Every 10-Q that INNOVATE Corp. (VATE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow VATE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VATE filings page.
INNOVATE Corp. reported much stronger operating results for the quarter ended June 30, 2026, led by its Infrastructure segment. Revenue was $421.6 million versus $242.0 million a year earlier, and net income attributable to INNOVATE was $10.7 million compared with a $19.8 million loss. Basic EPS turned to a profit of $0.74 from a loss of $1.67. For the first half of 2026 the company still posted a net loss of $4.7 million, but operating cash flow was positive at $20.9 million.
The balance sheet remains highly leveraged and in deficit. Total assets were $1,006.7 million against $626.4 million of debt, including $553.9 million classified as current, and stockholders’ deficit was $228.6 million. Management states there is “substantial doubt” about the company’s ability to continue as a going concern within one year due to upcoming maturities and covenant risks on the 10.50% 2027 Senior Secured Notes and other obligations. To address this, INNOVATE is pursuing asset sales, including a Spectrum broadcasting merger that reclassifies that segment as held for sale, and exploring refinancings and capital raises. Infrastructure backlog remained large, with $1,901.0 million in remaining performance obligations.
INNOVATE Corp. reported Q1 2026 results with revenue of $364.8 million, up from $274.2 million a year earlier, driven mainly by the Infrastructure segment. Despite this growth, the company posted a net loss attributable to common stockholders of $17.2 million, or $1.29 per share, improved from a $24.8 million loss.
Operations generated $45.5 million of cash versus a $14.1 million outflow in Q1 2025, helped by working-capital movements. However, total debt principal was $699.0 million, with $610.8 million classified as current and stockholders’ deficit at $243.0 million.
The notes disclose substantial doubt about the company’s ability to continue as a going concern within one year, citing large upcoming maturities, cross‑default risks on its 10.50% 2027 Senior Secured Notes, and required asset-sale milestones. Management is exploring asset sales, refinancings and capital raises, but there is no assurance these plans will succeed.
INNOVATE Corp. (VATE) filed its Q3 2025 10‑Q, reporting stronger topline but continued losses and a going concern warning. Revenue rose to $347.1 million from $242.2 million a year ago, led by Infrastructure ($338.4 million). Gross profit was $49.7 million.
Net loss attributable to common and participating preferred was $9.4 million (loss per share $0.71) versus $15.3 million (loss per share $1.18) last year. Year‑to‑date operating cash flow improved to $45.5 million from $(32.3) million.
The company disclosed substantial doubt about its ability to continue as a going concern, citing upcoming maturities of Corporate, Spectrum, and R2 Technologies debt and cross‑default provisions under its 10.50% 2027 Senior Secured Notes. Current portion of debt was $571.8 million at September 30, 2025. Remaining performance obligations at DBM Global totaled $1.54 billion ($1.13 billion within one year). As of November 7, 2025, shares outstanding were 13,655,062.