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
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Condensed Consolidated Statements of Stockholders’ Deficit
| Temporary Equity · Stockholders' (Deficit) Equity | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock and Redeemable Non-Controlling Interests · Common Stock · Additional Paid-In Capital · Treasury Stock · Accumulated Deficit · Accumulated Comprehensive (Loss) Income (a) · Total INNOVATE Stockholders' (Deficit) Equity · Non-Controlling Interests · Total Stockholders' (Deficit) Equity | ||||||||||||||||
| Shares(thousands) · Amount | ||||||||||||||||
| Balance as of March 31, 2026 | $10.8 | 13,641.9 | $— | $350.4 | $(5.6) | $(599.3) | $(1.8) | $(256.3) | $13.3 | $(243.0) | ||||||
| Share-based compensation | — | — | — | 0.4 | — | — | — | 0.4 | — | 0.4 | ||||||
| Dividends | 0.2 | — | — | (0.3) | — | — | — | (0.3) | (0.3) | (0.6) | ||||||
| Transactions with redeemable non-controlling interests | (2.5) | — | — | 2.4 | — | — | — | 2.4 | — | 2.4 | ||||||
| Net income | 0.1 | — | — | — | — | 10.7 | — | 10.7 | 1.6 | 12.3 | ||||||
| Other comprehensive loss | — | — | — | — | — | — | (0.1) | (0.1) | — | (0.1) | ||||||
| Balance as of June 30, 2026 | $8.6 | 13,641.9 | $— | $352.9 | $(5.6) | $(588.6) | $(1.9) | $(243.2) | $14.6 | $(228.6) | ||||||
| Balance as of December 31, 2025 | $10.9 | 13,655.1 | $— | $350.1 | $(5.6) | $(582.5) | $(2.1) | $(240.1) | $13.9 | $(226.2) | ||||||
| Share-based compensation | — | — | — | 1.0 | — | — | — | 1.0 | — | 1.0 | ||||||
| Shares withheld to satisfy tax withholdings | — | (13.2) | — | — | — | — | — | — | — | — | ||||||
| Dividends | 0.4 | — | — | (0.7) | — | — | — | (0.7) | (0.7) | (1.4) | ||||||
| Transactions with non-controlling interests and redeemable non-controlling interests | (2.5) | — | — | 2.5 | — | — | — | 2.5 | (0.2) | 2.3 | ||||||
| Net (loss) income | (0.2) | — | — | — | — | (6.1) | — | (6.1) | 1.6 | (4.5) | ||||||
| Other comprehensive income | — | — | — | — | — | — | 0.2 | 0.2 | — | 0.2 | ||||||
| Balance as of June 30, 2026 | $8.6 | 13,641.9 | $— | $352.9 | $(5.6) | $(588.6) | $(1.9) | $(243.2) | $14.6 | $(228.6) | ||||||
(a) Inclusive of other comprehensive income (loss), foreign currency cumulative translation adjustments totaled a loss of $3.1 million and $3.3 million as of June 30, 2026 and December 31, 2025, respectively.
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT
| Temporary Equity · Stockholders' (Deficit) Equity | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock and Redeemable Non-Controlling Interests · Common Stock · Additional Paid-In Capital · Treasury Stock · Accumulated Deficit · Accumulated Comprehensive Income (Loss) (a) · Total INNOVATE Stockholders' (Deficit) Equity · Non-Controlling Interests · Total Stockholders' (Deficit) Equity | |||||||||||||||||||
| Shares(thousands) · Amount | |||||||||||||||||||
| Balance as of March 31, 2025 | $15.4 | 13,283.2 | $— | $350.7 | $(5.5) | $(546.4) | $(3.0) | $(204.2) | $19.9 | $(184.3) | |||||||||
| Share-based compensation | — | — | — | 0.7 | — | — | — | 0.7 | — | 0.7 | |||||||||
| Shares withheld to satisfy tax withholdings | — | — | — | — | (0.1) | — | — | (0.1) | — | (0.1) | |||||||||
| Dividends | 1.8 | — | — | (2.2) | — | — | — | (2.2) | (0.5) | (2.7) | |||||||||
| Issuance of common stock, net of forfeitures | — | 52.9 | — | — | — | — | — | — | — | — | |||||||||
| Net loss | (0.1) | — | — | — | — | (19.8) | — | (19.8) | (1.1) | (20.9) | |||||||||
| Other comprehensive income | — | — | — | — | — | — | 0.8 | 0.8 | 0.1 | 0.9 | |||||||||
| Balance as of June 30, 2025 | $17.1 | 13,336.1 | $— | $349.2 | $(5.6) | $(566.2) | $(2.2) | $(224.8) | $18.4 | $(206.4) | |||||||||
| Balance as of December 31, 2024 | $15.6 | 13,261.4 | $— | $350.1 | $(5.4) | $(521.9) | $(3.2) | $(180.4) | $21.1 | $(159.3) | |||||||||
| Share-based compensation | — | — | — | 1.5 | — | — | — | 1.5 | — | 1.5 | |||||||||
| Shares withheld to satisfy tax withholdings | (15.1) | — | — | (0.2) | — | — | (0.2) | — | (0.2) | ||||||||||
| Dividends | 1.8 | — | — | (2.5) | — | — | — | (2.5) | (0.5) | (3.0) | |||||||||
| Issuance of common stock, net of forfeitures | — | 89.8 | — | — | — | — | — | — | — | — | |||||||||
| Transactions with non-controlling interests | — | — | — | 0.1 | — | — | — | 0.1 | (0.1) | — | |||||||||
| Net loss | (0.3) | — | — | — | — | (44.3) | — | (44.3) | (2.2) | (46.5) | |||||||||
| Other comprehensive income | — | — | — | — | — | — | 1.0 | 1.0 | 0.1 | 1.1 | |||||||||
| Balance as of June 30, 2025 | $17.1 | 13,336.1 | $— | $349.2 | $(5.6) | $(566.2) | $(2.2) | $(224.8) | $18.4 | $(206.4) | |||||||||
(a) Inclusive of other comprehensive income (loss), foreign currency cumulative translation adjustments totaled a loss of $3.4 million and $4.5 million as of June 30, 2025 and December 31, 2024, respectively
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.