Cash Flow Statement
Growth Metrics

Innovate (VATE) EBITDA Margin (2016 - 2025)

Innovate has reported EBITDA Margin over the past 16 years, most recently at 5.25% for Q4 2025.

  • Quarterly results put EBITDA Margin at 5.25% for Q4 2025, up 166.0% from a year ago — trailing twelve months through Dec 2025 was 4.14% (down 173.0% YoY), and the annual figure for FY2025 was 4.14%, down 173.0%.
  • EBITDA Margin for Q4 2025 was 5.25% at Innovate, up from 3.4% in the prior quarter.
  • Over the last five years, EBITDA Margin for VATE hit a ceiling of 11.24% in Q2 2024 and a floor of 3.61% in Q1 2021.
  • Median EBITDA Margin over the past 5 years was 3.32% (2023), compared with a mean of 3.2%.
  • Biggest five-year swings in EBITDA Margin: skyrocketed 859bps in 2021 and later crashed -694bps in 2025.
  • Innovate's EBITDA Margin stood at 3.6% in 2021, then fell by -13bps to 3.13% in 2022, then soared by 81bps to 5.65% in 2023, then plummeted by -36bps to 3.59% in 2024, then surged by 46bps to 5.25% in 2025.
  • The last three reported values for EBITDA Margin were 5.25% (Q4 2025), 3.4% (Q3 2025), and 4.3% (Q2 2025) per Business Quant data.