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Innovate VATE Broadcast station — Remaining performance obligation amount

Other product segments

Transportation
$510.8M+164%
Industrial
$503.2M+76.3%
Commercial
$264.6M-40.1%
Healthcare
$210.3M-14.9%
Government
$73.7M-55.9%
Energy
$22.7M+1,319%
Convention
$300K-88.5%

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:RevenueRemainingPerformanceObligation.

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 broadcast station — remaining performance obligation amount?
Innovate (VATE) reported broadcast station — remaining performance obligation amount of $9.6M in Q1 2026.
How has Innovate's broadcast station — remaining performance obligation amount changed year-over-year?
Innovate's broadcast station — remaining performance obligation amount decreased by 34.2% year-over-year, from $14.6M to $9.6M.
What is the long-term trend for Innovate's broadcast station — remaining performance obligation amount?
Over 2 years (2023 to 2025), Innovate's broadcast station — remaining performance obligation amount has grown at a 15.8% compound annual growth rate (CAGR), from $37.5M to $50.3M.
What does broadcast station — remaining performance obligation amount mean?
This metric quantifies the total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as of the reporting date. It represents the backlog of contracted revenue expected to be recognized in future periods from broadcast station operations. Tracking this figure provides visibility into future revenue stability and the strength of long-term advertising or service contracts.