Innovate (VATE) Non Operating Income (2014 - 2025)

Innovate (VATE) recorded quarterly Non Operating Income of $400000.0 in Q4 2025, down 33.33% quarter-over-quarter from $600000.0 in Q3 2025, and down 81.82% on a YoY basis from $2.2 million in Q4 2024.

Innovate (VATE) Non Operating Income (2014 - 2025) Analysis & Trends

Innovate's Non Operating Income history runs 12 years deep, the most recent figure standing at $400000.0 for Q4 2025.

  • In Q4 2025, Non Operating Income fell 81.82% year-over-year to $400000.0; the TTM figure through Dec 2025 stood at $4.7 million (up 38.24% YoY), while the FY2025 annual figure was $4.7 million, up 38.24% from the prior year.
  • Non Operating Income was $400000.0 for Q4 2025 at Innovate, down from $600000.0 in the prior quarter.
  • In the past five years, Non Operating Income ranged from a high of $16.5 million in Q1 2023 to a low of -$1.7 million in Q4 2022.
  • Historically, Non Operating Income has averaged $1.4 million across 5 years, with a median of $400000.0 in 2021.
  • The sharpest annual moves came in 2022 and 2023: Non Operating Income plunged 1600.0% in 2022, then surged 16600.0% in 2023.
  • A 5-year view of Non Operating Income shows it stood at -$100000.0 in 2021, then slumped by 1600.0% to -$1.7 million in 2022, then soared by 70.59% to -$500000.0 in 2023, then jumped by 540.0% to $2.2 million in 2024, then tumbled by 81.82% to $400000.0 in 2025.
  • The last three Non Operating Income figures came in at $400000.0 (Q4 2025), $600000.0 (Q3 2025), and -$300000.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn -12.06 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 464,000.00
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 6.23 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn -3.30 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn -
6 APi 18.83 Bn 18.18 Bn 620.00 Mn -32.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -17.66 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 574,000.00
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn 400,000.00

Historic Data

Download Data
DateValue
Dec 31, 2025 400,000.00
Sep 30, 2025 600,000.00
Jun 30, 2025 -300,000.00
Mar 31, 2025 4.00 Mn
Dec 31, 2024 2.20 Mn
Sep 30, 2024 2.20 Mn
Jun 30, 2024 200,000.00
Mar 31, 2024 -1.20 Mn
Dec 31, 2023 -500,000.00
Sep 30, 2023 400,000.00
Jun 30, 2023 300,000.00
Mar 31, 2023 16.50 Mn
Dec 31, 2022 -1.70 Mn
Sep 30, 2022 -900,000.00
Jun 30, 2022 1.50 Mn
Mar 31, 2022 -100,000.00
Dec 31, 2021 -100,000.00
Sep 30, 2021 600,000.00
Jun 30, 2021 400,000.00
Mar 31, 2021 3.40 Mn