Innovate (VATE) Accumulated Expenses (2010 - 2025)
Innovate (VATE) posted quarterly Accumulated Expenses of $122.5 million for Q4 2025, up 11.67% year-over-year from $109.7 million in Q4 2024, and up 11.26% quarter-over-quarter from $110.1 million in Q3 2025.
Innovate (VATE) Accumulated Expenses (2010 - 2025) Analysis & Trends
Innovate's Accumulated Expenses history runs 12 years deep, the most recent figure standing at $122.5 million for Q4 2025.
- In Q4 2025, Accumulated Expenses rose 11.67% year-over-year to $122.5 million; the TTM figure through Dec 2025 stood at $122.5 million (up 11.67% YoY), while the FY2025 annual figure was $122.5 million, up 11.67% from the prior year.
- Accumulated Expenses for Q4 2025 stood at $122.5 million, up from $110.1 million in the prior quarter.
- The five-year high for Accumulated Expenses was $125.4 million in Q2 2025, with the low at $45.0 million in Q1 2023.
- The 5-year median for Accumulated Expenses is $90.8 million (2022), against an average of $87.0 million.
- The sharpest annual moves came in 2023 and 2025: Accumulated Expenses sank 47.74% in 2023, then surged 111.49% in 2025.
- Innovate's Accumulated Expenses stood at $93.4 million in 2021, then fell by 29.98% to $65.4 million in 2022, then increased by 8.26% to $70.8 million in 2023, then surged by 54.94% to $109.7 million in 2024, then climbed by 11.67% to $122.5 million in 2025.
- Business Quant data shows VATE's Accumulated Expenses at $122.5 million in Q4 2025, $110.1 million in Q3 2025, and $125.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn |
| 10 | Innovate | 101.71 Mn | 507,135.29 | 58.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 122.50 Mn |
| Sep 30, 2025 | 110.10 Mn |
| Jun 30, 2025 | 125.40 Mn |
| Mar 31, 2025 | 106.80 Mn |
| Dec 31, 2024 | 109.70 Mn |
| Sep 30, 2024 | 93.30 Mn |
| Jun 30, 2024 | 60.10 Mn |
| Mar 31, 2024 | 50.50 Mn |
| Dec 31, 2023 | 70.80 Mn |
| Sep 30, 2023 | 66.40 Mn |
| Jun 30, 2023 | 73.30 Mn |
| Mar 31, 2023 | 45.00 Mn |
| Dec 31, 2022 | 65.40 Mn |
| Sep 30, 2022 | 88.20 Mn |
| Jun 30, 2022 | 93.30 Mn |
| Mar 31, 2022 | 86.10 Mn |
| Dec 31, 2021 | 93.40 Mn |
| Sep 30, 2021 | 99.70 Mn |
| Jun 30, 2021 | 101.90 Mn |
| Mar 31, 2021 | 78.60 Mn |