Innovate (VATE) Common Equity (2010 - 2025)

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

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

Innovate's Common Equity history runs 16 years deep, the most recent figure standing at -$240.1 million for 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 was -$240.1 million for Q4 2025 at Innovate, down from -$215.9 million in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $511.5 million in Q2 2021 to a low of -$240.1 million in Q4 2025.
  • Historically, Common Equity has averaged -$76.1 million across 5 years, with a median of -$127.1 million in 2023.
  • The sharpest annual moves came in 2021 and 2022: Common Equity soared 583.47% in 2021, then plunged 116.76% in 2022.
  • A 5-year view of Common Equity shows it stood at -$56.2 million in 2021, then tumbled by 61.21% to -$90.6 million in 2022, then sank by 67.44% to -$151.7 million in 2023, then retreated by 18.92% to -$180.4 million in 2024, then slumped by 33.09% to -$240.1 million in 2025.
  • The last three Common Equity figures came in at -$240.1 million (Q4 2025), -$215.9 million (Q3 2025), and -$206.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 9.04 Bn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 2.82 Bn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 3.87 Bn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 3.43 Bn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 1.19 Bn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 3.49 Bn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 3.29 Bn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 1.07 Bn
9 Dycom Industries 13.61 Bn 12.90 Bn - 1.86 Bn
10 Innovate 231.31 Mn 133.11 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