Innovate (VATE) Goodwill (2010 - 2025)

Innovate (VATE) recorded quarterly Goodwill of $127.0 million in Q4 2025, little changed quarter-over-quarter from $126.9 million in Q3 2025, and little changed on a YoY basis from $126.7 million in Q4 2024.

Innovate (VATE) Goodwill (2010 - 2025) Analysis & Trends

Innovate's Goodwill history runs 16 years deep, the most recent figure standing at $127.0 million for Q4 2025.

  • In Q4 2025, Goodwill changed 0.24% year-over-year to $127.0 million; the TTM figure through Dec 2025 stood at $127.0 million (changed 0.24% YoY), while the FY2025 annual figure was $127.0 million, changed 0.24% from the prior year.
  • Goodwill was $127.0 million for Q4 2025 at Innovate, roughly flat from $126.9 million in the prior quarter.
  • In the past five years, Goodwill ranged from a high of $127.5 million in Q1 2022 to a low of $110.9 million in Q1 2021.
  • Historically, Goodwill has averaged $125.7 million across 5 years, with a median of $127.0 million in 2023.
  • The sharpest annual moves came in 2021 and 2022: Goodwill dropped 0.98% in 2021, then climbed 14.97% in 2022.
  • A 5-year view of Goodwill shows it stood at $127.4 million in 2021, then decreased by 0.24% to $127.1 million in 2022, then changed by 0.0% to $127.1 million in 2023, then retreated by 0.31% to $126.7 million in 2024, then climbed by 0.24% to $127.0 million in 2025.
  • The last three Goodwill figures came in at $127.0 million (Q4 2025), $126.9 million (Q3 2025), and $126.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn -
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 127.00 Mn
Sep 30, 2025 126.90 Mn
Jun 30, 2025 126.90 Mn
Mar 31, 2025 126.70 Mn
Dec 31, 2024 126.70 Mn
Sep 30, 2024 127.10 Mn
Jun 30, 2024 127.00 Mn
Mar 31, 2024 126.90 Mn
Dec 31, 2023 127.10 Mn
Sep 30, 2023 126.80 Mn
Jun 30, 2023 127.00 Mn
Mar 31, 2023 127.00 Mn
Dec 31, 2022 127.10 Mn
Sep 30, 2022 126.80 Mn
Jun 30, 2022 127.10 Mn
Mar 31, 2022 127.50 Mn
Dec 31, 2021 127.40 Mn
Sep 30, 2021 122.80 Mn
Jun 30, 2021 121.10 Mn
Mar 31, 2021 110.90 Mn