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| Date | Value |
|---|---|
| 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 |