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% quarter-over-quarter from $6.1 million in Q3 2025.
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 for Q4 2025 stood at $14.3 million, 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.
- The 5-year median for EBIT is $5.4 million (2023), against an average of $4.9 million.
- Peak annual rise in EBIT reached 1550.0% in 2023, while the deepest fall reached 671.43% in 2023.
- Innovate's EBIT stood at $6.9 million in 2021, then fell by 5.8% to $6.5 million in 2022, then soared by 115.38% to $14.0 million in 2023, then sank by 82.14% to $2.5 million in 2024, then surged by 472.0% to $14.3 million in 2025.
- Business Quant data shows VATE's EBIT at $14.3 million in Q4 2025, $6.1 million in Q3 2025, and $4.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 694.83 Mn |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 557.97 Mn |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 547.34 Mn |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 226.20 Mn |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 137.81 Mn |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 175.00 Mn |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | -81.18 Mn |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 112.26 Mn |
| 10 | Innovate | 113.32 Mn | 12.12 Mn | 58.90 Mn | 14.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |