Innovate (VATE) Change in Receivables (2010 - 2025)
Innovate (VATE) posted quarterly Change in Receivables of -$24.0 million for Q4 2025, down 1511.76% year-over-year from $1.7 million in Q4 2024, and down 204.35% on a QoQ basis from $23.0 million in Q3 2025.
Innovate (VATE) Change in Receivables (2010 - 2025) Analysis & Trends
Innovate (VATE) has reported Change in Receivables for 16 consecutive years, with -$24.0 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Change in Receivables fell 1511.76% year-over-year to -$24.0 million; the TTM figure through Dec 2025 stood at $48.7 million (up 153.05% YoY), while the FY2025 annual figure was $48.7 million, up 153.05% from the prior year.
- Change in Receivables came in at -$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.
- Across the five-year window, Change in Receivables surged 3125.0% in 2022 and sank 1511.76% in 2025, its largest moves.
- Year by year, Change in Receivables stood at -$40.0 million in 2021, then plunged by 78.75% to -$71.5 million in 2022, then soared by 83.64% to -$11.7 million in 2023, then surged by 114.53% to $1.7 million in 2024, then tumbled by 1511.76% to -$24.0 million in 2025.
- According to Business Quant data, Change in Receivables over the past three periods registered -$24.0 million, $23.0 million, and $78.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | -33.20 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 745.88 Mn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | -4.81 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | - |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | -31.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 668.70 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 109.95 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | - |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 11.71 Mn |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 58.90 Mn | -24.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -24.00 Mn |
| Dec 31, 2025 | -24.00 Mn |
| Sep 30, 2025 | 23.00 Mn |
| Sep 30, 2025 | 23.00 Mn |
| Jun 30, 2025 | 78.90 Mn |
| Jun 30, 2025 | 78.90 Mn |
| Mar 31, 2025 | -29.20 Mn |
| Mar 31, 2025 | -29.20 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Dec 31, 2024 | 1.70 Mn |
| Sep 30, 2024 | 9.00 Mn |
| Sep 30, 2024 | 9.00 Mn |
| Jun 30, 2024 | -93.50 Mn |
| Jun 30, 2024 | -93.50 Mn |
| Mar 31, 2024 | -9.00 Mn |
| Mar 31, 2024 | -9.00 Mn |
| Dec 31, 2023 | -11.70 Mn |
| Dec 31, 2023 | -11.70 Mn |
| Sep 30, 2023 | -900,000.00 |
| Sep 30, 2023 | -900,000.00 |