Innovate (VATE) Minority Interest (2010 - 2025)

Innovate (VATE) posted quarterly Minority Interest of $13.9 million for Q4 2025, down 10.9% year-over-year from $15.6 million in Q4 2024, and down 20.11% on a QoQ basis from $17.4 million in Q3 2025.

Innovate (VATE) Minority Interest (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported Minority Interest for 15 consecutive years, with $13.9 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Minority Interest fell 10.9% year-over-year to $13.9 million; the TTM figure through Dec 2025 stood at $13.9 million (down 10.9% YoY), while the FY2025 annual figure was $13.9 million, down 10.9% from the prior year.
  • Minority Interest came in at $13.9 million for Q4 2025 at Innovate, down from $17.4 million in the prior quarter.
  • The five-year high for Minority Interest was $70.3 million in Q3 2021, with the low at $6.2 million in Q2 2021.
  • Average Minority Interest over 5 years is $30.7 million, with a median of $16.5 million recorded in 2024.
  • Across the five-year window, Minority Interest soared 948.39% in 2022 and tumbled 86.8% in 2023, its largest moves.
  • Year by year, Minority Interest stood at $68.1 million in 2021, then declined by 10.43% to $61.0 million in 2022, then slumped by 74.75% to $15.4 million in 2023, then advanced by 1.3% to $15.6 million in 2024, then declined by 10.9% to $13.9 million in 2025.
  • According to Business Quant data, Minority Interest over the past three periods registered $13.9 million, $17.4 million, and $17.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 13.90 Mn
Sep 30, 2025 17.40 Mn
Jun 30, 2025 17.10 Mn
Mar 31, 2025 15.40 Mn
Dec 31, 2024 15.60 Mn
Sep 30, 2024 15.80 Mn
Jun 30, 2024 15.90 Mn
Mar 31, 2024 38.60 Mn
Dec 31, 2023 15.40 Mn
Sep 30, 2023 8.30 Mn
Jun 30, 2023 10.10 Mn
Mar 31, 2023 12.10 Mn
Dec 31, 2022 61.00 Mn
Sep 30, 2022 62.90 Mn
Jun 30, 2022 65.00 Mn
Mar 31, 2022 66.20 Mn
Dec 31, 2021 68.10 Mn
Sep 30, 2021 70.30 Mn
Jun 30, 2021 6.20 Mn
Mar 31, 2021 18.00 Mn