Innovate (VATE) Gross Margin (2010 - 2026)
Innovate (VATE) reported Gross Margin of 18.86% for Q2 2026, up 0.01 percentage points from 18.84% a year earlier.
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Analysis
Innovate (VATE) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Innovate's Gross Margin came in at 16.77%, down 1.89 percentage points year-over-year; for FY2025, it came in at 16.03%, down 2.83 percentage points from FY2024.
- Gross Margin has a five-year change of -1.88 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 18.86% in FY2024 (+3.68 pp), 15.18% in FY2023 (+1.66 pp), 13.52% in FY2022 (-1.72 pp) and 15.24% in FY2021 (-2.67 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin since Q4 2024.
- Year over year, Gross Margin gained in four of the last seven quarters, with an average year-over-year change of -0.54 percentage points.
- The high point for year-over-year Gross Margin in five years was Q2 2024 (a gain of 6.69 percentage points); the low point was Q1 2022 (a drop of 5.69 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 91.41 Bn | 89.49 Bn | 1.55 Bn | 16.17% |
| 2 | Ferrovial | 36.02 Bn | 14.27 Bn | - | - |
| 3 | Emcor | 31.11 Bn | 27.50 Bn | 1.02 Bn | 19.83% |
| 4 | Jacobs Solutions | 16.55 Bn | 11.22 Bn | 810.70 Mn | 19.89% |
| 5 | Mastec | 14.43 Bn | 13.21 Bn | 556.28 Mn | 12.72% |
| 6 | Sterling Infrastructure | 12.75 Bn | 11.07 Bn | 289.96 Mn | 24.82% |
| 7 | IES Holdings | 9.42 Bn | 8.28 Bn | 340.66 Mn | 27.41% |
| 8 | Stantec | 7.97 Bn | 6.90 Bn | 1.36 Bn | 43.88% |
| 9 | Aecom | 7.69 Bn | 2.81 Bn | -34.04 Mn | -0.95% |
| 10 | Innovate | 76.30 Mn | -183.00 Mn | 79.50 Mn | 18.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.86% |
| Dec 31, 2025 | 15.39% |
| Sep 30, 2025 | 14.32% |
| Jun 30, 2025 | 18.84% |
| Mar 31, 2025 | 16.59% |
| Dec 31, 2024 | 19.61% |
| Sep 30, 2024 | 19.90% |
| Jun 30, 2024 | 20.95% |
| Mar 31, 2024 | 15.42% |
| Dec 31, 2023 | 16.93% |
| Sep 30, 2023 | 15.64% |
| Jun 30, 2023 | 14.26% |
| Mar 31, 2023 | 13.72% |
| Dec 31, 2022 | 15.37% |
| Sep 30, 2022 | 13.81% |
| Jun 30, 2022 | 12.83% |
| Mar 31, 2022 | 12.06% |
| Dec 31, 2021 | 15.63% |
| Sep 30, 2021 | 13.96% |
| Jun 30, 2021 | 14.93% |
API Access
Innovate Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();