Innovate (VATE) Invested Capital (2010 - 2025)

Innovate's Invested Capital history runs 16 years deep, the most recent figure standing at -$145.9 million for Q4 2025.

• In Q4 2025, Invested Capital fell 142.75% year-over-year to -$145.9 million; the TTM figure through Dec 2025 stood at -$145.9 million (down 142.75% YoY), while the FY2025 annual figure was -$145.9 million, down 142.75% from the prior year.
• Invested Capital was -$145.9 million for Q4 2025 at Innovate, down from -$136.0 million in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $1.1 billion in Q2 2021 to a low of -$145.9 million in Q4 2025.
• Historically, Invested Capital has averaged $422.1 million across 5 years, with a median of $505.3 million in 2021.
• The sharpest annual moves came in 2021 and 2025: Invested Capital jumped 538.14% in 2021, then sank 142.75% in 2025.
• A 5-year view of Invested Capital shows it stood at $500.6 million in 2021, then climbed by 18.5% to $593.2 million in 2022, then retreated by 11.06% to $527.6 million in 2023, then slumped by 35.31% to $341.3 million in 2024, then tumbled by 142.75% to -$145.9 million in 2025.
• The last three Invested Capital figures came in at -$145.9 million (Q4 2025), -$136.0 million (Q3 2025), and -$46.3 million (Q2 2025), per Business Quant data.