Cash Flow Statement
Growth Metrics

Innovate (VATE) EBITDA (2016 - 2025)

Innovate has reported EBITDA over the past 16 years, most recently at $20.1 million for Q4 2025.

  • Quarterly results put EBITDA at $20.1 million for Q4 2025, up 136.47% from a year ago — trailing twelve months through Dec 2025 was $51.6 million (down 20.62% YoY), and the annual figure for FY2025 was $51.6 million, down 20.62%.
  • EBITDA for Q4 2025 was $20.1 million at Innovate, up from $11.8 million in the prior quarter.
  • Over the last five years, EBITDA for VATE hit a ceiling of $35.2 million in Q2 2024 and a floor of -$6.2 million in Q1 2021.
  • Median EBITDA over the past 5 years was $11.1 million (2025), compared with a mean of $11.1 million.
  • Biggest five-year swings in EBITDA: skyrocketed 345.83% in 2022 and later crashed 70.45% in 2025.
  • Innovate's EBITDA stood at $14.2 million in 2021, then dropped by 9.86% to $12.8 million in 2022, then soared by 59.38% to $20.4 million in 2023, then tumbled by 58.33% to $8.5 million in 2024, then skyrocketed by 136.47% to $20.1 million in 2025.
  • The last three reported values for EBITDA were $20.1 million (Q4 2025), $11.8 million (Q3 2025), and $10.4 million (Q2 2025) per Business Quant data.