Innovate VATE Convention — Remaining performance obligation amount
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Other financials
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 convention — remaining performance obligation amount?
- Innovate (VATE) reported convention — remaining performance obligation amount of $300K in Q1 2026.
- How has Innovate's convention — remaining performance obligation amount changed year-over-year?
- Innovate's convention — remaining performance obligation amount decreased by 88.5% year-over-year, from $2.6M to $300K.
- What is the long-term trend for Innovate's convention — remaining performance obligation amount?
- Over 2 years (2023 to 2025), Innovate's convention — remaining performance obligation amount has grown at a -85.4% compound annual growth rate (CAGR), from $183.8M to $3.9M.
- What does convention — 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 for the Convention segment. It serves as a key indicator of future revenue potential and the strength of the existing contract backlog. A higher amount typically suggests robust demand and greater revenue certainty for upcoming periods.