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| Date | Value |
|---|---|
| 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 |