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
DateValue
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