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Innovate VATE Operating Lease Liabilities (Total)

Operating Lease Liabilities (Total) at other companies

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MasTecMTZ
$487.6M+22.5%
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Gray TelevisionGTN
$67M-8.2%
ESO
Energy Services of AmericaESOA
$2.39M-4.8%
Cardinal Infrastructure Group, Inc.
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Cardinal Infrastructure Group, Inc. CDNL
$22.71M
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Sterling Infrastructure, Inc.STRL
$54.73M+12.5%
MAG
MagneraMAGN
$63M

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:OperatingLeaseLiability.

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 operating lease liabilities (total)?
Innovate (VATE) reported operating lease liabilities (total) of $85.9M in Q1 2026.
How has Innovate's operating lease liabilities (total) changed year-over-year?
Innovate's operating lease liabilities (total) increased by 56.8% year-over-year, from $54.8M to $85.9M.
What is the long-term trend for Innovate's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Innovate's operating lease liabilities (total) has grown at a 3.3% compound annual growth rate (CAGR), from $47.5M to $55.8M.
What does operating lease liabilities (total) mean?
This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.