Innovate (VATE) Capital Expenditures (2010 - 2025)
Innovate (VATE) recorded quarterly Capital Expenditures of $200000.0 in Q3 2025, up 104.55% quarter-over-quarter from -$4.4 million in Q2 2025, and down 33.33% on a YoY basis from $300000.0 in Q3 2024.
Innovate (VATE) Capital Expenditures (2010 - 2025) Analysis & Trends
Innovate's Capital Expenditures history runs 16 years deep, the most recent figure standing at $200000.0 for Q3 2025.
- In Q3 2025, Capital Expenditures fell 33.33% year-over-year to $200000.0; the TTM figure through Dec 2025 stood at $500000.0 (down 58.33% YoY), while the FY2025 annual figure was $500000.0, down 58.33% from the prior year.
- Capital Expenditures was $200000.0 for Q3 2025 at Innovate, up from -$4.4 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $9.1 million in Q4 2021 to a low of -$5.6 million in Q2 2024.
- Historically, Capital Expenditures has averaged $3.4 million across 5 years, with a median of $4.5 million in 2023.
- The sharpest annual moves came in 2021 and 2024: Capital Expenditures surged 184.38% in 2021, then sank 224.44% in 2024.
- A 5-year view of Capital Expenditures shows it stood at $9.1 million in 2021, then plunged by 51.65% to $4.4 million in 2022, then grew by 2.27% to $4.5 million in 2023, then plunged by 80.0% to $900000.0 in 2024, then plunged by 77.78% to $200000.0 in 2025.
- The last three Capital Expenditures figures came in at $200000.0 (Q3 2025), -$4.4 million (Q2 2025), and $4.7 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 220.09 Mn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 147.47 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 28.71 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 20.00 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 19.63 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 18.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 20.78 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 31.83 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 200,000.00 |
| Sep 30, 2025 | 200,000.00 |
| Jun 30, 2025 | -4.40 Mn |
| Jun 30, 2025 | -4.40 Mn |
| Mar 31, 2025 | 4.70 Mn |
| Mar 31, 2025 | 4.70 Mn |
| Dec 31, 2024 | 900,000.00 |
| Dec 31, 2024 | 900,000.00 |
| Sep 30, 2024 | 300,000.00 |
| Sep 30, 2024 | 300,000.00 |
| Jun 30, 2024 | -5.60 Mn |
| Jun 30, 2024 | -5.60 Mn |
| Mar 31, 2024 | 5.60 Mn |
| Mar 31, 2024 | 5.60 Mn |
| Dec 31, 2023 | 4.50 Mn |
| Dec 31, 2023 | 4.50 Mn |
| Sep 30, 2023 | 5.70 Mn |
| Sep 30, 2023 | 5.70 Mn |
| Jun 30, 2023 | 4.50 Mn |
| Jun 30, 2023 | 4.50 Mn |