Foster (Lb) Co.FSTR
$874K+8.3%
Versant Media Group, Inc.
 logo
Versant Media Group, Inc. VSNT
$110M
PSK
Paramount Skydance Corporation Class B Common StockPSKY
$1.04B

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:MinorityInterest.

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 non-controlling interests?
Innovate (VATE) reported non-controlling interests of $13.3M in Q1 2026.
How has Innovate's non-controlling interests changed year-over-year?
Innovate's non-controlling interests decreased by 33.2% year-over-year, from $19.9M to $13.3M.
What is the long-term trend for Innovate's non-controlling interests?
Over 5 years (2020 to 2025), Innovate's non-controlling interests has grown at a -19.2% compound annual growth rate (CAGR), from $40.4M to $13.9M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.