Innovate (VATE) Net Cash Flow (2010 - 2025)
Innovate (VATE) recorded Net Cash Flow of $76.5 million in Q4 2025, compared with -$1.4 million a year earlier.
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Analysis
Innovate (VATE) Net Cash Flow (2010 - 2025) Analysis & Trends
For FY2025, Innovate reported Net Cash Flow of $62.8 million.
- Annual Net Cash Flow has a five-year compound annual growth rate of 95.5% (FY2020 to FY2025).
- Across earlier years, Net Cash Flow came in at -$31.3 million in FY2024, $300,000 in FY2023 (-99.2%), $36.1 million in FY2022 and -$184.3 million in FY2021.
- The Q4 2025 figure is the highest quarterly Net Cash Flow since Q3 2018.
- Per Business Quant, the preceding three quarters came in at $2.4 million (Q3 2025), -$500,000 (Q2 2025) and -$15.6 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.97 Bn | 88.05 Bn | 1.55 Bn | 141.55 Mn |
| 2 | Ferrovial | 35.96 Bn | 14.21 Bn | - | - |
| 3 | Emcor | 31.03 Bn | 27.43 Bn | 1.02 Bn | 7.99 Mn |
| 4 | Jacobs Solutions | 16.77 Bn | 11.44 Bn | 810.70 Mn | -296.15 Mn |
| 5 | Mastec | 14.08 Bn | 12.87 Bn | 556.28 Mn | 42.03 Mn |
| 6 | Sterling Infrastructure | 12.66 Bn | 10.99 Bn | 289.96 Mn | -47.41 Mn |
| 7 | IES Holdings | 9.42 Bn | 8.28 Bn | 340.66 Mn | 27.75 Mn |
| 8 | Stantec | 8.00 Bn | 6.93 Bn | 1.36 Bn | -43.81 Mn |
| 9 | Aecom | 7.66 Bn | 2.78 Bn | -34.04 Mn | -20.26 Mn |
| 10 | Innovate | 76.70 Mn | -182.60 Mn | 79.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 76.50 Mn |
| Sep 30, 2025 | 2.40 Mn |
| Jun 30, 2025 | -500,000.00 |
| Mar 31, 2025 | -15.60 Mn |
| Dec 31, 2024 | -1.40 Mn |
| Sep 30, 2024 | -29.90 Mn |
| Jun 30, 2024 | 41.60 Mn |
| Mar 31, 2024 | -41.60 Mn |
| Dec 31, 2023 | 24.40 Mn |
| Sep 30, 2023 | 27.30 Mn |
| Jun 30, 2023 | 12.40 Mn |
| Mar 31, 2023 | -63.80 Mn |
| Dec 31, 2022 | 53.40 Mn |
| Sep 30, 2022 | 2.10 Mn |
| Jun 30, 2022 | 200,000.00 |
| Mar 31, 2022 | -19.60 Mn |
| Dec 31, 2021 | 16.50 Mn |
| Sep 30, 2021 | -176.90 Mn |
| Jun 30, 2021 | -32.70 Mn |
| Mar 31, 2021 | 8.80 Mn |
API Access
Innovate Net Cash Flow 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=net-cash-flow&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();