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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 242.0 $ 313.1 $ 516.2 $ 628.3
Cost of revenue 196.4 247.5 425.1 514.1
Gross profit 45.6 65.6 91.1 114.2
Operating expenses:        
Selling, general and administrative 35.1 42.9 72.9 82.4
Depreciation and amortization 4.4 4.4 8.8 8.8
Other operating loss (income) 1.2 (10.5) 1.1 (8.6)
Income (loss) from operations 4.9 28.8 8.3 31.6
Other (expense) income:        
Interest expense (21.4) (16.5) (41.6) (33.7)
Loss from equity investees 0.0 (1.1) (5.9) (2.3)
Other (expense) income, net (0.3) 0.2 3.7 (1.0)
(Loss) income from operations before income taxes (16.8) 11.4 (35.5) (5.4)
Income tax (expense) benefit (4.2) 2.5 (11.3) (0.8)
Net (loss) income (21.0) 13.9 (46.8) (6.2)
Net loss attributable to non-controlling interests and redeemable non-controlling interests 1.2 0.5 2.5 3.2
Net (loss) income attributable to INNOVATE Corp. (19.8) 14.4 (44.3) (3.0)
Less: Preferred dividends 2.2 0.3 2.5 0.6
Net (loss) income attributable to common stockholders and participating preferred stockholders, basic (22.0) 14.1 (46.8) (3.6)
Net (loss) income attributable to common stockholders and participating preferred stockholders, diluted $ (22.0) $ 14.1 $ (46.8) $ (3.6)
(Loss) income per share        
Basic (in usd per share) [1] $ (1.67) $ 1.11 $ (3.56) $ (0.35)
Diluted (in usd per share) [1] $ (1.67) $ 1.03 $ (3.56) $ (0.35)
Weighted-average common shares outstanding        
Basic (in shares) [1] 13,146,750 8,920,485 13,130,930 8,392,923
Diluted (in shares) [1] 13,146,750 14,425,756 13,130,930 8,392,923
[1] Basic and diluted (loss) earnings per common share and basic and diluted weighted-average common shares outstanding for the three and six months ended June 30, 2024, have been retroactively adjusted to reflect the 1-for-10 reverse stock split effected on August 8, 2024.