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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenue $ 274.2 $ 315.2
Cost of revenue 228.7 266.6
Gross profit 45.5 48.6
Operating expenses:    
Selling, general and administrative 37.8 39.5
Depreciation and amortization 4.4 4.4
Other operating (income) loss (0.1) 1.9
Income (loss) from operations 3.4 2.8
Other (expense) income:    
Interest expense (20.2) (17.2)
Loss from equity investees (5.9) (1.2)
Other income (expense), net 4.0 (1.2)
Loss from operations before income taxes (18.7) (16.8)
Income tax expense (7.1) (3.3)
Net loss (25.8) (20.1)
Net loss attributable to non-controlling interests and redeemable non-controlling interests 1.3 2.7
Net loss attributable to INNOVATE Corp. (24.5) (17.4)
Less: Preferred dividends 0.3 0.3
Net loss attributable to common stockholders and participating preferred stockholders, basic (24.8) (17.7)
Net loss attributable to common stockholders and participating preferred stockholders, diluted $ (24.8) $ (17.7)
Loss per common share - basic (in usd per share) [1] $ (1.89) $ (2.21)
Loss per common share - diluted (in usd per share) [1] $ (1.89) $ (2.21)
Weighted-average common shares outstanding - basic (in shares) [1] 13,114,804 7,865,361
Weighted-average common shares outstanding - diluted (in shares) [1] 13,114,804 7,865,361
[1] Basic and diluted loss per common share and weighted-average common shares outstanding for the three months ended March 31, 2024, have been retroactively adjusted to reflect the 1-for-10 reverse stock split effected on August 8, 2024.