Innovate (VATE) Change in Inventory (2013 - 2025)
Innovate (VATE) recorded quarterly Change in Inventory of -$2.1 million in Q4 2025, up 19.23% quarter-over-quarter from -$2.6 million in Q3 2025, and down 320.0% on a YoY basis from $954545.5 in Q4 2024.
Innovate (VATE) Change in Inventory (2013 - 2025) Analysis & Trends
Innovate's Change in Inventory history runs 9 years deep, the most recent figure standing at -$2.1 million for Q4 2025.
- In Q4 2025, Change in Inventory fell 320.0% year-over-year to -$2.1 million; the TTM figure through Dec 2025 stood at -$4.8 million (down 152.63% YoY), while the FY2025 annual figure was -$4.8 million, down 152.63% from the prior year.
- Change in Inventory was -$2.1 million for Q4 2025 at Innovate, up from -$2.6 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $3.8 million in Q4 2023 to a low of -$2.6 million in Q3 2025.
- Historically, Change in Inventory has averaged -$100000.0 across 5 years, with a median of -$500000.0 in 2024.
- The sharpest annual moves came in 2023 and 2025: Change in Inventory jumped 311.11% in 2023, then sank 2700.0% in 2025.
- A 5-year view of Change in Inventory shows it stood at -$400000.0 in 2021, then sank by 350.0% to -$1.8 million in 2022, then surged by 311.11% to $3.8 million in 2023, then tumbled by 113.16% to -$500000.0 in 2024, then slumped by 320.0% to -$2.1 million in 2025.
- The last three Change in Inventory figures came in at -$2.1 million (Q4 2025), -$2.6 million (Q3 2025), and $1.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 76.75 Mn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 9.88 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | - |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 4.77 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | - |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 5.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | - |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 30.47 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | -2.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.10 Mn |
| Dec 31, 2025 | -2.10 Mn |
| Sep 30, 2025 | -2.60 Mn |
| Sep 30, 2025 | -2.60 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | -1.10 Mn |
| Mar 31, 2025 | -1.10 Mn |
| Dec 31, 2024 | -500,000.00 |
| Dec 31, 2024 | -500,000.00 |
| Sep 30, 2024 | 100,000.00 |
| Sep 30, 2024 | 100,000.00 |
| Jun 30, 2024 | -900,000.00 |
| Jun 30, 2024 | -900,000.00 |
| Mar 31, 2024 | -600,000.00 |
| Mar 31, 2024 | -600,000.00 |
| Dec 31, 2023 | 3.80 Mn |
| Dec 31, 2023 | 3.80 Mn |
| Sep 30, 2023 | -2.10 Mn |
| Sep 30, 2023 | -2.10 Mn |