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% quarter-over-quarter from $49.7 million in Q3 2025.
Innovate (VATE) Gross Profit (2010 - 2025) Analysis & Trends
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 for Q4 2025 stood at $58.9 million, 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.
- The 5-year median for Gross Profit is $50.0 million (2022), against an average of $51.5 million.
- The sharpest annual moves came in 2021 and 2025: Gross Profit surged 73.82% in 2021, then tumbled 30.49% in 2025.
- Innovate's Gross Profit stood at $61.7 million in 2021, then climbed by 1.94% to $62.9 million in 2022, then declined by 2.86% to $61.1 million in 2023, then fell by 24.06% to $46.4 million in 2024, then climbed by 26.94% to $58.9 million in 2025.
- Business Quant data shows VATE's Gross Profit at $58.9 million in Q4 2025, $49.7 million in Q3 2025, and $45.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn |
| 10 | Innovate | 113.32 Mn | 12.12 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 |