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
DateValue
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