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Innovate Corp. revenue

Innovate Corp.'s revenue was $1.25bn in fiscal 2025, up 12.5% on the year before. Since fiscal 2010 ($282m) it has grown at a compound 10.4% a year. Over the last twelve months it was $1.52bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2824123032315471,1211,5581,6341,9771,0777171,2051,6371,4231,1071,2461,516
Growth on the year before—+46.1%−26.5%−23.9%+137.3%+104.7%+39.0%+4.9%+21.0%−45.5%−33.4%+68.1%+35.9%−13.1%−22.2%+12.5%—
Gross profit147231710—138304321392481128184221216209200242
Gross margin52.2%5.5%5.7%4.5%—12.3%19.5%19.6%19.8%44.7%17.9%15.2%13.5%15.2%18.9%16.0%15.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Infrastructure $1.2B 97.1% ▲ 12.9%
Spectrum $23.2M 1.9% ▼ 9.7%
Life Sciences $12.5M 1.0% ▲ 27.6%

From Innovate Corp.'s 10-K filed March 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Construction & Engineering: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Innovate Corp. $1.52bn 52.4% -0.1%
Argan Inc $1.19bn 29.0% 35.1%
Orion Group Holdings Inc $928m 11.0% 9.5%
Matrix Service Co $874m 13.6% 3.2%
Cadeler A/s $701m 160.6% —
Limbach Holdings, Inc. $684m 23.7% 10.1%

Compare with peers

Head to head: AGX vs VATEORN vs VATEMTRX vs VATE

More: Construction & Engineering stocks compared, Industrials sector, rankings of US companies

Figures from Innovate Corp.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Innovate Corp.