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 | 89.81 Bn | 87.89 Bn | 1.55 Bn | 968.93 Mn |
| 2 | Ferrovial | 35.40 Bn | 13.65 Bn | - | - |
| 3 | Emcor | 31.21 Bn | 27.60 Bn | 1.02 Bn | 601.60 Mn |
| 4 | Jacobs Solutions | 16.43 Bn | 11.10 Bn | 810.70 Mn | 343.89 Mn |
| 5 | Mastec | 14.65 Bn | 13.43 Bn | 556.28 Mn | 351.08 Mn |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 244.44 Mn |
| 7 | IES Holdings | 9.64 Bn | 8.50 Bn | 340.66 Mn | 195.65 Mn |
| 8 | Stantec | 7.86 Bn | 6.79 Bn | 1.36 Bn | 458.26 Mn |
| 9 | Aecom | 7.59 Bn | 2.71 Bn | -34.04 Mn | -20.06 Mn |
| 10 | Innovate | 78.43 Mn | -180.87 Mn | 79.50 Mn | 39.80 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();