Innovate (VATE) Goodwill & Intangibles (2010 - 2025)
Innovate (VATE) recorded quarterly Goodwill & Intangibles of $292.2 million in Q4 2025, down 0.58% quarter-over-quarter from $293.9 million in Q3 2025, and down 2.31% on a YoY basis from $299.1 million in Q4 2024.
Innovate (VATE) Goodwill & Intangibles (2010 - 2025) Analysis & Trends
Innovate's Goodwill & Intangibles history runs 16 years deep, the most recent figure standing at $292.2 million for Q4 2025.
- In Q4 2025, Goodwill & Intangibles fell 2.31% year-over-year to $292.2 million; the TTM figure through Dec 2025 stood at $292.2 million (down 2.31% YoY), while the FY2025 annual figure was $292.2 million, down 2.31% from the prior year.
- Goodwill & Intangibles was $292.2 million for Q4 2025 at Innovate, down from $293.9 million in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $343.1 million in Q2 2021 to a low of $278.0 million in Q1 2021.
- Historically, Goodwill & Intangibles has averaged $310.4 million across 5 years, with a median of $306.8 million in 2023.
- The sharpest annual moves came in 2021 and 2022: Goodwill & Intangibles slipped 16.29% in 2021, then climbed 19.32% in 2022.
- A 5-year view of Goodwill & Intangibles shows it stood at $335.8 million in 2021, then dropped by 5.54% to $317.2 million in 2022, then dropped by 3.53% to $306.0 million in 2023, then dropped by 2.25% to $299.1 million in 2024, then dropped by 2.31% to $292.2 million in 2025.
- The last three Goodwill & Intangibles figures came in at $292.2 million (Q4 2025), $293.9 million (Q3 2025), and $295.5 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 | 292.20 Mn |
| Sep 30, 2025 | 293.90 Mn |
| Jun 30, 2025 | 295.50 Mn |
| Mar 31, 2025 | 297.10 Mn |
| Dec 31, 2024 | 299.10 Mn |
| Sep 30, 2024 | 300.50 Mn |
| Jun 30, 2024 | 302.10 Mn |
| Mar 31, 2024 | 304.00 Mn |
| Dec 31, 2023 | 306.00 Mn |
| Sep 30, 2023 | 307.60 Mn |
| Jun 30, 2023 | 309.60 Mn |
| Mar 31, 2023 | 313.10 Mn |
| Dec 31, 2022 | 317.20 Mn |
| Sep 30, 2022 | 321.10 Mn |
| Jun 30, 2022 | 325.50 Mn |
| Mar 31, 2022 | 331.70 Mn |
| Dec 31, 2021 | 335.80 Mn |
| Sep 30, 2021 | 335.90 Mn |
| Jun 30, 2021 | 343.10 Mn |
| Mar 31, 2021 | 278.00 Mn |