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INNOVATE Corp.

For the period ended Mar 31, 2026. Filed May 14, 2026.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 14, 2026

VATE$5.42+3.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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) Accounts Receivable, Net

  1. Accounts Receivable, Net

Accounts receivable, net, consisted of the following (in millions):

March 31,2026December 31, 2025
Contracts in progress$179.8$237.0
Unbilled retentions0.10.1
Trade receivables2.73.6
Other receivables3.60.6
Allowance for expected credit losses(0.2)(0.2)
Total$186.0$241.1

As of January 1, 2025, accounts receivable, net totaled $194.0 million.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.