Growth Metrics

Innovate (VATE) Gross Profit (2016 - 2025)

Historic Gross Profit for Innovate (VATE) over the last 16 years, with Q3 2025 value amounting to $49.7 million.

  • Innovate's Gross Profit rose 311.2% to $49.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $187.2 million, marking a year-over-year decrease of 1624.16%. This contributed to the annual value of $208.8 million for FY2024, which is 333.33% down from last year.
  • As of Q3 2025, Innovate's Gross Profit stood at $49.7 million, which was up 311.2% from $45.6 million recorded in Q2 2025.
  • In the past 5 years, Innovate's Gross Profit registered a high of $65.6 million during Q2 2024, and its lowest value of $30.5 million during Q1 2021.
  • For the 5-year period, Innovate's Gross Profit averaged around $51.1 million, with its median value being $49.8 million (2022).
  • Per our database at Business Quant, Innovate's Gross Profit soared by 7381.7% in 2021 and then plummeted by 3048.78% in 2025.
  • Quarter analysis of 5 years shows Innovate's Gross Profit stood at $61.7 million in 2021, then rose by 1.94% to $62.9 million in 2022, then decreased by 2.86% to $61.1 million in 2023, then dropped by 24.06% to $46.4 million in 2024, then increased by 7.11% to $49.7 million in 2025.
  • Its Gross Profit stands at $49.7 million for Q3 2025, versus $45.6 million for Q2 2025 and $45.5 million for Q1 2025.