Innovate (VATE) Income from Non-Controlling Interests (2010 - 2025)

Innovate (VATE) recorded quarterly Income from Non-Controlling Interests of -$200000.0 in Q4 2025, up 71.43% quarter-over-quarter from -$700000.0 in Q3 2025, and up 71.43% on a YoY basis from -$116666.7 in Q4 2024.

Innovate (VATE) Income from Non-Controlling Interests (2010 - 2025) Analysis & Trends

Innovate's Income from Non-Controlling Interests history runs 15 years deep, the most recent figure standing at -$200000.0 for Q4 2025.

  • In Q4 2025, Income from Non-Controlling Interests rose 71.43% year-over-year to -$200000.0; the TTM figure through Dec 2025 stood at -$3.4 million (up 33.33% YoY), while the FY2025 annual figure was -$3.4 million, up 33.33% from the prior year.
  • Income from Non-Controlling Interests was -$200000.0 for Q4 2025 at Innovate, up from -$700000.0 in the prior quarter.
  • In the past five years, Income from Non-Controlling Interests ranged from a high of $1.0 million in Q1 2023 to a low of -$3.6 million in Q1 2021.
  • Historically, Income from Non-Controlling Interests has averaged -$1.3 million across 5 years, with a median of -$1.3 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Income from Non-Controlling Interests soared 158.82% in 2023, then sank 370.0% in 2024.
  • A 5-year view of Income from Non-Controlling Interests shows it stood at -$800000.0 in 2021, then slumped by 100.0% to -$1.6 million in 2022, then grew by 18.75% to -$1.3 million in 2023, then surged by 46.15% to -$700000.0 in 2024, then jumped by 71.43% to -$200000.0 in 2025.
  • The last three Income from Non-Controlling Interests figures came in at -$200000.0 (Q4 2025), -$700000.0 (Q3 2025), and -$1.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 10.81 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn -
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 8.82 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 7.80 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn -
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -10.86 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 403,000.00
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn -200,000.00

Historic Data

Download Data
DateValue
Dec 31, 2025 -200,000.00
Sep 30, 2025 -700,000.00
Jun 30, 2025 -1.20 Mn
Mar 31, 2025 -1.30 Mn
Dec 31, 2024 -700,000.00
Sep 30, 2024 -1.20 Mn
Jun 30, 2024 -500,000.00
Mar 31, 2024 -2.70 Mn
Dec 31, 2023 -1.30 Mn
Sep 30, 2023 -1.60 Mn
Jun 30, 2023 -1.80 Mn
Mar 31, 2023 1.00 Mn
Dec 31, 2022 -1.60 Mn
Sep 30, 2022 -1.30 Mn
Jun 30, 2022 -1.50 Mn
Mar 31, 2022 -1.70 Mn
Dec 31, 2021 -800,000.00
Sep 30, 2021 -2.60 Mn
Jun 30, 2021 -1.70 Mn
Mar 31, 2021 -3.60 Mn