Innovate (VATE) EBT (2010 - 2025)

Innovate's EBT history runs 16 years deep, the most recent figure standing at -$9.3 million for Q4 2025.

• In Q4 2025, EBT rose 37.58% year-over-year to -$9.3 million; the TTM figure through Dec 2025 stood at -$61.5 million (down 84.13% YoY), while the FY2025 annual figure was -$61.5 million, down 84.13% from the prior year.
• EBT was -$9.3 million for Q4 2025 at Innovate, up from -$16.7 million in the prior quarter.
• In the past five years, EBT ranged from a high of $11.4 million in Q2 2024 to a low of -$41.8 million in Q1 2021.
• Historically, EBT has averaged -$12.6 million across 5 years, with a median of -$12.2 million in 2022.
• The sharpest annual moves came in 2024 and 2025: EBT jumped 208.57% in 2024, then slumped 247.37% in 2025.
• A 5-year view of EBT shows it stood at -$3.7 million in 2021, then tumbled by 116.22% to -$8.0 million in 2022, then fell by 16.25% to -$9.3 million in 2023, then sank by 60.22% to -$14.9 million in 2024, then soared by 37.58% to -$9.3 million in 2025.
• The last three EBT figures came in at -$9.3 million (Q4 2025), -$16.7 million (Q3 2025), and -$16.8 million (Q2 2025), per Business Quant data.