Innovate (VATE) Enterprise Value (2010 - 2025)
Innovate (VATE) recorded quarterly Enterprise Value of -$98.2 million in Q4 2025, down 442.54% quarter-over-quarter from -$18.1 million in Q3 2025, and down 195.78% on a YoY basis from $102.5 million in Q4 2024.
Innovate (VATE) Enterprise Value (2010 - 2025) Analysis & Trends
Innovate's Enterprise Value history runs 16 years deep, the most recent figure standing at -$98.2 million for Q4 2025.
- In Q4 2025, Enterprise Value fell 195.78% year-over-year to -$98.2 million; the TTM figure through Dec 2025 stood at -$98.2 million (down 195.78% YoY), while the FY2025 annual figure was -$98.2 million, down 195.78% from the prior year.
- Enterprise Value was -$98.2 million for Q4 2025 at Innovate, down from -$18.1 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $39.1 million in Q2 2022 to a low of -$98.2 million in Q4 2025.
- Historically, Enterprise Value has averaged -$17.3 million across 5 years, with a median of -$18.0 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Enterprise Value soared 491.94% in 2022, then plunged 9050.0% in 2025.
- A 5-year view of Enterprise Value shows it stood at $20.6 million in 2021, then sank by 195.63% to -$19.7 million in 2022, then tumbled by 231.98% to -$65.4 million in 2023, then surged by 49.24% to -$33.2 million in 2024, then sank by 195.78% to -$98.2 million in 2025.
- The last three Enterprise Value figures came in at -$98.2 million (Q4 2025), -$18.1 million (Q3 2025), and -$16.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | -266.41 Mn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | -1.05 Bn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | -915.38 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | -153.10 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | -506.14 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | -645.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -1.38 Bn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | -258.07 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | -709.17 Mn |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | -98.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -98.20 Mn |
| Sep 30, 2025 | -18.10 Mn |
| Jun 30, 2025 | -16.30 Mn |
| Mar 31, 2025 | -17.90 Mn |
| Dec 31, 2024 | -33.20 Mn |
| Sep 30, 2024 | -35.20 Mn |
| Jun 30, 2024 | -64.30 Mn |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | -65.40 Mn |
| Sep 30, 2023 | -47.40 Mn |
| Jun 30, 2023 | -18.70 Mn |
| Mar 31, 2023 | -4.50 Mn |
| Dec 31, 2022 | -19.70 Mn |
| Sep 30, 2022 | 36.70 Mn |
| Jun 30, 2022 | 39.10 Mn |
| Mar 31, 2022 | 37.80 Mn |
| Dec 31, 2021 | 20.60 Mn |
| Sep 30, 2021 | 6.20 Mn |
| Jun 30, 2021 | -11.90 Mn |
| Mar 31, 2021 | -36.20 Mn |