Innovate (VATE) Non Operating Interest Expenses (2010 - 2026)
Innovate (VATE) posted Non Operating Interest Expenses of $27.6 million for Q2 2026, up 15.0% on a QoQ basis from $24.0 million in Q4 2025, and up 28.97% year-over-year from $21.4 million in Q2 2025.
Analysis
Innovate (VATE) Non Operating Interest Expenses (2010 - 2026) Analysis & Trends
Innovate has reported Non Operating Interest Expenses for 17 years, with the latest figure at $27.6 million in Q2 2026.
- On a quarterly basis, Non Operating Interest Expenses rose 28.97% year-over-year to $27.6 million in Q2 2026; TTM through Jun 2026 was $96.4 million, a 16.99% increase from a year earlier, with the FY2025 full-year figure at $89.0 million, up 19.46% from the prior year.
- Non Operating Interest Expenses was $27.6 million for Q2 2026 at Innovate, up from $24.0 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $27.6 million in Q2 2026, with the low at $12.5 million in Q2 2022.
- Average Non Operating Interest Expenses over 5 years is $18.3 million, with a median of $17.2 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Non Operating Interest Expenses sank 41.12% in 2022, then jumped 41.18% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $13.6 million in 2022, then surged by 41.18% to $19.2 million in 2023, then rose by 2.08% to $19.6 million in 2024, then increased by 22.45% to $24.0 million in 2025, then rose by 15.0% to $27.6 million in 2026.
- The last three Non Operating Interest Expenses figures came in at $27.6 million (Q2 2026), $24.0 million (Q4 2025), and $23.4 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | - |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 54.65 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 3.09 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | 47.64 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | - |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 11.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | - |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 10.50 Mn |
| 10 | Innovate | 97.81 Mn | 24.61 Mn | 79.50 Mn | 27.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.60 Mn |
| Dec 31, 2025 | 24.00 Mn |
| Sep 30, 2025 | 23.40 Mn |
| Jun 30, 2025 | 21.40 Mn |
| Mar 31, 2025 | 20.20 Mn |
| Dec 31, 2024 | 19.60 Mn |
| Sep 30, 2024 | 21.20 Mn |
| Jun 30, 2024 | 16.50 Mn |
| Mar 31, 2024 | 17.20 Mn |
| Dec 31, 2023 | 19.20 Mn |
| Sep 30, 2023 | 17.10 Mn |
| Jun 30, 2023 | 16.30 Mn |
| Mar 31, 2023 | 15.60 Mn |
| Dec 31, 2022 | 13.60 Mn |
| Sep 30, 2022 | 13.30 Mn |
| Jun 30, 2022 | 12.50 Mn |
| Mar 31, 2022 | 12.60 Mn |
| Dec 31, 2021 | 12.50 Mn |
| Sep 30, 2021 | 12.80 Mn |
| Jun 30, 2021 | 12.40 Mn |