Innovate (VATE) Common Equity (2010 - 2025)

Innovate (VATE) posted quarterly Common Equity of -$240.1 million for Q4 2025, down 33.09% year-over-year from -$358.9 million in Q4 2024, and down 11.21% on a QoQ basis from -$215.9 million in Q3 2025.

Innovate (VATE) Common Equity (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported Common Equity for 16 consecutive years, with -$240.1 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Common Equity fell 33.09% year-over-year to -$240.1 million; the TTM figure through Dec 2025 stood at -$240.1 million (down 33.09% YoY), while the FY2025 annual figure was -$240.1 million, down 33.09% from the prior year.
  • Common Equity came in at -$240.1 million for Q4 2025 at Innovate, down from -$215.9 million in the prior quarter.
  • The five-year high for Common Equity was $511.5 million in Q2 2021, with the low at -$240.1 million in Q4 2025.
  • Average Common Equity over 5 years is -$76.1 million, with a median of -$127.1 million recorded in 2023.
  • Across the five-year window, Common Equity soared 583.47% in 2021 and sank 116.76% in 2022, its largest moves.
  • Year by year, Common Equity stood at -$56.2 million in 2021, then plunged by 61.21% to -$90.6 million in 2022, then slumped by 67.44% to -$151.7 million in 2023, then dropped by 18.92% to -$180.4 million in 2024, then tumbled by 33.09% to -$240.1 million in 2025.
  • According to Business Quant data, Common Equity over the past three periods registered -$240.1 million, -$215.9 million, and -$206.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 2.46 Bn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 9.04 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 3.43 Bn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 1.19 Bn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 3.49 Bn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 3.29 Bn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 1.07 Bn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 2.27 Bn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 686.94 Mn
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn -240.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -240.10 Mn
Sep 30, 2025 -215.90 Mn
Jun 30, 2025 -206.40 Mn
Mar 31, 2025 -184.30 Mn
Dec 31, 2024 -180.40 Mn
Sep 30, 2024 -141.10 Mn
Jun 30, 2024 -126.10 Mn
Mar 31, 2024 -173.20 Mn
Dec 31, 2023 -151.70 Mn
Sep 30, 2023 -135.20 Mn
Jun 30, 2023 -128.10 Mn
Mar 31, 2023 -118.10 Mn
Dec 31, 2022 -90.60 Mn
Sep 30, 2022 -91.50 Mn
Jun 30, 2022 -84.10 Mn
Mar 31, 2022 -69.30 Mn
Dec 31, 2021 -56.20 Mn
Sep 30, 2021 -54.70 Mn
Jun 30, 2021 511.50 Mn
Mar 31, 2021 413.50 Mn