Cash Flow Statement
Growth Metrics

Innovate (VATE) Net Margin (2016 - 2025)

Innovate has reported Net Margin over the past 16 years, most recently at 2.04% for Q4 2025.

  • Quarterly results put Net Margin at 2.04% for Q4 2025, up 510.0% from a year ago — trailing twelve months through Dec 2025 was 3.48% (down 24.0% YoY), and the annual figure for FY2025 was 5.14%, down 190.0%.
  • Net Margin for Q4 2025 was 2.04% at Innovate, up from 2.71% in the prior quarter.
  • Over the last five years, Net Margin for VATE hit a ceiling of 7.1% in Q1 2021 and a floor of 53.95% in Q3 2021.
  • Median Net Margin over the past 5 years was 2.78% (2023), compared with a mean of 5.37%.
  • Biggest five-year swings in Net Margin: tumbled -4357bps in 2021 and later soared 5239bps in 2022.
  • Innovate's Net Margin stood at 1.32% in 2021, then fell by -30bps to 1.71% in 2022, then plummeted by -55bps to 2.66% in 2023, then tumbled by -169bps to 7.14% in 2024, then surged by 71bps to 2.04% in 2025.
  • The last three reported values for Net Margin were 2.04% (Q4 2025), 2.71% (Q3 2025), and 0.54% (Q2 2025) per Business Quant data.