Cash Flow Statement
Growth Metrics

Innovate (VATE) Gross Profit (2016 - 2025)

Innovate has reported Gross Profit over the past 16 years, most recently at $58.9 million for Q4 2025.

  • For Q4 2025, Gross Profit rose 26.94% year-over-year to $58.9 million; the TTM value through Dec 2025 reached $199.7 million, down 4.36%, while the annual FY2025 figure was $199.7 million, 4.36% down from the prior year.
  • Gross Profit for Q4 2025 was $58.9 million at Innovate, up from $49.7 million in the prior quarter.
  • Over five years, Gross Profit peaked at $65.6 million in Q2 2024 and troughed at $30.5 million in Q1 2021.
  • A 5-year average of $51.5 million and a median of $50.0 million in 2022 define the central range for Gross Profit.
  • Biggest five-year swings in Gross Profit: soared 73.82% in 2021 and later plummeted 30.49% in 2025.
  • Year by year, 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 fell by 24.06% to $46.4 million in 2024, then rose by 26.94% to $58.9 million in 2025.
  • Business Quant data shows Gross Profit for VATE at $58.9 million in Q4 2025, $49.7 million in Q3 2025, and $45.6 million in Q2 2025.