What is Innovate's PP&E sale proceeds?

Innovate (VATE) reported PP&E sale proceeds of $100K in Q1 2026.

How has Innovate's PP&E sale proceeds changed year-over-year?

Innovate's PP&E sale proceeds decreased by 90.9% year-over-year, from $1.1M to $100K.

What is the long-term trend for Innovate's PP&E sale proceeds?

Over 4 years (2021 to 2025), Innovate's PP&E sale proceeds has grown at a -42.9% compound annual growth rate (CAGR), from $13.2M to $1.4M.

What does PP&E sale proceeds mean?

Cash received from selling property, plant, and equipment no longer needed for operations.

Innovate VATE PP&E Sale Proceeds

PP&E Sale Proceeds at other companies

MTZ

MasTecMTZ

$9.78M-29.4%

ESO

Energy Services of AmericaESOA

$190.99K+73.1%

Cardinal Infrastructure Group, Inc. CDNL

$56.21K-61.0%

Sterling Infrastructure, Inc.STRL

$1.95M+23.6%

MYR GroupMYRG

$954K-56.2%

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:ProceedsFromSaleOfPropertyPlantAndEquipment.

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 PP&E sale proceeds?: Innovate (VATE) reported PP&E sale proceeds of $100K in Q1 2026.
How has Innovate's PP&E sale proceeds changed year-over-year?: Innovate's PP&E sale proceeds decreased by 90.9% year-over-year, from $1.1M to $100K.
What is the long-term trend for Innovate's PP&E sale proceeds?: Over 4 years (2021 to 2025), Innovate's PP&E sale proceeds has grown at a -42.9% compound annual growth rate (CAGR), from $13.2M to $1.4M.
What does PP&E sale proceeds mean?: Cash received from selling property, plant, and equipment no longer needed for operations.