Innovate (VATE) EBIT (2010 - 2025)

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

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

Innovate's EBIT history runs 16 years deep, the most recent figure standing at $14.3 million for 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 was $14.3 million for Q4 2025 at Innovate, up from $6.1 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $28.8 million in Q2 2024 to a low of -$10.9 million in Q1 2021.
  • Historically, EBIT has averaged $4.9 million across 5 years, with a median of $5.4 million in 2023.
  • Biggest YoY gain for EBIT was 1550.0% in 2023; the steepest drop was 671.43% in 2023.
  • A 5-year view of EBIT shows it stood at $6.9 million in 2021, then retreated by 5.8% to $6.5 million in 2022, then jumped by 115.38% to $14.0 million in 2023, then slumped by 82.14% to $2.5 million in 2024, then soared by 472.0% to $14.3 million in 2025.
  • The last three EBIT figures came in at $14.3 million (Q4 2025), $6.1 million (Q3 2025), and $4.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 338.78 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 485.72 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 403.85 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 141.80 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 137.81 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 103.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -81.18 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 112.26 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Innovate 231.31 Mn 133.11 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