Growth Metrics

Innovate (VATE) Gross Profit (2016 - 2025)

Innovate (VATE) has 16 years of Gross Profit data on record, last reported at $49.7 million in Q3 2025.

  • For Q3 2025, Gross Profit rose 3.11% year-over-year to $49.7 million; the TTM value through Sep 2025 reached $187.2 million, down 16.24%, while the annual FY2024 figure was $208.8 million, 3.33% down from the prior year.
  • Gross Profit reached $49.7 million in Q3 2025 per VATE's latest filing, up from $45.6 million in the prior quarter.
  • Across five years, Gross Profit topped out at $65.6 million in Q2 2024 and bottomed at $30.5 million in Q1 2021.
  • Average Gross Profit over 5 years is $51.1 million, with a median of $49.8 million recorded in 2022.
  • Peak YoY movement for Gross Profit: soared 73.82% in 2021, then plummeted 30.49% in 2025.
  • A 5-year view of Gross Profit shows it stood at $61.7 million in 2021, then grew by 1.94% to $62.9 million in 2022, then fell 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.
  • Per Business Quant database, its latest 3 readings for Gross Profit were $49.7 million in Q3 2025, $45.6 million in Q2 2025, and $45.5 million in Q1 2025.