Innovate (VATE) Capital Expenditures (2010 - 2025)
Innovate (VATE) reported Capital Expenditures of $7.5 million for Q4 2025, up 4.2% from $7.2 million a year earlier but down 3.8% from the prior quarter.
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Analysis
Innovate (VATE) Capital Expenditures (2010 - 2025) Analysis & Trends
For FY2025, Innovate posted Capital Expenditures of $26.1 million, up 37.4% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $19 million in FY2024 (+3.3%), $18.4 million in FY2023 (-11.1%), $20.7 million in FY2022 (-14.1%) and $24.1 million in FY2021 (+35.4%).
- Five-year quarterly Capital Expenditures spans a low of $3.1 million in Q2 2024 and a high of $9.1 million in Q4 2021.
- Year over year, Capital Expenditures has now increased in each of the last three quarters, with growth averaging 33.9% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q4 2021 (growth of 184.4%); the low point was Q4 2022 (a decline of 51.6%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $7.8 million (Q3 2025), $6.1 million (Q2 2025) and $4.7 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.81 Bn | 87.89 Bn | 1.55 Bn | 230.96 Mn |
| 2 | Ferrovial | 35.40 Bn | 13.65 Bn | - | - |
| 3 | Emcor | 31.21 Bn | 27.60 Bn | 1.02 Bn | 31.15 Mn |
| 4 | Jacobs Solutions | 16.43 Bn | 11.10 Bn | 810.70 Mn | 25.13 Mn |
| 5 | Mastec | 14.65 Bn | 13.43 Bn | 556.28 Mn | 91.51 Mn |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 50.02 Mn |
| 7 | IES Holdings | 9.64 Bn | 8.50 Bn | 340.66 Mn | 44.64 Mn |
| 8 | Stantec | 7.86 Bn | 6.79 Bn | 1.36 Bn | -30.00 Mn |
| 9 | Aecom | 7.59 Bn | 2.71 Bn | -34.04 Mn | 40.35 Mn |
| 10 | Innovate | 78.43 Mn | -180.87 Mn | 79.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 7.50 Mn |
| Sep 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | 6.40 Mn |
| Mar 31, 2025 | 4.70 Mn |
| Dec 31, 2024 | 8.10 Mn |
| Sep 30, 2024 | 3.40 Mn |
| Jun 30, 2024 | 3.10 Mn |
| Mar 31, 2024 | 5.60 Mn |
| Dec 31, 2023 | 4.50 Mn |
| Sep 30, 2023 | 5.70 Mn |
| Jun 30, 2023 | 4.50 Mn |
| Mar 31, 2023 | 3.70 Mn |
| Dec 31, 2022 | 4.40 Mn |
| Sep 30, 2022 | 7.50 Mn |
| Jun 30, 2022 | 4.20 Mn |
| Mar 31, 2022 | 4.60 Mn |
| Dec 31, 2021 | 9.10 Mn |
| Sep 30, 2021 | 7.00 Mn |
| Jun 30, 2021 | 4.80 Mn |
| Mar 31, 2021 | 3.20 Mn |
API Access
Innovate Capital Expenditures 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=capital-expenditures&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();