Innovate (VATE) Gross Profit (2010 - 2025)

Innovate (VATE) posted quarterly Gross Profit of $58.9 million for Q4 2025, up 26.94% year-over-year from $46.4 million in Q4 2024, and up 18.51% on a QoQ basis from $49.7 million in Q3 2025.

Innovate (VATE) Gross Profit (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported Gross Profit for 16 consecutive years, with $58.9 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Gross Profit rose 26.94% year-over-year to $58.9 million; the TTM figure through Dec 2025 stood at $199.7 million (down 4.36% YoY), while the FY2025 annual figure was $199.7 million, down 4.36% from the prior year.
  • Gross Profit came in at $58.9 million for Q4 2025 at Innovate, up from $49.7 million in the prior quarter.
  • The five-year high for Gross Profit was $65.6 million in Q2 2024, with the low at $30.5 million in Q1 2021.
  • Average Gross Profit over 5 years is $51.5 million, with a median of $50.0 million recorded in 2022.
  • Across the five-year window, Gross Profit soared 73.82% in 2021 and sank 30.49% in 2025, its largest moves.
  • Year by year, Gross Profit stood at $61.7 million in 2021, then gained by 1.94% to $62.9 million in 2022, then slipped by 2.86% to $61.1 million in 2023, then dropped by 24.06% to $46.4 million in 2024, then gained by 26.94% to $58.9 million in 2025.
  • According to Business Quant data, Gross Profit over the past three periods registered $58.9 million, $49.7 million, and $45.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 58.90 Mn
Dec 31, 2025 58.90 Mn
Sep 30, 2025 49.70 Mn
Sep 30, 2025 49.70 Mn
Jun 30, 2025 45.60 Mn
Jun 30, 2025 45.60 Mn
Mar 31, 2025 45.50 Mn
Mar 31, 2025 45.50 Mn
Dec 31, 2024 46.40 Mn
Dec 31, 2024 46.40 Mn
Sep 30, 2024 48.20 Mn
Sep 30, 2024 48.20 Mn
Jun 30, 2024 65.60 Mn
Jun 30, 2024 65.60 Mn
Mar 31, 2024 48.60 Mn
Mar 31, 2024 48.60 Mn
Dec 31, 2023 61.10 Mn
Dec 31, 2023 61.10 Mn
Sep 30, 2023 58.70 Mn
Sep 30, 2023 58.70 Mn