Innovate (VATE) Gross Profit (2010 - 2026)
Innovate (VATE) posted Gross Profit of $79.5 million for Q2 2026, up 34.97% on a QoQ basis from $58.9 million in Q4 2025, and up 74.34% year-over-year from $45.6 million in Q2 2025.
Analysis
Innovate (VATE) Gross Profit (2010 - 2026) Analysis & Trends
Innovate has reported Gross Profit for 17 years, with the latest figure at $79.5 million in Q2 2026.
- On a quarterly basis, Gross Profit rose 74.34% year-over-year to $79.5 million in Q2 2026; TTM through Jun 2026 was $233.7 million, a 25.85% increase from a year earlier, with the FY2025 full-year figure at $199.7 million, down 4.36% from the prior year.
- Gross Profit was $79.5 million for Q2 2026 at Innovate, up from $58.9 million in the prior quarter.
- The five-year high for Gross Profit was $79.5 million in Q2 2026, with the low at $43.6 million in Q1 2023.
- Average Gross Profit over 5 years is $54.4 million, with a median of $50.3 million recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: Gross Profit sank 30.49% in 2025, then jumped 74.34% in 2026.
- Over 5 years, Gross Profit stood at $62.9 million in 2022, then retreated by 2.86% to $61.1 million in 2023, then decreased by 24.06% to $46.4 million in 2024, then increased by 26.94% to $58.9 million in 2025, then soared by 34.97% to $79.5 million in 2026.
- The last three Gross Profit figures came in at $79.5 million (Q2 2026), $58.9 million (Q4 2025), and $49.7 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn |
| 10 | Innovate | 97.81 Mn | 24.61 Mn | 79.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 79.50 Mn |
| Dec 31, 2025 | 58.90 Mn |
| Sep 30, 2025 | 49.70 Mn |
| Jun 30, 2025 | 45.60 Mn |
| Mar 31, 2025 | 45.50 Mn |
| Dec 31, 2024 | 46.40 Mn |
| Sep 30, 2024 | 48.20 Mn |
| Jun 30, 2024 | 65.60 Mn |
| Mar 31, 2024 | 48.60 Mn |
| Dec 31, 2023 | 61.10 Mn |
| Sep 30, 2023 | 58.70 Mn |
| Jun 30, 2023 | 52.60 Mn |
| Mar 31, 2023 | 43.60 Mn |
| Dec 31, 2022 | 62.90 Mn |
| Sep 30, 2022 | 58.40 Mn |
| Jun 30, 2022 | 50.30 Mn |
| Mar 31, 2022 | 49.80 Mn |
| Dec 31, 2021 | 61.70 Mn |
| Sep 30, 2021 | 55.10 Mn |
| Jun 30, 2021 | 36.40 Mn |