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INNOVATE Corp. Stock Price

NYSE:VATE Community·US$63.9m Market Cap
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VATE Share Price Performance

US$4.68
-0.26 (-5.26%)
US$4.68
-0.26 (-5.26%)
Price US$4.68

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Snowflake Analysis

Good value with imperfect balance sheet.

2 Risks
1 Reward

INNOVATE Corp. Key Details

US$1.1b

Revenue

US$912.7m

Cost of Revenue

US$187.2m

Gross Profit

US$262.4m

Other Expenses

-US$75.2m

Earnings

Last Reported Earnings
Sep 30, 2025
Next Reporting Earnings
n/a
-5.51
17.02%
-6.84%
-322.1%
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About VATE

Founded
1994
Employees
3148
CEO
Paul Voigt
WebsiteView website
www.innovatecorp.com

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

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