Innovate (VATE) Change in Cash (2010 - 2025)
Innovate's Change in Cash came in at $76.6 million for Q4 2025, compared with -$3.2 million a year earlier.
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Analysis
Innovate (VATE) Change in Cash (2010 - 2025) Analysis & Trends
For FY2025, Innovate's Change in Cash was $63.4 million.
- Change in Cash carries a five-year compound annual growth rate of 25.2% (FY2020 to FY2025).
- Going back by year, Change in Cash was -$33 million in FY2024, $100,000 in FY2023 (-99.7%), $34.7 million in FY2022 and -$193.2 million in FY2021.
- The Q4 2025 figure represents the highest quarterly Change in Cash since Q3 2018.
- Business Quant data shows VATE's Change in Cash at $2.1 million (Q3 2025), $100,000 (Q2 2025) and -$15.4 million (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.18 Bn | 80.26 Bn | 1.55 Bn | 142.23 Mn |
| 2 | Ferrovial | 35.58 Bn | 13.83 Bn | - | - |
| 3 | Emcor | 28.91 Bn | 25.31 Bn | 1.02 Bn | 7.99 Mn |
| 4 | Jacobs Solutions | 17.07 Bn | 11.74 Bn | 810.70 Mn | -299.44 Mn |
| 5 | Mastec | 13.28 Bn | 12.06 Bn | 556.28 Mn | 41.97 Mn |
| 6 | Sterling Infrastructure | 11.02 Bn | 9.35 Bn | 289.96 Mn | -47.41 Mn |
| 7 | IES Holdings | 8.74 Bn | 7.60 Bn | 340.66 Mn | 27.75 Mn |
| 8 | Stantec | 8.11 Bn | 7.04 Bn | 1.36 Bn | -24.43 Mn |
| 9 | Aecom | 7.67 Bn | 2.79 Bn | -34.04 Mn | -21.33 Mn |
| 10 | Innovate | 73.09 Mn | -186.21 Mn | 79.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 76.60 Mn |
| Sep 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 100,000.00 |
| Mar 31, 2025 | -15.40 Mn |
| Dec 31, 2024 | -3.20 Mn |
| Sep 30, 2024 | -29.20 Mn |
| Jun 30, 2024 | 41.80 Mn |
| Mar 31, 2024 | -42.40 Mn |
| Dec 31, 2023 | 25.20 Mn |
| Sep 30, 2023 | 26.90 Mn |
| Jun 30, 2023 | 12.20 Mn |
| Mar 31, 2023 | -64.20 Mn |
| Dec 31, 2022 | 54.50 Mn |
| Sep 30, 2022 | 1.00 Mn |
| Jun 30, 2022 | -1.70 Mn |
| Mar 31, 2022 | -19.10 Mn |
| Dec 31, 2021 | -16.60 Mn |
| Sep 30, 2021 | -210.30 Mn |
| Jun 30, 2021 | 4.50 Mn |
| Mar 31, 2021 | 29.20 Mn |
API Access
Innovate Change in Cash 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-cash&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "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-cash&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();