Innovate (VATE) EBITDA (2010 - 2026)
Innovate (VATE) posted EBITDA of $39.8 million for Q2 2026, up 223.6% from $12.3 million a year earlier.
Innovate (VATE) EBITDA (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at Innovate was $87.6 million, up 81.7% year-over-year; for FY2025, it came in at $59.1 million, down 18.9% from FY2024.
- In prior years, Innovate's EBITDA was $72.9 million in FY2024 (+16.6%), $62.5 million in FY2023 (+12.4%), $55.6 million in FY2022 (+105.9%) and $27 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly EBITDA in data going back to Q2 2010.
- On a year-over-year basis, EBITDA increased in three of the last seven quarters, with growth averaging 26.4%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q2 2026, with growth of 223.6%; the weakest was Q2 2025, with a decline of 66.8%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.02 Bn | 85.39 Bn | 2.01 Bn | 1.34 Bn |
| 2 | Ferrovial | 43.70 Bn | 22.89 Bn | - | - |
| 3 | Emcor | 28.68 Bn | 24.95 Bn | 1.11 Bn | 603.08 Mn |
| 4 | Jacobs Solutions | 18.34 Bn | 13.01 Bn | 810.70 Mn | 343.89 Mn |
| 5 | Mastec | 14.75 Bn | 13.28 Bn | 660.86 Mn | 445.67 Mn |
| 6 | Sterling Infrastructure | 9.21 Bn | 7.62 Bn | 377.28 Mn | 334.96 Mn |
| 7 | Aecom | 9.03 Bn | 4.15 Bn | -34.04 Mn | -20.06 Mn |
| 8 | Stantec | 8.62 Bn | 7.79 Bn | - | - |
| 9 | IES Holdings | 7.17 Bn | 6.03 Bn | 340.66 Mn | 195.65 Mn |
| 10 | Innovate | 75.10 Mn | -291.00 Mn | 79.50 Mn | 50.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.80 Mn |
| Dec 31, 2025 | 27.90 Mn |
| Sep 30, 2025 | 19.40 Mn |
| Jun 30, 2025 | 18.60 Mn |
| Mar 31, 2025 | 16.90 Mn |
| Dec 31, 2024 | 12.70 Mn |
| Sep 30, 2024 | 15.90 Mn |
| Jun 30, 2024 | 39.10 Mn |
| Mar 31, 2024 | 12.90 Mn |
| Dec 31, 2023 | 24.40 Mn |
| Sep 30, 2023 | 20.00 Mn |
| Jun 30, 2023 | 17.20 Mn |
| Mar 31, 2023 | 7.80 Mn |
| Dec 31, 2022 | 17.10 Mn |
| Sep 30, 2022 | 18.30 Mn |
| Jun 30, 2022 | 11.10 Mn |
| Mar 31, 2022 | 12.50 Mn |
| Dec 31, 2021 | 19.60 Mn |
| Sep 30, 2021 | 14.40 Mn |
| Jun 30, 2021 | 800,000.00 |
Innovate EBITDA 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=ebitda&ticker=VATE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();