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Innovate VATE Energy — Remaining performance obligation period

Other product segments

Commercial
$0
Convention
$0
Government
$0
Healthcare
$0
Industrial
$0
Transportation
$0

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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%
Enterprise value$1.52B+25.8%
P/S0.2×+0.1×

Profitability

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Gross margin15.5%-3.8pp
Operating margin2.6%-1.2pp
Net margin-4%0.0pp
FCF margin15.7%

Returns & leverage

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Return on equity-8.1%
Debt / equity1.7×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Innovate in its filing.

Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1.

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 energy — remaining performance obligation period?
Innovate (VATE) reported energy — remaining performance obligation period of $0 in Q1 2026.
What does energy — remaining performance obligation period mean?
This metric represents the weighted average time remaining until the company satisfies its contractual performance obligations for the energy segment. It provides insight into the duration of the current revenue backlog and the visibility of future cash flows from existing energy contracts. A longer period indicates a more stable, long-term commitment from customers.