What is Innovate's spectrum — translation adjustments?

Innovate (VATE) reported spectrum — translation adjustments of $0 in Q1 2026.

What does spectrum — translation adjustments mean?

Captures the impact of foreign currency exchange rate fluctuations on the financial statements of the Spectrum segment's international operations. This metric helps investors understand the volatility introduced by global currency markets on reported segment performance.

Innovate VATE Spectrum — Translation adjustments

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$100K+125%

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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

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Market cap$254.69M+274%

Enterprise value$1.52B+25.8%

P/S0.2×+0.1×

Profitability

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Gross margin15.5%-3.8pp

Operating margin2.6%-1.2pp

Net margin-4%0.0pp

FCF margin15.7%—

Returns & leverage

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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:GoodwillForeignCurrencyTranslationGainLoss.

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

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What is Innovate's spectrum — translation adjustments?: Innovate (VATE) reported spectrum — translation adjustments of $0 in Q1 2026.
What does spectrum — translation adjustments mean?: Captures the impact of foreign currency exchange rate fluctuations on the financial statements of the Spectrum segment's international operations. This metric helps investors understand the volatility introduced by global currency markets on reported segment performance.