Innovate (VATE) Net Margin (2010 - 2026)
Innovate (VATE) posted Net Margin of 2.4% for Q2 2026, up 217.54% on a QoQ basis from 2.04% in Q4 2025, and up 1149.0% year-over-year from 0.19% in Q2 2025.
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Analysis
Innovate (VATE) Net Margin (2010 - 2026) Analysis & Trends
Innovate has reported Net Margin for 17 years, with the latest figure at 2.4% in Q2 2026.
- On a quarterly basis, Net Margin rose 1149.0% year-over-year to 2.4% in Q2 2026; TTM through Jun 2026 was 2.09%, a 585.0% increase from a year earlier, with the FY2025 full-year figure at 5.14%, down 190.0% from the prior year.
- Net Margin was 2.4% for Q2 2026 at Innovate, up from 2.04% in the prior quarter.
- The five-year high for Net Margin was 4.5% in Q2 2024, with the low at 9.09% in Q2 2025.
- Average Net Margin over 5 years is 3.28%, with a median of 2.85% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 5239 bps in 2022, then slumped 1359 bps in 2025.
- Over 5 years, Net Margin stood at 1.71% in 2022, then plunged by 55 bps to 2.66% in 2023, then plunged by 169 bps to 7.14% in 2024, then surged by 71 bps to 2.04% in 2025, then soared by 218 bps to 2.4% in 2026.
- The last three Net Margin figures came in at 2.4% (Q2 2026), 2.04% (Q4 2025), and 2.71% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 7.83% |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 3.33% |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 14.44% |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | -2.31% |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 6.08% |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 3.03% |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 13.88% |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 8.34% |
| 10 | Innovate | 97.81 Mn | 24.61 Mn | 79.50 Mn | 2.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.40% |
| Dec 31, 2025 | -2.04% |
| Sep 30, 2025 | -2.71% |
| Jun 30, 2025 | -9.09% |
| Mar 31, 2025 | -9.04% |
| Dec 31, 2024 | -7.14% |
| Sep 30, 2024 | -6.32% |
| Jun 30, 2024 | 4.50% |
| Mar 31, 2024 | -5.62% |
| Dec 31, 2023 | -2.66% |
| Sep 30, 2023 | -1.95% |
| Jun 30, 2023 | -2.85% |
| Mar 31, 2023 | -3.21% |
| Dec 31, 2022 | -1.71% |
| Sep 30, 2022 | -1.56% |
| Jun 30, 2022 | -3.47% |
| Mar 31, 2022 | -3.29% |
| Dec 31, 2021 | -1.32% |
| Sep 30, 2021 | -53.95% |
| Jun 30, 2021 | -9.72% |