Innovate (VATE) Interest Expenses (2010 - 2026)
Innovate's Interest Expenses came in at $27.6 million for Q2 2026, up 29.0% from $21.4 million a year earlier.
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Analysis
Innovate (VATE) Interest Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Innovate reported Interest Expenses of $96.4 million; for FY2025, it came in at $89 million.
- Interest Expenses carries a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $25,000 in FY2024 (-98.3%), $1.5 million in FY2023 (-97.1%), $52 million in FY2022 (-12.0%) and $59.1 million in FY2021 (-21.0%).
- The Q2 2026 figure represents the highest quarterly Interest Expenses in data going back to Q2 2010.
- The fastest year-over-year change in Interest Expenses over five years came in Q2 2023 (growth of 30.4%), and the weakest in Q1 2022 (a decline of 41.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.97 Bn | 88.05 Bn | 1.55 Bn | 73.55 Mn |
| 2 | Ferrovial | 35.96 Bn | 14.21 Bn | - | - |
| 3 | Emcor | 31.03 Bn | 27.43 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 16.77 Bn | 11.44 Bn | 810.70 Mn | 54.65 Mn |
| 5 | Mastec | 14.08 Bn | 12.87 Bn | 556.28 Mn | 47.20 Mn |
| 6 | Sterling Infrastructure | 12.66 Bn | 10.99 Bn | 289.96 Mn | 3.09 Mn |
| 7 | IES Holdings | 9.42 Bn | 8.28 Bn | 340.66 Mn | 1.01 Mn |
| 8 | Stantec | 8.00 Bn | 6.93 Bn | 1.36 Bn | 36.94 Mn |
| 9 | Aecom | 7.66 Bn | 2.78 Bn | -34.04 Mn | 47.64 Mn |
| 10 | Innovate | 76.70 Mn | -182.60 Mn | 79.50 Mn | 27.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.60 Mn |
| Dec 31, 2025 | 24.00 Mn |
| Sep 30, 2025 | 23.40 Mn |
| Jun 30, 2025 | 21.40 Mn |
| Mar 31, 2025 | 20.20 Mn |
| Dec 31, 2024 | -54.88 Mn |
| Sep 30, 2024 | 21.20 Mn |
| Jun 30, 2024 | 16.50 Mn |
| Mar 31, 2024 | 17.20 Mn |
| Dec 31, 2023 | -47.50 Mn |
| Sep 30, 2023 | 17.10 Mn |
| Jun 30, 2023 | 16.30 Mn |
| Mar 31, 2023 | 15.60 Mn |
| Dec 31, 2022 | 13.60 Mn |
| Sep 30, 2022 | 13.30 Mn |
| Jun 30, 2022 | 12.50 Mn |
| Mar 31, 2022 | 12.60 Mn |
| Dec 31, 2021 | 12.50 Mn |
| Sep 30, 2021 | 12.80 Mn |
| Jun 30, 2021 | 12.40 Mn |
API Access
Innovate Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();