Company / Cost of Revenue
INNOVATE Corp. Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$898.3M
FY2025
5-year range
$588.5M / $1.4B
FY2021-FY2025
Trend
-25.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue has fluctuated over the past 10 years, ranging from $297M in FY2016 to $1.6B in FY2019.
Based on SEC 10-K filings.
$898M in FY2025 with a 5-year CAGR of +8.6%.
Improved from $1.4B to $898M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -4.2%
- 5-Year CAGR
- +8.6%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +8.6%, indicating consistent growth.
- In FY2025, cost of revenue decreased 25.6% year-over-year.
- Peak cost of revenue was recorded in FY2019.
- Lowest cost of revenue in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.77 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $898.3M | -25.6% |
| FY2024 | $1.2B | -14.8% |
| FY2023 | $1.4B | +38.6% |
| FY2022 | $1.0B | +73.6% |
| FY2021 | $588.5M | -1.3% |
| FY2020 | $596.0M | -62.4% |
| FY2019 | $1.6B | +26.4% |
| FY2018 | $1.3B | +27.6% |
| FY2017 | $982.6M | +231.4% |
| FY2016 | $296.5M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026