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Innovate's Business Segments
Innovate's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2026
Reportable Segments
3
Largest Segment
Infrastructure
Total Revenue
$ 365
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2026
- Infrastructure98.1%
- Spectrum1.5%
- Life Sciences0.4%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Infrastructure | $ 358 | 98.1% |
| Spectrum | $ 5 | 1.5% |
| Life Sciences | $ 2 | 0.4% |
Revenue by Product & Service Category - Q1 FY2026
- Industrial Revenue34.6%
- Commercial Revenue29.6%
- Healthcare Revenue11.4%
- Government Revenue10.2%
- Transportation Revenue9.4%
- Energy Revenue2.6%
- Broadcast Station Revenue1.5%
- Systems and consumables revenue0.4%
- Convention Revenue0.2%
- Leisure Revenue0.1%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Industrial Revenue | $ 126 | 34.6% |
| Commercial Revenue | $ 108 | 29.6% |
| Healthcare Revenue | $ 42 | 11.4% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Innovate
Innovate Corp is a multinational technology company that specializes in developing and delivering innovative solutions for various industries. Founded in 2005, the company has grown to become a leader in the technology market, catering to clients across the globe.
Innovate Corp offers a wide range of products and services, focusing on areas such as software development, data analytics, artificial intelligence, internet of things, cloud computing, and cybersecurity. Their solutions are designed to enhance operational efficiency, optimize decision-making processes, and drive digital transformation for businesses.
One of the core strengths of Innovate Corp lies in its robust software development capabilities. The company houses a team of skilled engineers and developers who are adept at creating cutting-edge software applications tailored to meet the unique needs of their clients. Their software solutions encompass a wide range of domains including enterprise resource planning (ERP), customer relationship management (CRM), supply chain management, and business intelligence.
Data analytics is another area where Innovate Corp excels. The company leverages advanced analytics tools and techniques to extract valuable insights from the vast amounts of data generated in today's digital world. These insights help organizations make data-driven decisions, identify trends, predict customer behavior, and optimize business processes. Furthermore, Innovate Corp offers consultation services to help clients build robust data infrastructure and implement effective data governance strategies.
Artificial intelligence (AI) and machine learning (ML) are also at the forefront of Innovate Corp's offerings. The company develops AI-driven solutions that automate mundane tasks, streamline operations, and enable companies to scale their business efficiently. Their AI solutions span across various industries, including healthcare, finance, manufacturing, and retail. Innovate Corp's team of AI experts specializes in natural language processing, computer vision, predictive analytics, and cognitive computing.
To facilitate the implementation of their solutions, Innovate Corp leverages cloud computing technologies. They provide cloud-based hosting services, enabling clients to securely store data and access applications at any time from anywhere. This allows businesses to lower infrastructure costs, increase scalability, and achieve greater flexibility in their operations.
Understanding the importance of cybersecurity in today's increasingly digital world, Innovate Corp offers a comprehensive suite of cybersecurity solutions. Their experts devise robust security strategies, conduct vulnerability assessments, and implement measures to safeguard critical data and infrastructure from cyber threats. Innovate Corp's cybersecurity solutions encompass network security, endpoint protection, data encryption, intrusion detection systems, and security incident response.
In addition to its core offerings, Innovate Corp places great importance on research and development. The company continuously invests in exploring emerging technologies, conducting feasibility studies, and staying at the forefront of technological advancements. This allows them to anticipate market trends and develop innovative solutions that set them apart from their competitors.
Overall, Innovate Corp is a trusted technology partner for organizations seeking to stay ahead in the digital era. By offering a comprehensive suite of innovative solutions, backed by their expertise and commitment to excellence, Innovate Corp continues to drive digital transformation and bring tangible value to their clients.
Innovate Corp offers a wide range of products and services, focusing on areas such as software development, data analytics, artificial intelligence, internet of things, cloud computing, and cybersecurity. Their solutions are designed to enhance operational efficiency, optimize decision-making processes, and drive digital transformation for businesses.
One of the core strengths of Innovate Corp lies in its robust software development capabilities. The company houses a team of skilled engineers and developers who are adept at creating cutting-edge software applications tailored to meet the unique needs of their clients. Their software solutions encompass a wide range of domains including enterprise resource planning (ERP), customer relationship management (CRM), supply chain management, and business intelligence.
Data analytics is another area where Innovate Corp excels. The company leverages advanced analytics tools and techniques to extract valuable insights from the vast amounts of data generated in today's digital world. These insights help organizations make data-driven decisions, identify trends, predict customer behavior, and optimize business processes. Furthermore, Innovate Corp offers consultation services to help clients build robust data infrastructure and implement effective data governance strategies.
Artificial intelligence (AI) and machine learning (ML) are also at the forefront of Innovate Corp's offerings. The company develops AI-driven solutions that automate mundane tasks, streamline operations, and enable companies to scale their business efficiently. Their AI solutions span across various industries, including healthcare, finance, manufacturing, and retail. Innovate Corp's team of AI experts specializes in natural language processing, computer vision, predictive analytics, and cognitive computing.
To facilitate the implementation of their solutions, Innovate Corp leverages cloud computing technologies. They provide cloud-based hosting services, enabling clients to securely store data and access applications at any time from anywhere. This allows businesses to lower infrastructure costs, increase scalability, and achieve greater flexibility in their operations.
Understanding the importance of cybersecurity in today's increasingly digital world, Innovate Corp offers a comprehensive suite of cybersecurity solutions. Their experts devise robust security strategies, conduct vulnerability assessments, and implement measures to safeguard critical data and infrastructure from cyber threats. Innovate Corp's cybersecurity solutions encompass network security, endpoint protection, data encryption, intrusion detection systems, and security incident response.
In addition to its core offerings, Innovate Corp places great importance on research and development. The company continuously invests in exploring emerging technologies, conducting feasibility studies, and staying at the forefront of technological advancements. This allows them to anticipate market trends and develop innovative solutions that set them apart from their competitors.
Overall, Innovate Corp is a trusted technology partner for organizations seeking to stay ahead in the digital era. By offering a comprehensive suite of innovative solutions, backed by their expertise and commitment to excellence, Innovate Corp continues to drive digital transformation and bring tangible value to their clients.
As of December 31, 2025, the company operates through three reportable segments: Infrastructure, Life Sciences, and Spectrum, along with an Other segment for businesses not meeting reportable thresholds. The Infrastructure segment includes DBM Global Inc. (DBMG), which provides integrated structural and steel construction services. The Life Sciences segment includes Pansend Life Sciences, LLC (Pansend), focused on healthcare and biotechnology product development. The Spectrum segment includes HC2 Broadcasting Holdings Inc. and its subsidiaries (Broadcasting), operating Over-The-Air broadcasting stations across the United States and Puerto Rico. The Other segment comprises all other businesses or investments not classified within the defined segments. Following refinancing transactions in the third quarter of 2025, new milestone covenants in debt agreements require the company to initiate sales processes for the Infrastructure and Spectrum segments, which have commenced. After these sales, the company plans to focus on operating and managing the remaining segments. The company continues to evaluate strategic alternatives, including operating, growing, acquiring, winding down, or selling assets or businesses within or outside current segments, pursuing controlling interests in durable, cash-flow generating businesses or companies with significant growth potential, and aligning management incentives to support sustainable long-term value.
