Innovate (VATE) Deferred Taxes (2010 - 2025)
Innovate (VATE) recorded quarterly Deferred Taxes of -$200000.0 in Q3 2025, down 300.0% quarter-over-quarter from $100000.0 in Q1 2025.
Innovate (VATE) Deferred Taxes (2010 - 2025) Analysis & Trends
Innovate's Deferred Taxes history runs 16 years deep, the most recent figure standing at -$200000.0 for Q3 2025.
- In Q3 2025, Deferred Taxes changed N/A year-over-year to -$200000.0; the TTM figure through Dec 2025 stood at -$100000.0 (down 120.0% YoY), while the FY2025 annual figure was -$100000.0, down 120.0% from the prior year.
- Deferred Taxes was -$200000.0 for Q3 2025 at Innovate, down from $100000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $5.5 million in Q2 2023 to a low of -$5.4 million in Q1 2023.
- Historically, Deferred Taxes has averaged $568750.0 across 5 years, with a median of $350000.0 in 2022.
- Biggest YoY gain for Deferred Taxes was 1275.0% in 2023; the steepest drop was 1450.0% in 2023.
- A 5-year view of Deferred Taxes shows it stood at $900000.0 in 2021, then slumped by 111.11% to -$100000.0 in 2022, then jumped by 5600.0% to $5.5 million in 2023, then plunged by 94.55% to $300000.0 in 2024, then sank by 166.67% to -$200000.0 in 2025.
- The last three Deferred Taxes figures came in at -$200000.0 (Q3 2025), $100000.0 (Q1 2025), and $300000.0 (Q4 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (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 | 956,000.00 |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | -6.95 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | -1.45 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 1.91 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | - |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -45.37 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 6.43 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 |
|---|---|
| Sep 30, 2025 | -200,000.00 |
| Mar 31, 2025 | 100,000.00 |
| Dec 31, 2024 | 300,000.00 |
| Jun 30, 2024 | 100,000.00 |
| Mar 31, 2024 | 100,000.00 |
| Sep 30, 2023 | 5.50 Mn |
| Jun 30, 2023 | 5.50 Mn |
| Mar 31, 2023 | -5.40 Mn |
| Dec 31, 2022 | -100,000.00 |
| Sep 30, 2022 | 400,000.00 |
| Jun 30, 2022 | 400,000.00 |
| Mar 31, 2022 | 400,000.00 |
| Dec 31, 2021 | 900,000.00 |
| Sep 30, 2021 | -200,000.00 |
| Jun 30, 2021 | 700,000.00 |
| Mar 31, 2021 | 600,000.00 |
| Dec 31, 2020 | -1.40 Mn |
| Sep 30, 2020 | -3.30 Mn |
| Jun 30, 2020 | 9.00 Mn |
| Mar 31, 2020 | -9.00 Mn |