Innovate (VATE) Current Deferred Revenue (2010 - 2025)

Innovate (VATE) recorded quarterly Current Deferred Revenue of $171.9 million in Q4 2025, down 2.05% quarter-over-quarter from $175.5 million in Q3 2025, and up 57.56% on a YoY basis from $109.1 million in Q4 2024.

Innovate (VATE) Current Deferred Revenue (2010 - 2025) Analysis & Trends

Innovate's Current Deferred Revenue history runs 13 years deep, the most recent figure standing at $171.9 million for Q4 2025.

  • In Q4 2025, Current Deferred Revenue rose 57.56% year-over-year to $171.9 million; the TTM figure through Dec 2025 stood at $171.9 million (up 57.56% YoY), while the FY2025 annual figure was $171.9 million, up 57.56% from the prior year.
  • Current Deferred Revenue was $171.9 million for Q4 2025 at Innovate, down from $175.5 million in the prior quarter.
  • In the past five years, Current Deferred Revenue ranged from a high of $175.5 million in Q3 2025 to a low of $55.1 million in Q1 2022.
  • Historically, Current Deferred Revenue has averaged $118.3 million across 5 years, with a median of $107.0 million in 2023.
  • The sharpest annual moves came in 2021 and 2024: Current Deferred Revenue jumped 138.25% in 2021, then plunged 47.29% in 2024.
  • A 5-year view of Current Deferred Revenue shows it stood at $79.1 million in 2021, then grew by 24.65% to $98.6 million in 2022, then jumped by 55.68% to $153.5 million in 2023, then dropped by 28.93% to $109.1 million in 2024, then jumped by 57.56% to $171.9 million in 2025.
  • The last three Current Deferred Revenue figures came in at $171.9 million (Q4 2025), $175.5 million (Q3 2025), and $172.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn -
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 171.90 Mn
Sep 30, 2025 175.50 Mn
Jun 30, 2025 172.80 Mn
Mar 31, 2025 95.30 Mn
Dec 31, 2024 109.10 Mn
Sep 30, 2024 85.50 Mn
Jun 30, 2024 72.80 Mn
Mar 31, 2024 125.40 Mn
Dec 31, 2023 153.50 Mn
Sep 30, 2023 162.20 Mn
Jun 30, 2023 117.30 Mn
Mar 31, 2023 104.90 Mn
Dec 31, 2022 98.60 Mn
Sep 30, 2022 95.40 Mn
Jun 30, 2022 93.30 Mn
Mar 31, 2022 55.10 Mn
Dec 31, 2021 79.10 Mn
Sep 30, 2021 161.40 Mn
Dec 31, 2020 33.20 Mn
Dec 31, 2016 43.22 Mn