Innovate VATE Infrastructure — Cost in excess of billings and estimated earnings
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Where this comes from
Reported directly by Innovate in its filing.
Tagged under the XBRL concept vate:ContractWithCustomerAssetCostInExcessOfBillingsAndEstimatedEarnings.
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 infrastructure — cost in excess of billings and estimated earnings?
- Innovate (VATE) reported infrastructure — cost in excess of billings and estimated earnings of $26.5M in Q1 2026.
- How has Innovate's infrastructure — cost in excess of billings and estimated earnings changed year-over-year?
- Innovate's infrastructure — cost in excess of billings and estimated earnings decreased by 62.8% year-over-year, from $71.2M to $26.5M.
- What does infrastructure — cost in excess of billings and estimated earnings mean?
- An asset representing costs incurred on long-term infrastructure projects that have not yet been billed to the customer. This metric highlights the timing difference between project execution and revenue recognition, indicating potential future cash inflows.