INNOVATE CORP. (VATE) Gross margin 2020–2025
INNOVATE CORP. (VATE) gross margin by fiscal year — reported gross profit divided by reported revenue.
16.0%FY2025 · since FY2020: 17.9% → 16.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 16.0% | -2.8 pp |
| FY2024 | 18.9% | +3.7 pp |
| FY2023 | 15.2% | +1.7 pp |
| FY2022 | 13.5% | -1.7 pp |
| FY2021 | 15.2% | -2.7 pp |
| FY2020 | 17.9% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice