NYSE · VATEMaterialsMaterials Manufacturing

INNOVATE Corp. (VATE)

$5.43−3.21%
Close Nov 4, 2026 · split-adjusted
Nov 3, 2026$5.68▲ 8.19% in range
Nov 3, 2025Low $3.98 · High $20.06Nov 3, 2026
What changed · written from our data
As of Nov 4, 2026

INNOVATE closed at $5.43 on Nov 4, down 3.21%, 72.9% below its 52-week closing high. Volume of 35.8K shares was 0.54× its 20-day average (below normal).

Split-adjusted performance: -24.5% over one month, -56.2% over six months, +3.4% over one year.

In the quarter ended Jun 30, 2026, revenue was $421.60M, up 74.2% from a year earlier, with a net margin of 2.5%.

Short interest was 557.3K shares at the Oct 15 settlement (14.1% of float, 9.3 days to cover).

Market cap$74.1M13.6M shares
Revenue · quarter$421.6M+74.2% YoY
Diluted EPS$0.71—
P/E · TTM—P/S 0.0×
Net margin2.5%Gross 18.9%
Dividend yieldNone$8.5 last paid
52-week range3.98 – 20.06−72.9% from high
Volume35.8K0.54× 20-day avg
Volatility · 60d53.4%Annualised
Short % of float14.1%9.4 days to cover
Net cash-$528.2MCash $87.8M
Next earnings—Not scheduled
Split-adjusted performance
1W −9.7%1M −24.5%3M −26.7%6M −56.2%YTD +20.1%1Y +3.4%3Y −56.9%5Y −85.9%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Materials Manufacturing

Percentile among 116 companies (100 = best)

6-month momentum6
Revenue growth96
Net margin24
Value (low P/E)—
Size8

Industry medians: 6-month return −0.7%, revenue growth +10.1%, net margin 6.5%, P/E 21.5×.

Short interest

Details →
Shares short557.3K+0.4% vs prior
Days to cover9.4Settled Oct 15
% of float14.1%
Short vol. 10d60.9%of daily volume

Closest peers by size in Materials Manufacturing

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
VATEINNOVATE$5.43−3.21%−56.2%+74.2%2.5%—$74.1M
CPSHCPS Technologies$3.85+10.47%+6.4%+2.9%0.5%—$74.6MCompare
NTICNorthern Technologies International$7.72+3.07%−3.5%+12.6%−1.1%—$73.3MCompare
WRAPWrap Technologies$1.16−0.85%−22.1%+102.8%−117.9%—$71.7MCompare
BWENBroadwind$2.99−5.68%+51.0%+67.4%−2.6%12.9$70.7MCompare
OCCOptical Cable$11.21−6.39%+9.6%+22.0%7.6%38.6$99.1MCompare
TPCSTechprecision$5.31−0.56%+30.5%+23.3%−1.7%—$53.8MCompare
FBDTFirst Breach$0.8780−8.56%————$49.0MCompare
SMIDSmith-Midland$24.68+3.72%−28.7%−10.8%5.9%16.9$130.9MCompare

Quick answers

What does INNOVATE do?
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure, Life Sciences and Spectrum, and Other segment.
What is VATE's market cap?
$74.08M, based on the Nov 4 close of $5.43.
Does INNOVATE pay a dividend?
No regular cash dividend has been paid in the last year.
How much of VATE is sold short?
557.3K shares, 14.1% of float, as of Oct 15, 2026.
What sector is VATE in?
Materials, in the Materials Manufacturing industry.

About INNOVATE

Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure, Life Sciences and Spectrum, and Other segment. Through its subsidiaries it provides fully integrated structural and steel construction services; supports healthcare and biotechnology product development; and operates Over-The-Air (OTA) broadcasting stations across the United States (U.S.) including Puerto Rico.

HQ: New York, NY3,738 employeesListed Jul 13, 2009innovatecorp.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology