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
DateValue
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