Innovate VATE
NYSE VATE
$5.72 -0.20 (-3.39%)
As of: Oct 21, 2026 · 1:35 PM EDT

Innovate (VATE) EBIT (2010 - 2026)

Updated

Innovate's EBIT came in at $34.5 million for Q2 2026, up 604.1% from $4.9 million a year earlier.

Analysis

Innovate (VATE) EBIT (2010 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Innovate reported EBIT of $59.8 million, up 258.1% year-over-year; for FY2025, it was $28.7 million, down 28.3% from FY2024.

  • Going back by year, EBIT was $40 million in FY2024 (+50.9%), $26.5 million in FY2023 (+97.8%), $13.4 million in FY2022 and -$10.6 million in FY2021.
  • The Q2 2026 figure represents the highest quarterly EBIT in data going back to Q2 2010.
  • Year-over-year, EBIT increased in four of the last seven quarters, with growth averaging 127.3%.
  • The fastest year-over-year change in EBIT over five years came in Q2 2026 (growth of 604.1%), and the weakest in Q2 2025 (a decline of 83.0%).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Quanta Services 90.62 Bn 88.70 Bn 1.55 Bn 694.83 Mn
2 Ferrovial 36.13 Bn 14.38 Bn - -
3 Emcor 30.86 Bn 27.25 Bn 1.02 Bn 547.34 Mn
4 Jacobs Solutions 16.65 Bn 11.31 Bn 810.70 Mn 286.70 Mn
5 Mastec 13.98 Bn 12.77 Bn 556.28 Mn 226.20 Mn
6 Sterling Infrastructure 12.74 Bn 11.06 Bn 289.96 Mn 219.26 Mn
7 IES Holdings 9.38 Bn 8.24 Bn 340.66 Mn 178.55 Mn
8 Stantec 7.94 Bn 6.87 Bn 1.36 Bn 390.52 Mn
9 Aecom 7.63 Bn 2.75 Bn -34.04 Mn -75.98 Mn
10 Innovate 76.50 Mn -182.80 Mn 79.50 Mn 34.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.50 Mn
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
API Access

Innovate EBIT API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ebit&ticker=VATE&period=max&api_key=YOUR_API_KEY