What is Innovate's lease liability?

Innovate (VATE) reported lease liability of $86M in Q1 2026.

How has Innovate's lease liability changed year-over-year?

Innovate's lease liability increased by 56.4% year-over-year, from $55M to $86M.

Over 4 years (2021 to 2025), Innovate's lease liability has grown at a -6.8% compound annual growth rate (CAGR), from $74.1M to $55.9M.

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%

Cash & equivalents$134.6M+297%

Total debt$1.4B+11.6%

Total equity-$256.3M-25.5%

Total assets$936.8M+7.9%

Operating cash flow$45.5M+423%

CapEx$200.0K-95.7%

Free cash flow$45.3M+341%

Market cap$254.69M+274%

Reported directly by Innovate in its filing.

Tagged under the XBRL concept vate:LeaseLiability.

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

What is Innovate's lease liability?: Innovate (VATE) reported lease liability of $86M in Q1 2026.
How has Innovate's lease liability changed year-over-year?: Innovate's lease liability increased by 56.4% year-over-year, from $55M to $86M.
What is the long-term trend for Innovate's lease liability?: Over 4 years (2021 to 2025), Innovate's lease liability has grown at a -6.8% compound annual growth rate (CAGR), from $74.1M to $55.9M.