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Side-by-side financial comparison of SENSIENT TECHNOLOGIES CORP (SXT) and INNOVATE Corp. (VATE). Click either name above to swap in a different company.

SENSIENT TECHNOLOGIES CORP is the larger business by last-quarter revenue ($435.8M vs $382.7M, roughly 1.1× INNOVATE Corp.). SENSIENT TECHNOLOGIES CORP runs the higher net margin — 10.1% vs -1.9%, a 12.1% gap on every dollar of revenue. On growth, INNOVATE Corp. posted the faster year-over-year revenue change (61.7% vs 11.1%). Over the past eight quarters, INNOVATE Corp.'s revenue compounded faster (10.2% CAGR vs 3.9%).

Sensient Technologies is a global manufacturer and marketer of colors, flavors and fragrances based in Milwaukee, Wisconsin. Their products are used in many foods and beverages, pharmaceuticals, cosmetics, home and personal care products, specialty printing and imaging products, computer imaging and industrial colors. Sensient reported revenue of $1,468 million in 2013. Subdivisions include the Sensient Flavors & Fragrances Group and the Sensient Color Group. Within the Flavors & Fragrances G...

Innovate Corp. is an American public financial services company founded in 1994.

SXT vs VATE — Head-to-Head

Bigger by revenue
SXT
SXT
1.1× larger
SXT
$435.8M
$382.7M
VATE
Growing faster (revenue YoY)
VATE
VATE
+50.7% gap
VATE
61.7%
11.1%
SXT
Higher net margin
SXT
SXT
12.1% more per $
SXT
10.1%
-1.9%
VATE
Faster 2-yr revenue CAGR
VATE
VATE
Annualised
VATE
10.2%
3.9%
SXT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SXT
SXT
VATE
VATE
Revenue
$435.8M
$382.7M
Net Profit
$44.2M
$-7.4M
Gross Margin
15.4%
Operating Margin
15.3%
3.7%
Net Margin
10.1%
-1.9%
Revenue YoY
11.1%
61.7%
Net Profit YoY
28.2%
55.4%
EPS (diluted)
$1.04
$-0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SXT
SXT
VATE
VATE
Q1 26
$435.8M
Q4 25
$393.4M
$382.7M
Q3 25
$412.1M
$347.1M
Q2 25
$414.2M
$242.0M
Q1 25
$392.3M
$274.2M
Q4 24
$376.4M
$236.6M
Q3 24
$392.6M
$242.2M
Q2 24
$403.5M
$313.1M
Net Profit
SXT
SXT
VATE
VATE
Q1 26
$44.2M
Q4 25
$25.5M
$-7.4M
Q3 25
$37.0M
$-8.9M
Q2 25
$37.6M
$-19.8M
Q1 25
$34.5M
$-24.5M
Q4 24
$30.1M
$-16.6M
Q3 24
$32.7M
$-15.0M
Q2 24
$30.9M
$14.4M
Gross Margin
SXT
SXT
VATE
VATE
Q1 26
Q4 25
31.4%
15.4%
Q3 25
34.3%
14.3%
Q2 25
34.5%
18.8%
Q1 25
33.6%
16.6%
Q4 24
31.7%
19.6%
Q3 24
33.2%
19.9%
Q2 24
32.4%
21.0%
Operating Margin
SXT
SXT
VATE
VATE
Q1 26
15.3%
Q4 25
9.7%
3.7%
Q3 25
14.0%
1.8%
Q2 25
13.9%
2.0%
Q1 25
13.6%
1.2%
Q4 24
11.2%
1.1%
Q3 24
12.9%
2.4%
Q2 24
12.3%
9.2%
Net Margin
SXT
SXT
VATE
VATE
Q1 26
10.1%
Q4 25
6.5%
-1.9%
Q3 25
9.0%
-2.6%
Q2 25
9.1%
-8.2%
Q1 25
8.8%
-8.9%
Q4 24
8.0%
-7.0%
Q3 24
8.3%
-6.2%
Q2 24
7.7%
4.6%
EPS (diluted)
SXT
SXT
VATE
VATE
Q1 26
$1.04
Q4 25
$0.60
$-0.57
Q3 25
$0.87
$-0.71
Q2 25
$0.88
$-1.67
Q1 25
$0.81
$-1.89
Q4 24
$0.71
$-0.72
Q3 24
$0.77
$-1.18
Q2 24
$0.73
$1.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SXT
SXT
VATE
VATE
Cash + ST InvestmentsLiquidity on hand
$38.5M
$112.1M
Total DebtLower is stronger
$767.8M
$80.3M
Stockholders' EquityBook value
$1.2B
$-240.1M
Total Assets
$2.3B
$950.1M
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SXT
SXT
VATE
VATE
Q1 26
$38.5M
Q4 25
$36.5M
$112.1M
Q3 25
$42.7M
$35.5M
Q2 25
$56.7M
$33.4M
Q1 25
$32.6M
$33.3M
Q4 24
$26.6M
$48.8M
Q3 24
$37.0M
$51.0M
Q2 24
$30.3M
$80.2M
Total Debt
SXT
SXT
VATE
VATE
Q1 26
$767.8M
Q4 25
$709.2M
$80.3M
Q3 25
$97.3M
Q2 25
$160.1M
Q1 25
$139.9M
Q4 24
$613.5M
$500.6M
Q3 24
$502.4M
Q2 24
$638.3M
Stockholders' Equity
SXT
SXT
VATE
VATE
Q1 26
$1.2B
Q4 25
$1.2B
$-240.1M
Q3 25
$1.2B
$-233.3M
Q2 25
$1.2B
$-224.8M
Q1 25
$1.1B
$-204.2M
Q4 24
$1.1B
$-180.4M
Q3 24
$1.1B
$-163.1M
Q2 24
$1.1B
$-149.0M
Total Assets
SXT
SXT
VATE
VATE
Q1 26
$2.3B
Q4 25
$2.2B
$950.1M
Q3 25
$2.2B
$913.2M
Q2 25
$2.2B
$890.9M
Q1 25
$2.1B
$868.0M
Q4 24
$2.0B
$891.1M
Q3 24
$2.0B
$897.2M
Q2 24
$2.0B
$898.9M
Debt / Equity
SXT
SXT
VATE
VATE
Q1 26
0.63×
Q4 25
0.59×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SXT
SXT
VATE
VATE
Operating Cash FlowLast quarter
$101.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SXT
SXT
VATE
VATE
Q1 26
Q4 25
$44.6M
$101.1M
Q3 25
$44.0M
$19.2M
Q2 25
$48.3M
$40.4M
Q1 25
$-9.0M
$-14.1M
Q4 24
$21.4M
$41.4M
Q3 24
$76.8M
$-28.4M
Q2 24
$43.8M
$21.5M
Free Cash Flow
SXT
SXT
VATE
VATE
Q1 26
Q4 25
$12.9M
Q3 25
$24.2M
$19.0M
Q2 25
$27.1M
Q1 25
$-25.8M
$-18.8M
Q4 24
$-1.7M
$34.2M
Q3 24
$63.6M
$-31.5M
Q2 24
$32.0M
$18.4M
FCF Margin
SXT
SXT
VATE
VATE
Q1 26
Q4 25
3.3%
Q3 25
5.9%
5.5%
Q2 25
6.5%
Q1 25
-6.6%
-6.9%
Q4 24
-0.5%
14.5%
Q3 24
16.2%
-13.0%
Q2 24
7.9%
5.9%
Capex Intensity
SXT
SXT
VATE
VATE
Q1 26
Q4 25
8.0%
Q3 25
4.8%
0.1%
Q2 25
5.1%
Q1 25
4.3%
1.7%
Q4 24
6.1%
3.0%
Q3 24
3.4%
1.3%
Q2 24
2.9%
1.0%
Cash Conversion
SXT
SXT
VATE
VATE
Q1 26
Q4 25
1.75×
Q3 25
1.19×
Q2 25
1.28×
Q1 25
-0.26×
Q4 24
0.71×
Q3 24
2.35×
Q2 24
1.42×
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SXT
SXT

Segment breakdown not available.

VATE
VATE

Commercial Revenue$126.1M33%
Industrial Revenue$87.5M23%
Transportation Revenue$58.4M15%
Healthcare Revenue$48.4M13%
Government Revenue$44.3M12%
Energy Revenue$8.0M2%
Broadcast Station Revenue$5.7M1%
Systems And Consumables Revenue$3.1M1%
Leisure Revenue$200.0K0%

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