Innovate VATE Industrial — 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 industrial — remaining performance obligation amount?
- Innovate (VATE) reported industrial — remaining performance obligation amount of $503.2M in Q1 2026.
- How has Innovate's industrial — remaining performance obligation amount changed year-over-year?
- Innovate's industrial — remaining performance obligation amount increased by 76.3% year-over-year, from $285.5M to $503.2M.
- What is the long-term trend for Innovate's industrial — remaining performance obligation amount?
- Over 2 years (2023 to 2025), Innovate's industrial — remaining performance obligation amount has grown at a 1.1% compound annual growth rate (CAGR), from $1.26B to $1.29B.
- What does industrial — 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 Industrial segment. It represents the value of contracted work that has not yet been recognized as revenue. A higher balance typically indicates a stronger sales pipeline and greater revenue certainty for future periods.