Skip to content
OpenCapital
Get started

Innovate VATE Infrastructure — Revenue Not from Contract with Customer

Similar metrics at other companies

Lindsay Corporation logo
LNNInfrastructure — Revenue
$27.73M+7.8%
Myers Industries logo
MYEInfrastructure — Revenue
$37.6M+26.3%
VMI
VMIInfrastructure — Revenue
$805.92M+14.1%
Brookfield Asset Management logo
BAMInfrastructure — Segment Revenues
$270M+18.9%
SHA
SHAZProvision Of Infrastructure Services — Revenue
$294.01K+20.5%
WEC Energy Group logo
WECNon-Utility Energy Infrastructure — Revenues from contracts with customers
$210.7M+8.4%

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+196%
Enterprise value$1.52B+21.4%
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:RevenueNotFromContractWithCustomer.

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

Ask your AI about Innovate's infrastructure — revenue not from contract with customer.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Innovate's infrastructure — revenue not from contract with customer?
Innovate (VATE) reported infrastructure — revenue not from contract with customer of $300K in Q1 2026.
How has Innovate's infrastructure — revenue not from contract with customer changed year-over-year?
Innovate's infrastructure — revenue not from contract with customer decreased by 50.0% year-over-year, from $600K to $300K.
What is the long-term trend for Innovate's infrastructure — revenue not from contract with customer?
Over 4 years (2021 to 2025), Innovate's infrastructure — revenue not from contract with customer has grown at a 70.7% compound annual growth rate (CAGR), from $200K to $1.7M.
What does infrastructure — revenue not from contract with customer mean?
Revenue recognized by the infrastructure segment that is derived from sources outside of standard customer contracts, such as incidental sales or non-core activities. Tracking this helps distinguish between core operational performance and peripheral income streams.