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10-Q

Quarterly Report

INNOVATE CORP. VATE

0001006837-25-000104

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Filed
Aug 5, 2025 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding Q2 2025 · Aug 1, 2025 13.34M sh
Shares Diluted Q2 2025 · Jun 30, 2025 13.15M sh
Shares Diluted Q2 2025 · Jun 30, 2025 13.13M sh
Shares Diluted restated Q2 2025 · Jun 30, 2024 14.43M sh
Shares Diluted restated Q2 2025 · Jun 30, 2024 8.39M sh
Dividends Paid Q2 2025 · Jun 30, 2025 $1.1M
Dividends Paid Q2 2025 · Jun 30, 2024 $600K
Operating Cash Flow Q2 2025 · Jun 30, 2025 $26.3M
Operating Cash Flow Q2 2025 · Jun 30, 2024 −$3.9M
Short Term Debt Q2 2025 · Jun 30, 2025 $477.5M
Short Term Debt Q2 2025 · Dec 31, 2024 $162.2M
Cash And Equivalents Q2 2025 · Jun 30, 2025 $33.4M
Cash And Equivalents Q2 2025 · Dec 31, 2024 $48.8M
Cash And Equivalents Q2 2025 · Jun 30, 2024 $80.2M
Cash And Equivalents Q2 2025 · Dec 31, 2023 $80.8M
Stockholders Equity Q2 2025 · Jun 30, 2025 −$224.8M
Stockholders Equity Q2 2025 · Dec 31, 2024 −$180.4M
Current Liabilities Q2 2025 · Jun 30, 2025 $873.1M
Current Liabilities Q2 2025 · Dec 31, 2024 $483M
Total Liabilities Q2 2025 · Jun 30, 2025 $1.08B
Total Liabilities Q2 2025 · Dec 31, 2024 $1.03B
Current Assets Q2 2025 · Jun 30, 2025 $398.4M
Current Assets Q2 2025 · Dec 31, 2024 $390.9M
Total Assets Q2 2025 · Jun 30, 2025 $890.9M
Total Assets Q2 2025 · Dec 31, 2024 $891.1M
Eps Diluted Q2 2025 · Jun 30, 2025 −$1.67
Eps Diluted Q2 2025 · Jun 30, 2025 −$3.56
Eps Diluted restated Q2 2025 · Jun 30, 2024 $1.03
Eps Diluted restated Q2 2025 · Jun 30, 2024 −$0.35
Eps Basic Q2 2025 · Jun 30, 2025 −$1.67
Eps Basic Q2 2025 · Jun 30, 2025 −$3.56
Eps Basic restated Q2 2025 · Jun 30, 2024 $1.11
Eps Basic restated Q2 2025 · Jun 30, 2024 −$0.35
Sga Expense Q2 2025 · Jun 30, 2025 $35.1M
Sga Expense Q2 2025 · Jun 30, 2025 $72.9M
Sga Expense Q2 2025 · Jun 30, 2024 $42.9M
Sga Expense Q2 2025 · Jun 30, 2024 $82.4M
Net Income Q2 2025 · Jun 30, 2025 −$19.8M
Net Income Q2 2025 · Jun 30, 2025 −$44.3M
Net Income Q2 2025 · Jun 30, 2024 $14.4M
Net Income Q2 2025 · Jun 30, 2024 −$3M
Operating Income Q2 2025 · Jun 30, 2025 $4.9M
Operating Income Q2 2025 · Jun 30, 2025 $8.3M
Operating Income Q2 2025 · Jun 30, 2024 $28.8M
Operating Income Q2 2025 · Jun 30, 2024 $31.6M
Gross Profit Q2 2025 · Jun 30, 2025 $45.6M
Gross Profit Q2 2025 · Jun 30, 2025 $91.1M
Gross Profit Q2 2025 · Jun 30, 2024 $65.6M
Gross Profit Q2 2025 · Jun 30, 2024 $114.2M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $196.4M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $425.1M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $247.5M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $514.1M