Cash Flow Statement
Growth Metrics

Innovate (VATE) Net Income (2017 - 2025)

Innovate has reported Net Income over the past 14 years, most recently at -$7.6 million for Q4 2025.

  • For Q4 2025, Net Income rose 56.07% year-over-year to -$7.6 million; the TTM value through Dec 2025 reached -$64.0 million, down 61.21%, while the annual FY2025 figure was -$64.0 million, 61.21% down from the prior year.
  • Net Income for Q4 2025 was -$7.6 million at Innovate, up from -$9.6 million in the prior quarter.
  • Over five years, Net Income peaked at $51.9 million in Q1 2021 and troughed at -$200.3 million in Q3 2021.
  • A 4-year average of -$19.5 million and a median of -$10.6 million in 2023 define the central range for Net Income.
  • Biggest five-year swings in Net Income: plummeted 2542.68% in 2021 and later skyrocketed 218.8% in 2024.
  • Year by year, Net Income stood at -$200.3 million in 2021, then surged by 94.71% to -$10.6 million in 2023, then tumbled by 63.21% to -$17.3 million in 2024, then soared by 56.07% to -$7.6 million in 2025.
  • Business Quant data shows Net Income for VATE at -$7.6 million in Q4 2025, -$9.6 million in Q3 2025, and -$21.0 million in Q2 2025.