VATE (Innovate) Pre-Tax Income: $-15 Mil (TTM As of Jun. 2026)

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VATE Innovate Corp VATE
59 GF Score
Price $7.37
GF Value $6.68
Valuation Fairly Valued
! 5 Warning Signs
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What is Innovate Pre-Tax Income?

Innovate VATE -1.27% 59 Pre-Tax Income is $-15 Mil as of Jun. 2026. GuruFocus rates VATE with a GF Score™ of 59/100 and a GF Value™ of $6.68 (Fairly Valued). The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Innovate's pretax income for the three months ended in Jun. 2026 was $26 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $-15 Mil. Innovate's pretax margin was 6.05%.

During the past 13 years, Innovate's highest Pretax Margin was 9.22%. The lowest was -6.70%. And the median was -2.98%.


Innovate  (NYSE:VATE) Pre-Tax Income Explanation

Innovate's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=25.5/421.6
=6.05%

During the past 13 years, Innovate's highest Pretax Margin was 9.22%. The lowest was -6.70%. And the median was -2.98%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innovate Pre-Tax Income Related Terms


Innovate Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Innovate's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Innovate Pre-Tax Income Chart

Innovate Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -80.70 -41.10 -34.40 -33.40 -61.50

Innovate Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.80 -16.70 -9.30 -14.20 25.50

VATE vs MCDIF, BLNK, SHIM: Pre-Tax Income Comparison

For the Engineering & Construction subindustry, Innovate's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innovate Pre-Tax Income vs Construction Industry

For the Construction industry and Industrials sector, Innovate's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Innovate's Pre-Tax Income falls into.


VATE
59GF Score
Innovate Corp VATE
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovate Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Innovate's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=28.7+-1.9+-89+0.7+-7.105427357601E-15
=-62

Innovate's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=34.5+18.1+-27.6+0.5+0
=26

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-15 Mil mean?
Innovate (VATE) has a Pre-Tax Income of $-15 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Innovate and its competitors.
Is Innovate's Pre-Tax Income too high?
Innovate's current Pre-Tax Income is $-15 Mil. Overall, Innovate has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovate's Pre-Tax Income compare to MCDIF and BLNK?
Innovate's Pre-Tax Income of $-15 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Construction company?
A good Pre-Tax Income depends on the Construction industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Innovate and its competitors. Innovate's current Pre-Tax Income is $-15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovate stock overvalued right now?
Based on GuruFocus' analysis, Innovate (VATE) is currently considered Fairly Valued. The stock's GF Value™ is $6.68, compared to a current price of $7.37 — trading 10.3% above its estimated fair value. The current Pre-Tax Income is $-15 Mil. Innovate's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Innovate (VATE), the current Pre-Tax Income is $-15 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Innovate (VATE) Overvalued in 2026?

Based on GuruFocus' analysis, Innovate stock appears to be overvalued. The current stock price of $7.37 is trading 10.3% above its estimated GF Value™ of $6.68. GuruFocus considers Innovate to be Fairly Valued.

Key valuation signals for VATE:

  • Pre-Tax Income: $-15 Mil
  • GF Value™: $6.68 vs. price of $7.37 (10.3% above fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the VATE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovate Business Description

Other Exchanges PST0:Germany
Address 295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
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.
59GF Score

Get the complete analysis for VATE

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.37
Price
$6.68
GF Value