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Innovate Corp. (VATE) is a manufacturing and production company in the focused building specialists industry, based in New York, United States, with about 3,587 full-time employees.
It reported revenue of $1.11 billion for fiscal year 2024, down 22.2% from fiscal year 2023, and net income of -$35.80 million. In Q3 2025 (the quarter ended September 30, 2025) revenue was $347.10 million, up 43.3% from a year before. Its largest business segment, Infrastructure Segment, brought in 98% of segment revenue in fiscal year 2025. Its market capitalization was $98.49 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2024; market data as of October 9, 2026.
, through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The company operates through the Infrastructure, Life Sciences, and Spectrum segments.
Innovate reported $1.11 billion in revenue for fiscal year 2024, down 22.2% from $1.42 billion in fiscal year 2023. In Q3 2025 revenue was $347.10 million.
Infrastructure Segment, with $1.71 billion or 98% of segment revenue in fiscal year 2025. Next: Spectrum Segment (1%) and Life Sciences Segment (Pansend) (1%).
$98.49 million as of October 9, 2026.
Listed companies of a similar size in the same industry (focused building specialists) include Concrete Pumping Holdings, Inc. (BBCP), Bauer Aktiengesellschaft (BRAGF), Magnitude International Ltd (MAGH), ConnectM Technology Solutions, Inc. (CNTM).