Innovate VATE
NYSE VATE
$7.17 +0.10 (+1.41%)
At close: Sep 11, 2026 · 4:00 PM EDT

Innovate (VATE) Change in Receivables (2010 - 2025)

Innovate (VATE) posted Change in Receivables of -$24.0 million for Q4 2025, down 204.35% on a QoQ basis from $23.0 million in Q3 2025, and down 1511.76% year-over-year from $1.7 million in Q4 2024.

Analysis

Innovate (VATE) Change in Receivables (2010 - 2025) Analysis & Trends

Innovate has reported Change in Receivables for 16 years, with the latest figure at -$24.0 million in Q4 2025.

  • On a quarterly basis, Change in Receivables fell 1511.76% year-over-year to -$24.0 million in Q4 2025; TTM through Dec 2025 was $48.7 million, a 153.05% increase from a year earlier, with the FY2025 full-year figure at $48.7 million, up 153.05% from the prior year.
  • Change in Receivables was -$24.0 million for Q4 2025 at Innovate, down from $23.0 million in the prior quarter.
  • The five-year high for Change in Receivables was $78.9 million in Q2 2025, with the low at -$93.5 million in Q2 2024.
  • Average Change in Receivables over 5 years is $1.3 million, with a median of -$50000.0 recorded in 2021.
  • The sharpest annual moves came in 2022 and 2025: Change in Receivables soared 3125.0% in 2022, then tumbled 1511.76% in 2025.
  • Over 5 years, Change in Receivables stood at -$40.0 million in 2021, then slumped by 78.75% to -$71.5 million in 2022, then jumped by 83.64% to -$11.7 million in 2023, then soared by 114.53% to $1.7 million in 2024, then sank by 1511.76% to -$24.0 million in 2025.
  • The last three Change in Receivables figures came in at -$24.0 million (Q4 2025), $23.0 million (Q3 2025), and $78.9 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Ferrovial 40.46 Bn 37.11 Bn - -
2 Emcor 34.53 Bn 33.61 Bn 1.02 Bn -
3 Jacobs Solutions 16.62 Bn 15.43 Bn 810.70 Mn 78.92 Mn
4 Sterling Infrastructure 15.68 Bn 15.25 Bn 289.96 Mn -
5 Aecom 8.18 Bn 7.37 Bn -34.04 Mn 121.53 Mn
6 Stantec 7.95 Bn 7.95 Bn 1.36 Bn -
7 Fluor 7.35 Bn 4.40 Bn 179.00 Mn -
8 Argan 5.81 Bn 5.26 Bn 74.22 Mn 47.34 Mn
9 Installed Building Products 5.43 Bn 5.03 Bn 258.90 Mn 43.50 Mn
10 Innovate 97.81 Mn 24.61 Mn 79.50 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -24.00 Mn
Sep 30, 2025 23.00 Mn
Jun 30, 2025 78.90 Mn
Mar 31, 2025 -29.20 Mn
Dec 31, 2024 1.70 Mn
Sep 30, 2024 9.00 Mn
Jun 30, 2024 -93.50 Mn
Mar 31, 2024 -9.00 Mn
Dec 31, 2023 -11.70 Mn
Sep 30, 2023 -900,000.00
Jun 30, 2023 39.90 Mn
Mar 31, 2023 -1.60 Mn
Dec 31, 2022 -71.50 Mn
Sep 30, 2022 55.70 Mn
Jun 30, 2022 -4.50 Mn
Mar 31, 2022 25.80 Mn
Dec 31, 2021 -40.00 Mn
Sep 30, 2021 53.90 Mn
Jun 30, 2021 23.60 Mn
Mar 31, 2021 800,000.00