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| Date | Value |
|---|---|
| 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 |