Innovate (VATE) Net Margin (2010 - 2026)
Innovate (VATE) recorded Net Margin of 2.47% in Q2 2026, up 11.56 percentage points from -9.09% a year earlier.
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Analysis
Innovate (VATE) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Innovate's Net Margin came in at -2.07% as of Jun 30, 2026, up 5.87 percentage points year-over-year; for FY2025, it came in at -5.14%, down 1.90 percentage points from FY2024.
- Annual Net Margin has declined for three straight years, though with a five-year change of +8.20 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -3.23% in FY2024 (-0.59 pp), -2.64% in FY2023 (-0.15 pp), -2.49% in FY2022 (+16.57 pp) and -19.06% in FY2021 (-5.72 pp).
- The Q2 2026 figure is the highest quarterly Net Margin since Q2 2024.
- On a year-over-year basis, Net Margin rose in three of the last seven quarters, with an average year-over-year change of -0.80 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 52.39 percentage points in Q3 2022, against a drop of 43.57 percentage points in Q3 2021 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.02 Bn | 85.39 Bn | 2.01 Bn | 5.78% |
| 2 | Ferrovial | 43.70 Bn | 22.89 Bn | - | - |
| 3 | Emcor | 28.68 Bn | 24.95 Bn | 1.11 Bn | 7.22% |
| 4 | Jacobs Solutions | 18.34 Bn | 13.01 Bn | 810.70 Mn | 3.35% |
| 5 | Mastec | 14.75 Bn | 13.28 Bn | 660.86 Mn | 2.92% |
| 6 | Sterling Infrastructure | 9.21 Bn | 7.62 Bn | 377.28 Mn | 13.74% |
| 7 | Aecom | 9.03 Bn | 4.15 Bn | -34.04 Mn | -2.42% |
| 8 | Stantec | 8.62 Bn | 7.79 Bn | - | - |
| 9 | IES Holdings | 7.17 Bn | 6.03 Bn | 340.66 Mn | 12.31% |
| 10 | Innovate | 75.10 Mn | -291.00 Mn | 79.50 Mn | 2.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.47% |
| 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% |
API Access
Innovate Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();