Innovate (VATE) Net Margin (2010 - 2025)

Innovate (VATE) has reported Net Margin for 16 consecutive years, with 2.04% the latest figure, recorded in Q4 2025.

• In Q4 2025, Net Margin rose 510.0% year-over-year to 2.04%; the TTM figure through Dec 2025 stood at 3.48% (down 24.0% YoY), while the FY2025 annual figure was 5.14%, down 190.0% from the prior year.
• Net Margin came in at 2.04% for Q4 2025 at Innovate, up from 2.71% in the prior quarter.
• The five-year high for Net Margin was 7.1% in Q1 2021, with the low at 53.95% in Q3 2021.
• Average Net Margin over 5 years is 5.37%, with a median of 2.78% recorded in 2023.
• Across the five-year window, Net Margin sank 4357 bps in 2021 and jumped 5239 bps in 2022, its largest moves.
• Year by year, Net Margin stood at 1.32% in 2021, then decreased by 30 bps to 1.71% in 2022, then slumped by 55 bps to 2.66% in 2023, then slumped by 169 bps to 7.14% in 2024, then jumped by 71 bps to 2.04% in 2025.
• According to Business Quant data, Net Margin over the past three periods registered 2.04%, 2.71%, and 0.54% for Q4 2025, Q3 2025, and Q2 2025 respectively.