Innovate (VATE) EBIT (2010 - 2025)

Innovate (VATE) posted quarterly EBIT of $14.3 million for Q4 2025, up 472.0% year-over-year from $2.5 million in Q4 2024, and up 134.43% on a QoQ basis from $6.1 million in Q3 2025.

Innovate (VATE) EBIT (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported EBIT for 16 consecutive years, with $14.3 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, EBIT rose 472.0% year-over-year to $14.3 million; the TTM figure through Dec 2025 stood at $28.7 million (down 28.25% YoY), while the FY2025 annual figure was $28.7 million, down 28.25% from the prior year.
  • EBIT came in at $14.3 million for Q4 2025 at Innovate, up from $6.1 million in the prior quarter.
  • The five-year high for EBIT was $28.8 million in Q2 2024, with the low at -$10.9 million in Q1 2021.
  • Average EBIT over 5 years is $4.9 million, with a median of $5.4 million recorded in 2023.
  • The largest YoY upside for EBIT was 1550.0% in 2023 against a maximum downside of 671.43% in 2023.
  • Year by year, EBIT stood at $6.9 million in 2021, then dropped by 5.8% to $6.5 million in 2022, then jumped by 115.38% to $14.0 million in 2023, then tumbled by 82.14% to $2.5 million in 2024, then soared by 472.0% to $14.3 million in 2025.
  • According to Business Quant data, EBIT over the past three periods registered $14.3 million, $6.1 million, and $4.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 248.10 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 338.78 Mn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 141.80 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 137.81 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 103.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -81.18 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 112.26 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 247.76 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 77.68 Mn
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn 14.30 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 14.30 Mn
Sep 30, 2025 6.10 Mn
Jun 30, 2025 4.90 Mn
Mar 31, 2025 3.40 Mn
Dec 31, 2024 2.50 Mn
Sep 30, 2024 5.90 Mn
Jun 30, 2024 28.80 Mn
Mar 31, 2024 2.80 Mn
Dec 31, 2023 14.00 Mn
Sep 30, 2023 10.70 Mn
Jun 30, 2023 5.80 Mn
Mar 31, 2023 -4.00 Mn
Dec 31, 2022 6.50 Mn
Sep 30, 2022 6.60 Mn
Jun 30, 2022 -400,000.00
Mar 31, 2022 700,000.00
Dec 31, 2021 6.90 Mn
Sep 30, 2021 1.10 Mn
Jun 30, 2021 -7.70 Mn
Mar 31, 2021 -10.90 Mn