Innovate (VATE) Non Operating Interest Expenses (2010 - 2026)
Innovate's Non Operating Interest Expenses was $27.6 million in Q2 2026, up 29.0% from $21.4 million a year earlier.
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Analysis
Innovate (VATE) Non Operating Interest Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Innovate's Non Operating Interest Expenses was $96.4 million through Jun 30, 2026, up 17.0% year-over-year; for FY2025, it was $89 million, up 19.5% from FY2024.
- Non Operating Interest Expenses has now increased for three consecutive years, with a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- In earlier years, Non Operating Interest Expenses was $74.5 million in FY2024 (+9.2%), $68.2 million in FY2023 (+31.2%), $52 million in FY2022 (-12.0%) and $59.1 million in FY2021 (-21.0%).
- The Q2 2026 figure marks the highest quarterly Non Operating Interest Expenses in data going back to Q2 2010.
- The best year-over-year quarter for Non Operating Interest Expenses over five years was Q4 2023 (growth of 41.2%); the worst was Q1 2022 (a decline of 41.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.18 Bn | 80.26 Bn | 1.55 Bn | 73.55 Mn |
| 2 | Ferrovial | 35.58 Bn | 13.83 Bn | - | - |
| 3 | Emcor | 28.91 Bn | 25.31 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 17.07 Bn | 11.74 Bn | 810.70 Mn | 54.65 Mn |
| 5 | Mastec | 13.28 Bn | 12.06 Bn | 556.28 Mn | 47.17 Mn |
| 6 | Sterling Infrastructure | 11.02 Bn | 9.35 Bn | 289.96 Mn | 3.09 Mn |
| 7 | IES Holdings | 8.74 Bn | 7.60 Bn | 340.66 Mn | 1.01 Mn |
| 8 | Stantec | 8.11 Bn | 7.04 Bn | 1.36 Bn | - |
| 9 | Aecom | 7.67 Bn | 2.79 Bn | -34.04 Mn | 47.64 Mn |
| 10 | Innovate | 73.09 Mn | -186.21 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 |
API Access
Innovate Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();