Cash Flow Statement
Growth Metrics

Innovate (VATE) EBIAT (2016 - 2025)

Innovate has reported EBIAT over the past 16 years, most recently at -$4.2 million for Q4 2025.

  • Quarterly results put EBIAT at -$4.2 million for Q4 2025, up 65.57% from a year ago — trailing twelve months through Dec 2025 was -$59.3 million (down 93.16% YoY), and the annual figure for FY2025 was -$60.6 million, down 75.14%.
  • EBIAT for Q4 2025 was -$4.2 million at Innovate, up from -$9.6 million in the prior quarter.
  • Over the last five years, EBIAT for VATE hit a ceiling of $13.9 million in Q2 2024 and a floor of -$40.1 million in Q1 2021.
  • Median EBIAT over the past 5 years was -$12.0 million (2023), compared with a mean of -$11.7 million.
  • Biggest five-year swings in EBIAT: crashed 475.0% in 2023 and later soared 218.8% in 2024.
  • Innovate's EBIAT stood at $3.2 million in 2021, then crashed by 137.5% to -$1.2 million in 2022, then crashed by 475.0% to -$6.9 million in 2023, then tumbled by 76.81% to -$12.2 million in 2024, then surged by 65.57% to -$4.2 million in 2025.
  • The last three reported values for EBIAT were -$4.2 million (Q4 2025), -$9.6 million (Q3 2025), and -$21.0 million (Q2 2025) per Business Quant data.