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% on a QoQ basis from $110.1 million in Q3 2025.
Innovate (VATE) Accumulated Expenses (2010 - 2025) Analysis & Trends
Innovate (VATE) has reported Accumulated Expenses for 12 consecutive years, with $122.5 million the latest figure, recorded in 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 came in at $122.5 million for Q4 2025 at Innovate, 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.
- Average Accumulated Expenses over 5 years is $87.0 million, with a median of $90.8 million recorded in 2022.
- Across the five-year window, Accumulated Expenses tumbled 47.74% in 2023 and soared 111.49% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $93.4 million in 2021, then fell by 29.98% to $65.4 million in 2022, then grew by 8.26% to $70.8 million in 2023, then soared by 54.94% to $109.7 million in 2024, then gained by 11.67% to $122.5 million in 2025.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $122.5 million, $110.1 million, and $125.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 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 |