Innovate (VATE) Cost of Revenue (2010 - 2026)

Innovate has reported Cost of Revenue for 17 years, with the latest figure at $342.1 million in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 74.19% year-over-year to $342.1 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 43.3% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 16.48% from the prior year.
• Cost of Revenue was $342.1 million for Q2 2026 at Innovate, up from $323.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $364.6 million in Q3 2022, with the low at $190.2 million in Q4 2024.
• Average Cost of Revenue over 5 years is $288.8 million, with a median of $299.9 million recorded in 2023.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 156.9% in 2022, then sank 38.72% in 2024.
• Over 5 years, Cost of Revenue stood at $346.4 million in 2022, then slipped by 13.42% to $299.9 million in 2023, then tumbled by 36.58% to $190.2 million in 2024, then soared by 70.24% to $323.8 million in 2025, then grew by 5.65% to $342.1 million in 2026.
• The last three Cost of Revenue figures came in at $342.1 million (Q2 2026), $323.8 million (Q4 2025), and $297.4 million (Q3 2025), per Business Quant data.