Innovate (VATE) Operating Expenses (2016 - 2025)
Innovate (VATE) has 16 years of Operating Expenses data on record, last reported at $45.3 million in Q3 2025.
- For Q3 2025, Operating Expenses rose 4.14% year-over-year to $45.3 million; the TTM value through Sep 2025 reached $135.6 million, down 7.31%, while the annual FY2024 figure was $185.2 million, 3.99% down from the prior year.
- Operating Expenses reached $45.3 million in Q3 2025 per VATE's latest filing, up from $40.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $56.1 million in Q4 2022 and bottomed at $6.0 million in Q4 2024.
- Average Operating Expenses over 5 years is $43.5 million, with a median of $47.3 million recorded in 2023.
- The widest YoY moves for Operating Expenses: up 123.87% in 2021, down 91.14% in 2021.
- A 5-year view of Operating Expenses shows it stood at $54.7 million in 2021, then grew by 2.56% to $56.1 million in 2022, then plummeted by 86.63% to $7.5 million in 2023, then dropped by 20.0% to $6.0 million in 2024, then surged by 655.0% to $45.3 million in 2025.
- Per Business Quant database, its latest 3 readings for Operating Expenses were $45.3 million in Q3 2025, $40.6 million in Q2 2025, and $43.7 million in Q1 2025.