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.

  • Quarterly results put Gross Profit at $58.9 million for Q4 2025, up 26.94% from a year ago — trailing twelve months through Dec 2025 was $199.7 million (down 4.36% YoY), and the annual figure for FY2025 was $199.7 million, down 4.36%.
  • Gross Profit for Q4 2025 was $58.9 million at Innovate, up from $49.7 million in the prior quarter.
  • Over the last five years, Gross Profit for VATE hit a ceiling of $65.6 million in Q2 2024 and a floor of $30.5 million in Q1 2021.
  • Median Gross Profit over the past 5 years was $50.0 million (2022), compared with a mean of $51.5 million.
  • Biggest five-year swings in Gross Profit: surged 73.82% in 2021 and later crashed 30.49% in 2025.
  • Innovate's Gross Profit stood at $61.7 million in 2021, then increased by 1.94% to $62.9 million in 2022, then dropped 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.
  • The last three reported values for Gross Profit were $58.9 million (Q4 2025), $49.7 million (Q3 2025), and $45.6 million (Q2 2025) per Business Quant data.