VATENYSEFabricated Structural Metal ProductsFiscal year ends December 31
INNOVATE Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$5.95−0.05 (-0.83%)
Close on Oct 19, 2026
- Market cap
- $83.11M
- P/E (TTM)
- –
- Dividend yield
- –
INNOVATE Corp. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Infrastructure | $1.21B | $1.07B | $1.40B | $1.59B | $1.16B | $676.60M | $713.30M | – | – | – | 97.1% | +12.9% |
| Spectrum Segment | $23.20M | $25.70M | $22.50M | $38.70M | $42.00M | $40.30M | $41.80M | – | – | – | 1.9% | -9.7% |
| Life Sciences | $12.50M | $9.80M | $3.30M | – | – | – | – | – | – | – | 1.0% | +27.6% |
| Other | – | – | – | – | – | $0 | $500.00K | $3.70M | $10.90M | $9.70M | – | – |
| Telecommunications | – | – | – | – | – | – | $696.10M | $793.60M | $701.90M | $735.00M | – | – |
| Marine Services | – | – | – | – | – | – | $172.50M | $194.30M | $169.50M | $161.90M | – | – |
| Insurance Services | – | – | – | – | – | $300.20M | $331.60M | $217.10M | $151.60M | $142.50M | – | – |
| Energy Segment | – | – | – | – | – | – | $39.00M | $20.70M | $16.40M | $6.40M | – | – |
| Infrastructure | – | – | – | – | – | – | $713.30M | $716.40M | $579.00M | $502.60M | – | – |
| Spectrum | – | – | – | – | – | – | $41.80M | $45.40M | $4.80M | $0 | – | – |
| Life Sciences | – | – | – | – | $3.50M | $0 | – | – | – | – | – | – |
| Life Sciences | – | – | $3.30M | $4.30M | $3.50M | – | – | – | – | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Infrastructure | $55.40M | $65.70M | $64.40M | $57.50M | $35.20M | $20.50M | $45.10M | – | – | – | -15.7% |
| Spectrum Segment | -$100.00K | $1.40M | -$3.40M | -$3.80M | -$800.00K | -$2.20M | -$11.40M | – | – | – | -107.1% |
| Life Sciences | -$10.90M | -$14.10M | -$15.00M | – | – | – | – | – | – | – | -22.7% |
| Eliminated Segment | – | – | – | – | – | – | – | – | -$39.87M | -$37.60M | – |
| Other | – | – | -$3.10M | -$600.00K | -$2.00M | -$2.70M | -$1.60M | -$2.50M | -$5.30M | -$5.90M | – |
| Telecommunications | – | – | – | – | – | – | -$1.80M | $4.80M | $6.40M | $4.20M | – |
| Life Sciences | – | – | – | – | – | -$16.90M | -$8.90M | -$13.80M | -$17.20M | -$10.40M | – |
| Marine Services | – | – | – | – | – | – | -$6.10M | -$15.40M | -$900.00K | -$300.00K | – |
| Insurance Services | – | – | – | – | – | $35.60M | $37.30M | $1.80M | $25.40M | -$800.00K | – |
| Energy Segment | – | – | – | – | – | – | $10.10M | -$500.00K | -$2.80M | -$300.00K | – |
| Infrastructure | – | – | – | – | – | – | $45.10M | $41.90M | $37.20M | $49.60M | – |
| Spectrum | – | – | – | – | – | – | -$11.40M | -$24.00M | -$4.00M | $0 | – |
| Life Sciences | – | – | – | – | -$19.90M | -$16.90M | – | – | – | – | – |
| Life Sciences | – | – | -$15.00M | -$20.10M | -$19.90M | – | – | – | – | – | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | – | – | – | – | – | – | $1.78B | $1.76B | $1.45B | $1.12B | – | – |
| United Kingdom | – | – | – | – | – | – | $169.20M | $192.20M | $158.30M | $418.00M | – | – |
| Other | – | – | – | – | – | – | $37.20M | $26.80M | $28.70M | $24.80M | – | – |
From the segment and revenue-disaggregation notes of Innovate's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.