Innovate (VATE) EBIT (2010 - 2026)
Innovate's EBIT came in at $34.5 million for Q2 2026, up 604.1% from $4.9 million a year earlier.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.81 Bn | 87.89 Bn | 1.55 Bn | 694.83 Mn |
| 2 | Ferrovial | 35.40 Bn | 13.65 Bn | - | - |
| 3 | Emcor | 31.21 Bn | 27.60 Bn | 1.02 Bn | 547.34 Mn |
| 4 | Jacobs Solutions | 16.43 Bn | 11.10 Bn | 810.70 Mn | 286.70 Mn |
| 5 | Mastec | 14.65 Bn | 13.43 Bn | 556.28 Mn | 226.20 Mn |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 219.26 Mn |
| 7 | IES Holdings | 9.64 Bn | 8.50 Bn | 340.66 Mn | 178.55 Mn |
| 8 | Stantec | 7.86 Bn | 6.79 Bn | 1.36 Bn | 390.52 Mn |
| 9 | Aecom | 7.59 Bn | 2.71 Bn | -34.04 Mn | -75.98 Mn |
| 10 | Innovate | 78.43 Mn | -180.87 Mn | 79.50 Mn | 34.50 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();