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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |