Innovate (VATE) Net Income towards Common Stockholders (2010 - 2025)
Innovate (VATE) recorded quarterly Net Income towards Common Stockholders of -$7.8 million in Q4 2025, up 17.02% quarter-over-quarter from -$9.4 million in Q3 2025, and up 53.85% on a YoY basis from -$5.1 million in Q4 2024.
Innovate (VATE) Net Income towards Common Stockholders (2010 - 2025) Analysis & Trends
Innovate's Net Income towards Common Stockholders history runs 16 years deep, the most recent figure standing at -$7.8 million for Q4 2025.
- In Q4 2025, Net Income towards Common Stockholders rose 53.85% year-over-year to -$7.8 million; the TTM figure through Dec 2025 stood at -$43.3 million (down 20.95% YoY), while the FY2025 annual figure was -$64.0 million, down 78.77% from the prior year.
- Net Income towards Common Stockholders was -$7.8 million for Q4 2025 at Innovate, up from -$9.4 million in the prior quarter.
- In the past five years, Net Income towards Common Stockholders ranged from a high of $14.1 million in Q2 2024 to a low of -$213.0 million in Q3 2021.
- Historically, Net Income towards Common Stockholders has averaged -$19.4 million across 5 years, with a median of -$9.9 million in 2023.
- The sharpest annual moves came in 2021 and 2024: Net Income towards Common Stockholders slumped 1103.39% in 2021, then jumped 234.29% in 2024.
- A 5-year view of Net Income towards Common Stockholders shows it stood at -$5.2 million in 2021, then plunged by 34.62% to -$7.0 million in 2022, then tumbled by 37.14% to -$9.6 million in 2023, then sank by 76.04% to -$16.9 million in 2024, then jumped by 53.85% to -$7.8 million in 2025.
- The last three Net Income towards Common Stockholders figures came in at -$7.8 million (Q4 2025), -$9.4 million (Q3 2025), and -$1.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 231.43 Mn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 370.38 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 305.48 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 69.71 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 103.77 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 51.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -2.89 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 109.91 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | -7.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -7.80 Mn |
| Sep 30, 2025 | -9.40 Mn |
| Jun 30, 2025 | -1.30 Mn |
| Mar 31, 2025 | -24.80 Mn |
| Dec 31, 2024 | -16.90 Mn |
| Sep 30, 2024 | -15.30 Mn |
| Jun 30, 2024 | 14.10 Mn |
| Mar 31, 2024 | -17.70 Mn |
| Dec 31, 2023 | -9.60 Mn |
| Sep 30, 2023 | -7.30 Mn |
| Jun 30, 2023 | -10.50 Mn |
| Mar 31, 2023 | -10.20 Mn |
| Dec 31, 2022 | -7.00 Mn |
| Sep 30, 2022 | -6.60 Mn |
| Jun 30, 2022 | -13.60 Mn |
| Mar 31, 2022 | -13.60 Mn |
| Dec 31, 2021 | -5.20 Mn |
| Sep 30, 2021 | -213.00 Mn |
| Jun 30, 2021 | -23.70 Mn |
| Mar 31, 2021 | 12.20 Mn |