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
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