Innovate (VATE) Net Income (2010 - 2026)

Innovate has reported Net Income for 17 years, with the latest figure at $12.4 million in Q2 2026.

• On a quarterly basis, Net Income rose 159.05% year-over-year to $12.4 million in Q2 2026; TTM through Jun 2026 was -$25.8 million, a 67.87% increase from a year earlier, with the FY2025 full-year figure at -$64.0 million, down 61.21% from the prior year.
• Net Income was $12.4 million for Q2 2026 at Innovate, up from -$7.6 million in the prior quarter.
• The five-year high for Net Income was $13.9 million in Q2 2024, with the low at -$25.8 million in Q1 2025.
• Average Net Income over 5 years is -$10.2 million, with a median of -$10.6 million recorded in 2023.
• The sharpest annual moves came in 2022 and 2024: Net Income plunged 256.67% in 2022, then surged 218.8% in 2024.
• Over 5 years, Net Income stood at -$9.2 million in 2022, then declined by 15.22% to -$10.6 million in 2023, then plunged by 63.21% to -$17.3 million in 2024, then surged by 56.07% to -$7.6 million in 2025, then jumped by 263.16% to $12.4 million in 2026.
• The last three Net Income figures came in at $12.4 million (Q2 2026), -$7.6 million (Q4 2025), and -$9.6 million (Q3 2025), per Business Quant data.