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Innovate VATE Industrial — Remaining performance obligation period

Other product segments

Commercial
$0
Convention
$0
Energy
$0
Government
$0
Healthcare
$0
Transportation
$0

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VREXIndustrial — Cost of revenues
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GGGIndustrial — Operating Income (Loss)
$75.81M-4.8%

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

See full
Market cap$254.69M+274%
Enterprise value$1.52B+25.8%
P/S0.2×+0.1×

Profitability

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

Returns & leverage

See full
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 industrial — remaining performance obligation period?
Innovate (VATE) reported industrial — remaining performance obligation period of $0 in Q1 2026.
What does industrial — remaining performance obligation period mean?
This metric represents the weighted average time remaining until the company satisfies its contractual performance obligations for the Industrial segment. It provides insight into the duration of the current backlog and the visibility of future revenue streams. Investors use this to assess the long-term stability and predictability of the industrial business model.