INNOVATE Corp. Financial Summary

Quick Answer

INNOVATE Corp. reported Total Revenue of $1.25 billion for fiscal year 2025.

INNOVATE Corp. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $1.25B
+12.5%
$1.11B
-22.2%
$1.42B
-13.1%
$1.64B
+35.9%
$1.21B
+19.8%
$1.01B
-6.6%
Revenue (ASC 606) $1.42B
-13.1%
$1.64B
+35.9%
$1.21B
+68.1%
$716.90M
-5.1%
Net Income -$60.60M
-75.1%
-$34.60M
+1.7%
-$35.20M
+1.9%
-$35.90M
+84.2%
-$227.50M
-147.3%
-$92.00M
-192.1%
Diluted EPS -$4.84
-57.1%
-$3.08
+36.0%
-$4.81
-807.5%
-$0.53
+82.2%
-$2.98
-58.5%
-$1.88
-168.6%
Total Assets $950.10M
+6.6%
$891.10M
-14.6%
$1.04B
-9.4%
$1.15B
+6.6%
$1.08B
-83.9%
$6.72B
-3.4%
Cash and Equivalents $112.10M
+129.7%
$48.80M
-39.6%
$80.80M
+0.5%
$80.40M
+76.7%
$45.50M
+3.9%
$43.80M
+88.0%
Long-Term Debt
Stockholders Equity -$240.10M
-33.1%
-$180.40M
-9.0%
-$165.50M
-36.4%
-$121.30M
-43.9%
-$84.30M
-115.1%
$559.80M
+60.0%
Operating Income $28.70M
-28.2%
$40.00M
+50.9%
$26.50M
+97.8%
$13.40M
+226.4%
-$10.60M
+62.5%
-$28.30M
-211.9%
Gross Profit $199.70M
-4.4%
$208.80M
-3.3%
$216.00M
-2.4%
$221.40M
+20.5%
$183.70M
+43.1%
$128.40M
Shares Outstanding 13.66M
-89.5%
130.53M
+1547.4%
7.92M
-89.9%
78.79M
+1.2%
77.84M
+1.4%
76.73M
+66.6%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $347.10M +43.3% +43.4%
Revenue (ASC 606) June 30, 2024 $313.10M -15.1% -0.7%
Net Income September 30, 2025 -$8.90M +40.7% +55.1%
Diluted EPS September 30, 2025 -$0.71 +39.8% +57.5%
Total Assets September 30, 2025 $913.20M +1.8% +2.5%
Cash and Equivalents September 30, 2025 $35.50M -30.4% +6.3%
Long-Term Debt September 30, 2015 $374.40M +28.9% +0.0%
Stockholders Equity September 30, 2025 -$233.30M -43.0% -3.8%
Operating Income September 30, 2025 $6.10M +3.4% +24.5%
Gross Profit September 30, 2025 $49.70M +3.1% +9.0%
Shares Outstanding September 30, 2025 13.66M +3.7% +2.4%
  • INNOVATE Corp. reported Total Revenue of $1.25 billion for fiscal year 2025.
  • INNOVATE Corp. showed an increase of +12.5% in Total Revenue compared to the prior fiscal year.
  • INNOVATE Corp. reported Revenue (ASC 606) of $1.42 billion for fiscal year 2023.
  • INNOVATE Corp. showed a decrease of -13.1% in Revenue (ASC 606) compared to the prior fiscal year.
  • INNOVATE Corp. reported Net Income of -$60.60 million for fiscal year 2025.
  • INNOVATE Corp. showed a decrease of -75.1% in Net Income compared to the prior fiscal year.
  • INNOVATE Corp. reported Diluted EPS of $4.84 per share (loss) for fiscal year 2025.
  • INNOVATE Corp. showed a decrease of -57.1% in Diluted EPS compared to the prior fiscal year.
  • INNOVATE Corp. reported Total Assets of $950.10 million for fiscal year 2025.
  • INNOVATE Corp. showed an increase of +6.6% in Total Assets compared to the prior fiscal year.
  • INNOVATE Corp. reported Cash and Equivalents of $112.10 million for fiscal year 2025.
  • INNOVATE Corp. showed an increase of +129.7% in Cash and Equivalents compared to the prior fiscal year.
  • INNOVATE Corp. reported Long-Term Debt of $332.93 million for fiscal year 2014.
  • INNOVATE Corp. reported Stockholders Equity of -$240.10 million for fiscal year 2025.
  • INNOVATE Corp. showed a decrease of -33.1% in Stockholders Equity compared to the prior fiscal year.
  • INNOVATE Corp. reported Operating Income of $28.70 million for fiscal year 2025.
  • INNOVATE Corp. showed a decrease of -28.2% in Operating Income compared to the prior fiscal year.
  • INNOVATE Corp. reported Gross Profit of $199.70 million for fiscal year 2025.
  • INNOVATE Corp. showed a decrease of -4.4% in Gross Profit compared to the prior fiscal year.
  • INNOVATE Corp. reported Shares Outstanding of 13.66 million shares for fiscal year 2025.
  • INNOVATE Corp. showed an increase of +3.0% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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