Innovate (VATE) Change in Account Payables (2010 - 2025)
Innovate's Change in Account Payables came in at $42.5 million for Q4 2025, compared with $1.7 million a year earlier and up 115.7% from the prior quarter.
Powered by 
Analysis
Innovate (VATE) Change in Account Payables (2010 - 2025) Analysis & Trends
For FY2025, Innovate's Change in Account Payables was $57.1 million.
- Change in Account Payables carries a five-year compound annual growth rate of 58.0% (FY2020 to FY2025).
- Going back by year, Change in Account Payables was -$57.2 million in FY2024, -$60.2 million in FY2023, $21.7 million in FY2022 (-62.5%) and $57.9 million in FY2021 (+898.3%).
- The Q4 2025 figure represents the highest quarterly Change in Account Payables since Q3 2017.
- Business Quant data shows VATE's Change in Account Payables at $19.7 million (Q3 2025), -$24.4 million (Q2 2025) and $19.3 million (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.18 Bn | 80.26 Bn | 1.55 Bn | - |
| 2 | Ferrovial | 35.58 Bn | 13.83 Bn | - | - |
| 3 | Emcor | 28.91 Bn | 25.31 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 17.07 Bn | 11.74 Bn | 810.70 Mn | 295.51 Mn |
| 5 | Mastec | 13.28 Bn | 12.06 Bn | 556.28 Mn | - |
| 6 | Sterling Infrastructure | 11.02 Bn | 9.35 Bn | 289.96 Mn | - |
| 7 | IES Holdings | 8.74 Bn | 7.60 Bn | 340.66 Mn | - |
| 8 | Stantec | 8.11 Bn | 7.04 Bn | 1.36 Bn | -140.18 Mn |
| 9 | Aecom | 7.67 Bn | 2.79 Bn | -34.04 Mn | 60.31 Mn |
| 10 | Innovate | 73.09 Mn | -186.21 Mn | 79.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 42.50 Mn |
| Sep 30, 2025 | 19.70 Mn |
| Jun 30, 2025 | -24.40 Mn |
| Mar 31, 2025 | 19.30 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Sep 30, 2024 | -6.20 Mn |
| Jun 30, 2024 | -32.70 Mn |
| Mar 31, 2024 | -20.00 Mn |
| Dec 31, 2023 | -7.40 Mn |
| Sep 30, 2023 | -30.40 Mn |
| Jun 30, 2023 | 13.90 Mn |
| Mar 31, 2023 | -36.30 Mn |
| Dec 31, 2022 | -9.80 Mn |
| Sep 30, 2022 | 29.80 Mn |
| Jun 30, 2022 | -18.50 Mn |
| Mar 31, 2022 | 20.20 Mn |
| Dec 31, 2021 | -7.80 Mn |
| Sep 30, 2021 | 41.10 Mn |
| Jun 30, 2021 | 25.90 Mn |
| Mar 31, 2021 | -1.30 Mn |
API Access
Innovate Change in Account Payables 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=change-in-account-payables&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-account-payables", "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=change-in-account-payables&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();