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INNOVATE Corp. (VATE) stock

VATENYSEFabricated Structural Metal ProductsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 8/3092% below fair value
$4.57−0.29 (-5.97%)

Close on Nov 13, 2026Market cap $62.34MP/E –Yield –

Innovate gross margin

Gross margin is gross profit as a percentage of revenue.

Innovate's gross margin for the twelve months ending Sep 30, 2026 was 16.1%. For fiscal 2025 it was 16.0%, against 18.9% the year before. The highest annual figure on record is 100.0% in fiscal 2012.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202516.0%−2.8
FY2024Dec 31, 202418.9%+3.7
FY2023Dec 31, 202315.2%+1.7
FY2022Dec 31, 202213.5%−1.7
FY2021Dec 31, 202115.2%−2.7
FY2020Dec 31, 202017.9%−26.8
FY2019Dec 31, 201944.7%+24.9
FY2018Dec 31, 201819.8%+0.2
FY2017Dec 31, 201719.6%+0.1
FY2016Dec 31, 201619.5%+7.2
FY2015Dec 31, 201512.3%−33.5
FY2014Dec 31, 201445.8%−54.2
FY2013Dec 31, 2013100.0%+0.0
FY2012Dec 31, 2012100.0%+94.5
FY2011Dec 31, 20115.5%−46.7
FY2010Dec 31, 201052.2%–

Quarterly gross margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 202615.5%+1.2
Q2 FY2026Jun 30, 202618.9%+0.0
Q1 FY2026Mar 31, 202614.7%−1.9
Q4 FY2025Dec 31, 202515.4%−4.2
Q3 FY2025Sep 30, 202514.3%−5.6
Q2 FY2025Jun 30, 202518.8%−2.1
Q1 FY2025Mar 31, 202516.6%+1.2
Q4 FY2024Dec 31, 202419.6%+2.7
Q3 FY2024Sep 30, 202419.9%+4.3
Q2 FY2024Jun 30, 202421.0%+6.7
Q1 FY2024Mar 31, 202415.4%+1.7
Q4 FY2023Dec 31, 202316.9%+1.6
Q3 FY2023Sep 30, 202315.6%+1.8
Q2 FY2023Jun 30, 202314.3%+1.4
Q1 FY2023Mar 31, 202313.7%+1.7
Q4 FY2022Dec 31, 202215.4%−0.3
Q3 FY2022Sep 30, 202213.8%−0.2
Q2 FY2022Jun 30, 202212.8%−2.1
Q1 FY2022Mar 31, 202212.1%−5.7
Q4 FY2021Dec 31, 202115.6%−5.3
Q3 FY2021Sep 30, 202114.0%−4.6
Q2 FY2021Jun 30, 202114.9%−1.4
Q1 FY2021Mar 31, 202117.8%+1.8
Q4 FY2020Dec 31, 202020.9%−7.7
Q3 FY2020Sep 30, 202018.6%−10.9
Q2 FY2020Jun 30, 202016.3%−10.5
Q1 FY2020Mar 31, 202016.0%−11.8
Q4 FY2019Dec 31, 201928.6%+6.0
Q3 FY2019Sep 30, 201929.5%+9.9
Q2 FY2019Jun 30, 201926.8%+7.5
Q1 FY2019Mar 31, 201927.7%+10.5
Q4 FY2018Dec 31, 201822.7%+2.3
Q3 FY2018Sep 30, 201819.6%−0.5
Q2 FY2018Jun 30, 201819.4%+0.9
Q1 FY2018Mar 31, 201817.2%−2.3
Q4 FY2017Dec 31, 201720.3%−0.1
Q3 FY2017Sep 30, 201720.1%–
Q2 FY2017Jun 30, 201718.5%–
Q1 FY2017Mar 31, 201719.5%–
Q4 FY2016Dec 31, 201620.5%–

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