Innovate (VATE) Gross Profit (2010 - 2025)

Innovate's Gross Profit history runs 16 years deep, the most recent figure standing at $58.9 million for 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 was $58.9 million for Q4 2025 at Innovate, up from $49.7 million in the prior quarter.
• In the past five years, Gross Profit ranged from a high of $65.6 million in Q2 2024 to a low of $30.5 million in Q1 2021.
• Historically, Gross Profit has averaged $51.5 million across 5 years, with a median of $50.0 million in 2022.
• The sharpest annual moves came in 2021 and 2025: Gross Profit soared 73.82% in 2021, then plunged 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 retreated by 24.06% to $46.4 million in 2024, then grew by 26.94% to $58.9 million in 2025.
• The last three Gross Profit figures came in at $58.9 million (Q4 2025), $49.7 million (Q3 2025), and $45.6 million (Q2 2025), per Business Quant data.