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Innovate VATE Total Cost of Revenue

Total Cost of Revenue at other companies

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MasTecMTZ
$3.35B+32.1%
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NucorNUE
$8B+10.7%
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Energy Services of AmericaESOA
$82.94M+8.3%
Cardinal Infrastructure Group, Inc.
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Cardinal Infrastructure Group, Inc. CDNL
$133.32M+104%
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Sterling Infrastructure, Inc.STRL
$631.38M+87.8%
VMI
Valmont IndustriesVMI
$712.32M+5.0%

Segments

By segment

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Infrastructure$307M+37.4%
Spectrum$2.9M0.0%
Life Sciences$1.4M-39.1%

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:CostOfRevenue.

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 total cost of revenue?
Innovate (VATE) reported total cost of revenue of $311.3M in Q1 2026.
How has Innovate's total cost of revenue changed year-over-year?
Innovate's total cost of revenue increased by 36.1% year-over-year, from $228.7M to $311.3M.
What is the long-term trend for Innovate's total cost of revenue?
Over 4 years (2021 to 2025), Innovate's total cost of revenue has grown at a 0.6% compound annual growth rate (CAGR), from $1.02B to $1.05B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.