Innovate VATE
NYSE VATE
$7.86 -0.15 (-1.87%)
At close: Aug 21, 2026 · 4:00 PM EDT

Innovate (VATE) EBT (2010 - 2026)

Innovate (VATE) posted quarterly EBT of -$9.3 million for Q4 2025, up 37.58% year-over-year from -$6.8 million in Q4 2024, and up 44.31% quarter-over-quarter from -$16.7 million in Q3 2025.

Innovate (VATE) EBT (2010 - 2026) Analysis & Trends

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 for Q4 2025 stood at -$9.3 million, up from -$16.7 million in the prior quarter.
  • The five-year high for EBT was $11.4 million in Q2 2024, with the low at -$41.8 million in Q1 2021.
  • The 5-year median for EBT is -$12.2 million (2022), against an average of -$12.6 million.
  • The sharpest annual moves came in 2024 and 2025: EBT soared 208.57% in 2024, then sank 247.37% in 2025.
  • Innovate's EBT stood at -$3.7 million in 2021, then slumped by 116.22% to -$8.0 million in 2022, then declined by 16.25% to -$9.3 million in 2023, then plunged by 60.22% to -$14.9 million in 2024, then surged by 37.58% to -$9.3 million in 2025.
  • Business Quant data shows VATE's EBT at -$9.3 million in Q4 2025, -$16.7 million in Q3 2025, and -$16.8 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Quanta Services 96.39 Bn 95.88 Bn 1.55 Bn 617.16 Mn
2 Comfort Systems Usa 58.32 Bn 56.46 Bn 844.23 Mn 566.24 Mn
3 Ferrovial 45.15 Bn 40.18 Bn - -
4 Emcor 34.54 Bn 33.61 Bn 1.02 Bn 551.66 Mn
5 IES Holdings 27.27 Bn 26.88 Bn 340.66 Mn 204.84 Mn
6 Mastec 20.83 Bn 20.51 Bn 556.28 Mn 193.73 Mn
7 APi 17.90 Bn 17.04 Bn 703.00 Mn 138.00 Mn
8 Jacobs Solutions 17.64 Bn 16.47 Bn 810.70 Mn 241.25 Mn
9 Sterling Infrastructure 15.87 Bn 15.41 Bn 289.96 Mn 219.97 Mn
10 Innovate 105.53 Mn 17.73 Mn 79.50 Mn 25.50 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 25.50 Mn
Dec 31, 2025 -9.30 Mn
Sep 30, 2025 -16.70 Mn
Jun 30, 2025 -16.80 Mn
Mar 31, 2025 -18.70 Mn
Dec 31, 2024 -14.90 Mn
Sep 30, 2024 -13.10 Mn
Jun 30, 2024 11.40 Mn
Mar 31, 2024 -16.80 Mn
Dec 31, 2023 -9.30 Mn
Sep 30, 2023 -7.50 Mn
Jun 30, 2023 -10.50 Mn
Mar 31, 2023 -7.10 Mn
Dec 31, 2022 -8.00 Mn
Sep 30, 2022 -8.70 Mn
Jun 30, 2022 -11.90 Mn
Mar 31, 2022 -12.50 Mn
Dec 31, 2021 -3.70 Mn
Sep 30, 2021 -14.10 Mn
Jun 30, 2021 -21.10 Mn