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
DateValue
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