Skip to content
OpenCapital
Get started

Innovate VATE Infrastructure — Contract with Customer, Liability

Other financials

Income statement

See full
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

See full
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

See full
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%

Where this comes from

Reported directly by Innovate in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Innovate’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

Questions, answered.

What is Innovate's infrastructure — contract with customer, liability?
Innovate (VATE) reported infrastructure — contract with customer, liability of $157.3M in Q1 2026.
How has Innovate's infrastructure — contract with customer, liability changed year-over-year?
Innovate's infrastructure — contract with customer, liability increased by 65.1% year-over-year, from $95.3M to $157.3M.
What is the long-term trend for Innovate's infrastructure — contract with customer, liability?
Over 4 years (2021 to 2025), Innovate's infrastructure — contract with customer, liability has grown at a 17.0% compound annual growth rate (CAGR), from $328.8M to $615.5M.
What does infrastructure — contract with customer, liability mean?
The total obligation to transfer goods or services to a customer for which the infrastructure segment has already received consideration or has an unconditional right to consideration. It represents deferred revenue that will be recognized as performance obligations are satisfied.