INNOVATE Corp.
For the period ended Jun 30, 2026. Filed Aug 6, 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.
Jun 30, 2026 · Filed Aug 6, 2026
VATE$5.42+3.0%Stored close · as of Nov 9, 2026
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) Accounts Receivable, Net
- Accounts Receivable, Net
Accounts receivable, net, consisted of the following (in millions):
| June 30,2026 | December 31, 2025 | |
|---|---|---|
| Contracts in progress | $279.8 | $237.0 |
| Unbilled retentions | — | — |
| Trade receivables | 1.0 | 1.9 |
| Other receivables | 3.7 | 0.6 |
| Allowance for expected credit losses | (0.1) | (0.1) |
| Total | $284.4 | $239.4 |
As of January 1, 2025, accounts receivable, net, as recast to exclude assets held for sale, totaled $192.1 million.
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