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
DateValue
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