INNOVATE Corp.(VATE)Stock Analysis
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Rank #1,295 of 2,962 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
Unusual Activity in VATE
Events flagged as statistical outliers against VATE's own multi-year baseline — not fixed dollar thresholds.
- Score shock2026-08-07
VATE quality score jumped 16 points (31→47) on a new filing
View source filing →
VATE Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for INNOVATE Corp. (VATE), a Industrials sector company. 13F Pro's AI-powered ranking engine scores VATE at 54.9/100 on a 32-signal composite quality model, placing it at rank #1,295 of 2,962 stocks — the top half of the AI-ranked universe. VATE scores in the top quartile across earnings quality (95.5), institutional flow (76.8). Areas of concern include balance sheet strength (27.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), INNOVATE Corp. reports quarterly revenue of $421.6M, net income of $10.7M, free cash flow of $-24.7M. Top institutional holders of VATE by reported 13-F value include Whitefort Capital Management, LEUCADIA NATIONAL, BlackRock, based on the most recent SEC filings. VATE trades on the NYSE exchange and files with the SEC under CIK 1006837. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate VATE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for INNOVATE Corp. directly from SEC EDGAR. INNOVATE Corp.'s 13F Pro composite quality score has ranged between 20 and 62 since 2021, currently 54.9 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.
Revenue
Q2 2026
$421.6M
Net Income
Q2 2026
$10.7M
Free Cash Flow
Q2 2026
$-24.7M
ROIC
Q2 2026
36.0%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+12.5% YoYNet Income
-75.1% YoYOperating Income
-28.2% YoYEPS (Diluted)
-57.1% YoYTotal Assets
+6.6% YoYTotal Debt
+2.9% YoYOp. Cash Flow
+1511.0% YoYFree Cash Flow
+1749.4% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.25B +12.5% | $1.11B -22.2% | $1.42B -13.1% | $1.64B +35.9% | $1.21B +68.1% | $716.9M |
| Net Income | $-60.6M -75.1% | $-34.6M +1.7% | $-35.2M +1.9% | $-35.9M +84.2% | $-227.5M -147.3% | $-92.0M |
| Operating Income | $28.7M -28.2% | $40.0M +50.9% | $26.5M +97.8% | $13.4M +226.4% | $-10.6M +62.5% | $-28.3M |
| EPS (Diluted) | $-4.84 -57.1% | $-3.08 +36.0% | $-4.81 -807.5% | $-0.53 +82.2% | $-2.98 -58.5% | $-1.88 |
| Total Assets | $950.1M +6.6% | $891.1M -14.6% | $1.04B -9.4% | $1.15B +6.6% | $1.08B -84.0% | $6.74B |
| Total Debt | $687.1M +2.9% | $667.7M -7.3% | $720.4M -0.4% | $723.2M +14.7% | $630.7M +9.5% | $575.8M |
| Operating Cash Flow | $146.6M +1511.0% | $9.1M -65.7% | $26.5M +378.9% | $-9.5M -135.2% | $27.0M -34.3% | $41.1M |
| Free Cash Flow | $146.1M +1749.4% | $7.9M -2.5% | $8.1M +126.8% | $-30.2M -1141.4% | $2.9M -87.6% | $23.3M |
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Available Research
13F Pro tracks comprehensive data for INNOVATE Corp. including:
Top Institutional Holders of VATE
Whitefort Capital Management, LP
$13.9M743,000 shLEUCADIA NATIONAL CORP
$13.1M700,802 shBlackRock, Inc.
$6.6M354,408 shVANGUARD CAPITAL MANAGEMENT LLC
$4.3M228,667 shGEODE CAPITAL MANAGEMENT, LLC
$2.4M128,530 shArena Capital Advisors, LLC- CA
$2.4M127,934 shPRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.
$2.0M109,448 shMARSHALL WACE, LLP
$2.0M108,147 shBANK OF AMERICA CORP /DE/
$1.6M83,239 shSTATE STREET CORP
$1.5M82,764 sh
| Fund | Value | Shares |
|---|---|---|
| Whitefort Capital Management, LP | $13.9M | 743,000 |
| LEUCADIA NATIONAL CORP | $13.1M | 700,802 |
| BlackRock, Inc. | $6.6M | 354,408 |
| VANGUARD CAPITAL MANAGEMENT LLC | $4.3M | 228,667 |
| GEODE CAPITAL MANAGEMENT, LLC | $2.4M | 128,530 |
| Arena Capital Advisors, LLC- CA | $2.4M | 127,934 |
| PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | $2.0M | 109,448 |
| MARSHALL WACE, LLP | $2.0M | 108,147 |
| BANK OF AMERICA CORP /DE/ | $1.6M | 83,239 |
| STATE STREET CORP | $1.5M | 82,764 |
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Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.
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Popular Research
Is VATE a good stock to buy?
13F Pro's AI-powered analysis of INNOVATE Corp. (VATE) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for VATE are available on the VATE stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. VATE is classified as a small company.
Which hedge funds own VATE?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling VATE. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of INNOVATE Corp.'s investment landscape.