Innovate (VATE) Change in Accured Expenses (2010 - 2025)
Innovate's Change in Accured Expenses was $15.3 million in Q4 2025, down 0.6% from $15.4 million a year earlier but up 17.7% from the prior quarter.
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Analysis
Innovate (VATE) Change in Accured Expenses (2010 - 2025) Analysis & Trends
For FY2025, Change in Accured Expenses at Innovate came in at $37.6 million, up 208.2% from FY2024.
- In earlier years, Change in Accured Expenses was $12.2 million in FY2024 (+23.2%), $9.9 million in FY2023, -$12.7 million in FY2022 and $8.5 million in FY2021.
- Quarterly Change in Accured Expenses has moved between -$20.6 million (Q1 2024) and $23.4 million (Q2 2021) over five years.
- Compared with a year earlier, Change in Accured Expenses was higher in two of the last five quarters, with growth averaging 67.8%.
- The best year-over-year quarter for Change in Accured Expenses over five years was Q2 2021 (growth of 654.8%); the worst was Q1 2021 (a decline of 78.7%).
- Per Business Quant data, VATE's Change in Accured Expenses in the three quarters before Q4 2025 was $13 million (Q3 2025), $20.2 million (Q2 2025) and -$10.9 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accured Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 83.22 Bn | 81.30 Bn | 1.55 Bn | 762.98 Mn |
| 2 | Ferrovial | 35.70 Bn | 13.95 Bn | - | - |
| 3 | Emcor | 28.98 Bn | 25.38 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 17.25 Bn | 11.92 Bn | 810.70 Mn | -74.92 Mn |
| 5 | Mastec | 13.37 Bn | 12.16 Bn | 556.28 Mn | 143.25 Mn |
| 6 | Sterling Infrastructure | 11.05 Bn | 9.38 Bn | 289.96 Mn | - |
| 7 | IES Holdings | 8.68 Bn | 7.54 Bn | 340.66 Mn | 72.13 Mn |
| 8 | Stantec | 8.14 Bn | 7.06 Bn | 1.36 Bn | - |
| 9 | Aecom | 7.82 Bn | 2.94 Bn | -34.04 Mn | 34.76 Mn |
| 10 | Innovate | 73.43 Mn | -185.87 Mn | 79.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 15.30 Mn |
| Sep 30, 2025 | 13.00 Mn |
| Jun 30, 2025 | 20.20 Mn |
| Mar 31, 2025 | -10.90 Mn |
| Dec 31, 2024 | 15.40 Mn |
| Sep 30, 2024 | 2.60 Mn |
| Jun 30, 2024 | 14.80 Mn |
| Mar 31, 2024 | -20.60 Mn |
| Dec 31, 2023 | -500,000.00 |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 22.40 Mn |
| Mar 31, 2023 | -19.00 Mn |
| Dec 31, 2022 | -7.10 Mn |
| Sep 30, 2022 | -5.90 Mn |
| Jun 30, 2022 | 7.50 Mn |
| Mar 31, 2022 | -7.20 Mn |
| Dec 31, 2021 | 1.80 Mn |
| Sep 30, 2021 | -18.60 Mn |
| Jun 30, 2021 | 23.40 Mn |
| Mar 31, 2021 | 1.90 Mn |
API Access
Innovate Change in Accured Expenses 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-accured-expenses&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "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-accured-expenses&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();