Growth Metrics

Innovate (VATE) Gross Margin (2016 - 2025)

Innovate (VATE) has 16 years of Gross Margin data on record, last reported at 14.32% in Q3 2025.

  • For Q3 2025, Gross Margin fell 558.0% year-over-year to 14.32%; the TTM value through Sep 2025 reached 17.02%, down 113.0%, while the annual FY2024 figure was 18.86%, 368.0% up from the prior year.
  • Gross Margin reached 14.32% in Q3 2025 per VATE's latest filing, down from 18.84% in the prior quarter.
  • Across five years, Gross Margin topped out at 20.95% in Q2 2024 and bottomed at 12.06% in Q1 2022.
  • Average Gross Margin over 5 years is 15.92%, with a median of 15.42% recorded in 2024.
  • Peak YoY movement for Gross Margin: tumbled -569bps in 2022, then soared 669bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 15.63% in 2021, then decreased by -2bps to 15.37% in 2022, then rose by 10bps to 16.93% in 2023, then increased by 16bps to 19.61% in 2024, then dropped by -27bps to 14.32% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 14.32% in Q3 2025, 18.84% in Q2 2025, and 16.59% in Q1 2025.