Innovate (VATE) Accumulated Expenses (2010 - 2026)
Innovate's Accumulated Expenses came in at $77.9 million for Q2 2026, down 37.9% from $125.4 million a year earlier.
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Analysis
Innovate (VATE) Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025, Innovate's Accumulated Expenses was $64.8 million, down 40.9% from FY2024.
- Accumulated Expenses carries a five-year compound annual growth rate of -3.4% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $109.7 million in FY2024 (+54.9%), $70.8 million in FY2023 (+8.3%), $65.4 million in FY2022 (-30.0%) and $93.4 million in FY2021 (+21.1%).
- The five-year range for quarterly Accumulated Expenses is $45 million (Q1 2023) to $125.4 million (Q2 2025).
- Year-over-year, Accumulated Expenses increased in five of the last seven quarters, with growth averaging 36.4%.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q1 2025 (growth of 111.5%), and the weakest in Q1 2023 (a decline of 47.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 82.37 Bn | 80.45 Bn | 1.55 Bn |
| 2 | Ferrovial | 35.66 Bn | 13.90 Bn | - |
| 3 | Emcor | 28.79 Bn | 25.18 Bn | 1.02 Bn |
| 4 | Jacobs Solutions | 17.11 Bn | 11.77 Bn | 810.70 Mn |
| 5 | Mastec | 13.35 Bn | 12.13 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 10.94 Bn | 9.27 Bn | 289.96 Mn |
| 7 | IES Holdings | 8.50 Bn | 7.36 Bn | 340.66 Mn |
| 8 | Stantec | 8.11 Bn | 7.03 Bn | 1.36 Bn |
| 9 | Aecom | 7.78 Bn | 2.90 Bn | -34.04 Mn |
| 10 | Innovate | 73.83 Mn | -185.47 Mn | 79.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.90 Mn |
| Dec 31, 2025 | 64.80 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 |
API Access
Innovate Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();