Innovate (VATE) Inventory (2014 - 2025)
Innovate (VATE) recorded quarterly Inventory of $16.0 million in Q4 2025, down 11.6% quarter-over-quarter from $18.1 million in Q3 2025, and down 23.08% on a YoY basis from $20.8 million in Q4 2024.
Innovate (VATE) Inventory (2014 - 2025) Analysis & Trends
Innovate's Inventory history runs 9 years deep, the most recent figure standing at $16.0 million for Q4 2025.
- In Q4 2025, Inventory fell 23.08% year-over-year to $16.0 million; the TTM figure through Dec 2025 stood at $16.0 million (down 23.08% YoY), while the FY2025 annual figure was $16.0 million, down 23.08% from the prior year.
- Inventory was $16.0 million for Q4 2025 at Innovate, down from $18.1 million in the prior quarter.
- In the past five years, Inventory ranged from a high of $22.4 million in Q4 2023 to a low of $16.0 million in Q4 2025.
- Historically, Inventory has averaged $19.7 million across 5 years, with a median of $20.0 million in 2022.
- The sharpest annual moves came in 2021 and 2025: Inventory soared 71.72% in 2021, then slipped 23.08% in 2025.
- A 5-year view of Inventory shows it stood at $17.0 million in 2021, then rose by 11.18% to $18.9 million in 2022, then grew by 18.52% to $22.4 million in 2023, then decreased by 7.14% to $20.8 million in 2024, then decreased by 23.08% to $16.0 million in 2025.
- The last three Inventory figures came in at $16.0 million (Q4 2025), $18.1 million (Q3 2025), and $20.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 446.89 Mn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 93.95 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | - |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 117.23 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | - |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 156.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | - |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 126.68 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | 128.35 Mn |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | 16.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.00 Mn |
| Sep 30, 2025 | 18.10 Mn |
| Jun 30, 2025 | 20.70 Mn |
| Mar 31, 2025 | 19.70 Mn |
| Dec 31, 2024 | 20.80 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Jun 30, 2024 | 20.90 Mn |
| Mar 31, 2024 | 21.80 Mn |
| Dec 31, 2023 | 22.40 Mn |
| Sep 30, 2023 | 18.60 Mn |
| Jun 30, 2023 | 19.90 Mn |
| Mar 31, 2023 | 21.30 Mn |
| Dec 31, 2022 | 18.90 Mn |
| Sep 30, 2022 | 20.70 Mn |
| Jun 30, 2022 | 20.10 Mn |
| Mar 31, 2022 | 19.50 Mn |
| Dec 31, 2021 | 17.00 Mn |
| Sep 30, 2021 | 17.40 Mn |
| Dec 31, 2020 | 9.90 Mn |
| Dec 31, 2016 | 9.65 Mn |