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
DateValue
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