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
DateValue
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