Innovate (VATE) Change in Account Payables (2010 - 2025)
Innovate (VATE) recorded quarterly Change in Account Payables of $42.5 million in Q4 2025, up 115.74% quarter-over-quarter from $19.7 million in Q3 2025, and up 2400.0% on a YoY basis from $1.7 million in Q4 2024.
Innovate (VATE) Change in Account Payables (2010 - 2025) Analysis & Trends
Innovate's Change in Account Payables history runs 16 years deep, the most recent figure standing at $42.5 million for Q4 2025.
- In Q4 2025, Change in Account Payables rose 2400.0% year-over-year to $42.5 million; the TTM figure through Dec 2025 stood at $57.1 million (up 199.83% YoY), while the FY2025 annual figure was $57.1 million, up 199.83% from the prior year.
- Change in Account Payables was $42.5 million for Q4 2025 at Innovate, up from $19.7 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $42.5 million in Q4 2025 to a low of -$36.3 million in Q1 2023.
- Historically, Change in Account Payables has averaged $965000.0 across 5 years, with a median of -$3.8 million in 2021.
- Biggest YoY gain for Change in Account Payables was 10375.0% in 2021; the steepest drop was 2500.0% in 2021.
- A 5-year view of Change in Account Payables shows it stood at -$7.8 million in 2021, then slipped by 25.64% to -$9.8 million in 2022, then increased by 24.49% to -$7.4 million in 2023, then soared by 122.97% to $1.7 million in 2024, then surged by 2400.0% to $42.5 million in 2025.
- The last three Change in Account Payables figures came in at $42.5 million (Q4 2025), $19.7 million (Q3 2025), and -$24.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | - |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | - |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | - |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | - |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | - |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | -20.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 221.67 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | - |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | 42.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 42.50 Mn |
| Dec 31, 2025 | 42.50 Mn |
| Sep 30, 2025 | 19.70 Mn |
| Sep 30, 2025 | 19.70 Mn |
| Jun 30, 2025 | -24.40 Mn |
| Jun 30, 2025 | -24.40 Mn |
| Mar 31, 2025 | 19.30 Mn |
| Mar 31, 2025 | 19.30 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Sep 30, 2024 | -6.20 Mn |
| Sep 30, 2024 | -6.20 Mn |
| Jun 30, 2024 | -32.70 Mn |
| Jun 30, 2024 | -32.70 Mn |
| Mar 31, 2024 | -20.00 Mn |
| Mar 31, 2024 | -20.00 Mn |
| Dec 31, 2023 | -7.40 Mn |
| Dec 31, 2023 | -7.40 Mn |
| Sep 30, 2023 | -30.40 Mn |
| Sep 30, 2023 | -30.40 Mn |