NYSE · VATE

Innovate Corp.

Closing price · Nov 13, 2026 $4.57

Latest quarter · ended Sep 30, 2026

Sales grew and cash improved

descriptionFiled Nov 12, 2026
Revenue growthSlower
+42.8%
Quarter ended Dec 31, 2024: −34.5% sales vs. a year beforeQuarter ended Mar 31, 2025: −13.0% sales vs. a year beforeQuarter ended Jun 30, 2025: −22.7% sales vs. a year beforeQuarter ended Sep 30, 2025: +43.3% sales vs. a year beforeQuarter ended Dec 31, 2025: +61.7% sales vs. a year beforeQuarter ended Mar 31, 2026: +33.0% sales vs. a year beforeQuarter ended Jun 30, 2026: +74.2% sales vs. a year beforeQuarter ended Sep 30, 2026: +42.8% sales vs. a year before
Dec '24Sep '26
$496M vs. $347M a year ago
Gross marginBetter
15.5%
Quarter ended Dec 31, 2024: 19.6% gross marginQuarter ended Mar 31, 2025: 16.6% gross marginQuarter ended Jun 30, 2025: 18.8% gross marginQuarter ended Sep 30, 2025: 14.3% gross marginQuarter ended Dec 31, 2025: 15.4% gross marginQuarter ended Mar 31, 2026: 14.7% gross marginQuarter ended Jun 30, 2026: 18.9% gross marginQuarter ended Sep 30, 2026: 15.5% gross margin
Dec '24Sep '26
vs. 14.3% a year ago
Cash from operationsBetter
$35M
Quarter ended Dec 31, 2024: $41.4M cash from operationsQuarter ended Mar 31, 2025: −$14.1M cash from operationsQuarter ended Jun 30, 2025: $40.4M cash from operationsQuarter ended Sep 30, 2025: $19.2M cash from operationsQuarter ended Dec 31, 2025: $101M cash from operationsQuarter ended Mar 31, 2026: $45.5M cash from operationsQuarter ended Jun 30, 2026: −$24.6M cash from operationsQuarter ended Sep 30, 2026: $35M cash from operations
Dec '24Sep '26
+82% from $19.2M a year ago
Share countSteady
+1.5%
Quarter ended Dec 31, 2024: 13.28M sharesQuarter ended Mar 31, 2025: 13.28M sharesQuarter ended Jun 30, 2025: 13.34M sharesQuarter ended Sep 30, 2025: 13.66M sharesQuarter ended Dec 31, 2025: 13.65M sharesQuarter ended Mar 31, 2026: 13.64M sharesQuarter ended Jun 30, 2026: 13.64M sharesQuarter ended Sep 30, 2026: 13.85M shares
Dec '24Sep '26
13.85M shares vs. 13.66M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 0
  • info
    No real insider sales in 12 months. Planned 10b5-1 sales and tax withholding are left out.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

50 funds report owning VATE, up from 30

Holdings as of Jun 30, 2026
New25
Added11
Held9
Trimmed5
Sold out5

Insider trades · last 12 months

Real buys and sales

No open-market buys or sales by officers or directors in the last 12 months. Hidden: 6 stock grants, 4 tax withholdings. Press All filings to see them.

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovShares withheld for tax · Mar 13 · $7.76KShares withheld for tax · Mar 14 · $20.8KShares withheld for tax · Mar 15 · $5.09KStock grant · Aug 11 · 48,064 sh · 4 peopleStock grant · Aug 11 · 15,576 shStock grant · Aug 11 · 133,511 shShares withheld for tax · Aug 12 · $462K
CEOCFOOther officersDirectorsJunJulAugSepOctNovStock grant · Aug 11 · 48,064 sh · 4 peopleStock grant · Aug 11 · 15,576 shStock grant · Aug 11 · 133,511 shShares withheld for tax · Aug 12 · $462K

Last 6 months. A wider screen shows 12.

Showing 0 real trades. Hidden: 6 stock grants, 4 tax withholdings. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Big bets

Funds with a big share of their money in VATE

As of Jun 30, 2026
FundOf fundOwnsValueChange
Whitefort Capital Management, LP3%5.4%$13.9MSame

Funds that hold 150 stocks or fewer, where this stock is 3% or more of what they reported. "Of fund" is its share of the fund's 13F value.

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast