Innovate (VATE) Gross Margin (2010 - 2025)

Innovate (VATE) has reported Gross Margin for 16 consecutive years, with 15.39% the latest figure, recorded in Q4 2025.

• In Q4 2025, Gross Margin fell 422.0% year-over-year to 15.39%; the TTM figure through Dec 2025 stood at 16.03% (down 283.0% YoY), while the FY2025 annual figure was 16.03%, down 283.0% from the prior year.
• Gross Margin came in at 15.39% for Q4 2025 at Innovate, up from 14.32% in the prior quarter.
• The five-year high for Gross Margin was 20.95% in Q2 2024, with the low at 12.06% in Q1 2022.
• Average Gross Margin over 5 years is 15.9%, with a median of 15.4% recorded in 2024.
• Across the five-year window, Gross Margin tumbled 569 bps in 2022 and soared 669 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 15.63% in 2021, then declined by 2 bps to 15.37% in 2022, then rose by 10 bps to 16.93% in 2023, then increased by 16 bps to 19.61% in 2024, then dropped by 22 bps to 15.39% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 15.39%, 14.32%, and 18.84% for Q4 2025, Q3 2025, and Q2 2025 respectively.