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Innovate VATE Other income, net (Note 6)

Other income, net (Note 6) at other companies

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Gray TelevisionGTN
$8M+700%
ESO
Energy Services of AmericaESOA
-$94.22K-357%
Cardinal Infrastructure Group, Inc.
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Cardinal Infrastructure Group, Inc. CDNL
$0+100%
Foster (Lb) Co. logo
Foster (Lb) Co.FSTR
$217K-31.8%
Atkore logo
AtkoreATKR
-$25.61M-299%
VMI
Valmont IndustriesVMI

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:OtherNonoperatingIncomeExpense.

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 other income, net (note 6)?
Innovate (VATE) reported other income, net (note 6) of $300K in Q1 2026.
How has Innovate's other income, net (note 6) changed year-over-year?
Innovate's other income, net (note 6) decreased by 92.5% year-over-year, from $4M to $300K.
What is the long-term trend for Innovate's other income, net (note 6)?
Over 4 years (2021 to 2025), Innovate's other income, net (note 6) has grown at a 1.7% compound annual growth rate (CAGR), from $4.4M to $4.7M.
What does other income, net (note 6) mean?
This captures miscellaneous financial items that fall outside the scope of core operating activities, such as foreign exchange gains or losses, minor investment income, or non-recurring legal settlements. It serves as a catch-all for peripheral financial events that do not stem from the primary business operations. Investors monitor this to isolate core earnings from transient or incidental financial fluctuations.