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% quarter-over-quarter from $49.7 million in Q3 2025.

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

Innovate's Gross Profit history runs 16 years deep, the most recent figure standing at $58.9 million for 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 for Q4 2025 stood at $58.9 million, 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.
  • The 5-year median for Gross Profit is $50.0 million (2022), against an average of $51.5 million.
  • The sharpest annual moves came in 2021 and 2025: Gross Profit surged 73.82% in 2021, then tumbled 30.49% in 2025.
  • Innovate's Gross Profit stood at $61.7 million in 2021, then climbed by 1.94% to $62.9 million in 2022, then declined by 2.86% to $61.1 million in 2023, then fell by 24.06% to $46.4 million in 2024, then climbed by 26.94% to $58.9 million in 2025.
  • Business Quant data shows VATE's Gross Profit at $58.9 million in Q4 2025, $49.7 million in Q3 2025, and $45.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Quanta Services 98.57 Bn 98.48 Bn 1.55 Bn
2 Comfort Systems Usa 69.82 Bn 67.96 Bn 844.23 Mn
3 Ferrovial 46.93 Bn 41.94 Bn -
4 Emcor 35.79 Bn 34.87 Bn 1.02 Bn
5 Mastec 25.30 Bn 25.14 Bn 556.28 Mn
6 Sterling Infrastructure 18.27 Bn 17.76 Bn 194.30 Mn
7 APi 17.00 Bn 16.35 Bn 703.00 Mn
8 Jacobs Solutions 15.69 Bn 14.31 Bn 794.89 Mn
9 IES Holdings 12.60 Bn 12.34 Bn 254.79 Mn
10 Innovate 113.32 Mn 12.12 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