Financials in USD. Standardized financial statements.
A compact view of how INNOVATE Corp. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.25B | $1.11B | $1.42B | $1.64B | $1.21B | $716.90M | $1.08B | $1.98B | $1.63B | $1.56B |
| Revenue Growth? | +12.5% | -22.2% | -13.1% | +35.9% | +68.1% | -33.4% | -45.5% | +21.0% | +4.9% | 0.0% |
| Cost of Revenue? | $1.06B | $898.30M | $1.21B | $1.42B | $1.02B | $588.50M | $830.50M | $1.78B | $1.42B | $1.38B |
| Gross Profit? | $182.20M | $208.80M | $216.00M | $221.40M | $183.70M | $128.40M | $246.50M | $194.20M | $212.36M | $180.90M |
| Gross Margin? | +14.6% | +18.9% | +15.2% | +13.5% | +15.2% | +17.9% | +22.9% | +9.8% | +13.0% | +11.6% |
| Operating Expenses? | $148.00M | $168.80M | $189.50M | $208.00M | $194.30M | $156.70M | $221.20M | $250.00M | $213.49M | $177.38M |
| Operating Income? | $34.20M | $40.00M | $26.50M | $13.40M | -$10.60M | -$28.30M | $25.30M | -$55.80M | -$1.13M | -$1.42M |
| EBITDA? | $64.60M | $72.90M | $63.10M | $62.80M | $31.80M | $54.90M | $42.50M | $309.50M | $51.92M | $26.45M |
| Income Before Tax | -$61.50M | -$33.40M | -$34.40M | -$41.10M | -$80.70M | -$46.70M | -$41.80M | $182.30M | -$39.75M | -$45.79M |
| Income Tax Expense | $2.50M | $6.30M | $4.50M | $900,000 | $5.60M | $7.00M | -$19.60M | $2.40M | $10.74M | $51.64M |
| Net Income? | -$60.60M | -$34.60M | -$35.20M | -$35.90M | -$227.50M | -$92.00M | -$31.50M | $139.00M | -$49.70M | -$105.40M |
| EPS? | $-4.84 | $-2.73 | $-4.78 | $-5.26 | $-10.35 | $-9.22 | $-3.93 | $29.00 | $-7.50 | $-15.91 |
| Diluted EPS? | $-4.84 | $-2.73 | $-4.78 | $-5.26 | $-10.35 | $-9.22 | $-3.93 | $29.70 | $-11.61 | $-28.26 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality