Innovate VATE
NYSE VATE
$7.17 +0.10 (+1.41%)
At close: Sep 11, 2026 · 4:00 PM EDT

Innovate (VATE) EBITDA (2010 - 2026)

Innovate (VATE) posted EBITDA of $39.8 million for Q2 2026, up 98.01% on a QoQ basis from $20.1 million in Q4 2025, and up 282.69% year-over-year from $10.4 million in Q2 2025.

Analysis

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

Innovate has reported EBITDA for 17 years, with the latest figure at $39.8 million in Q2 2026.

  • On a quarterly basis, EBITDA rose 282.69% year-over-year to $39.8 million in Q2 2026; TTM through Jun 2026 was $82.1 million, a 104.23% increase from a year earlier, with the FY2025 full-year figure at $51.6 million, down 20.62% from the prior year.
  • EBITDA was $39.8 million for Q2 2026 at Innovate, up from $20.1 million in the prior quarter.
  • The five-year high for EBITDA was $39.8 million in Q2 2026, with the low at $2.3 million in Q1 2023.
  • Average EBITDA over 5 years is $14.5 million, with a median of $12.0 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: EBITDA soared 345.83% in 2022, then tumbled 70.45% in 2025.
  • Over 5 years, EBITDA stood at $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 jumped by 136.47% to $20.1 million in 2025, then surged by 98.01% to $39.8 million in 2026.
  • The last three EBITDA figures came in at $39.8 million (Q2 2026), $20.1 million (Q4 2025), and $11.8 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Ferrovial 40.46 Bn 37.11 Bn - -
2 Emcor 34.53 Bn 33.61 Bn 1.02 Bn 547.34 Mn
3 Jacobs Solutions 16.62 Bn 15.43 Bn 810.70 Mn 286.70 Mn
4 Sterling Infrastructure 15.68 Bn 15.25 Bn 289.96 Mn 219.26 Mn
5 Aecom 8.18 Bn 7.37 Bn -34.04 Mn -75.98 Mn
6 Stantec 7.95 Bn 7.95 Bn 1.36 Bn 425.30 Mn
7 Fluor 7.35 Bn 4.40 Bn 179.00 Mn 135.00 Mn
8 Argan 5.81 Bn 5.26 Bn 74.22 Mn 56.81 Mn
9 Installed Building Products 5.43 Bn 5.03 Bn 258.90 Mn 94.60 Mn
10 Innovate 97.81 Mn 24.61 Mn 79.50 Mn 39.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 39.80 Mn
Dec 31, 2025 20.10 Mn
Sep 30, 2025 11.80 Mn
Jun 30, 2025 10.40 Mn
Mar 31, 2025 9.30 Mn
Dec 31, 2024 8.50 Mn
Sep 30, 2024 12.00 Mn
Jun 30, 2024 35.20 Mn
Mar 31, 2024 9.30 Mn
Dec 31, 2023 20.40 Mn
Sep 30, 2023 16.80 Mn
Jun 30, 2023 12.00 Mn
Mar 31, 2023 2.30 Mn
Dec 31, 2022 12.80 Mn
Sep 30, 2022 13.20 Mn
Jun 30, 2022 5.90 Mn
Mar 31, 2022 7.10 Mn
Dec 31, 2021 14.20 Mn
Sep 30, 2021 8.90 Mn
Jun 30, 2021 -2.40 Mn