Innovate (VATE) Operating Income (2010 - 2026)
Innovate (VATE) posted Operating Income of $34.5 million for Q2 2026, up 604.1% from $4.9 million a year earlier.
Powered by 
Analysis
Innovate (VATE) Operating Income (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Innovate was $59.8 million, up 258.1% year-over-year; for FY2025, it came in at $28.7 million, down 28.3% from FY2024.
- In prior years, Innovate's Operating Income was $40 million in FY2024 (+50.9%), $26.5 million in FY2023 (+97.8%), $13.4 million in FY2022 and -$10.6 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Operating Income in data going back to Q2 2010.
- On a year-over-year basis, Operating Income increased in four of the last seven quarters, with growth averaging 127.3%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q2 2026, with growth of 604.1%; the weakest was Q2 2025, with a decline of 83.0%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 90.91 Bn | 88.99 Bn | 1.55 Bn | 694.83 Mn |
| 2 | Ferrovial | 35.95 Bn | 14.20 Bn | - | - |
| 3 | Emcor | 30.73 Bn | 27.12 Bn | 1.02 Bn | 547.34 Mn |
| 4 | Jacobs Solutions | 16.56 Bn | 11.23 Bn | 810.70 Mn | 286.70 Mn |
| 5 | Mastec | 14.24 Bn | 13.03 Bn | 556.28 Mn | 226.20 Mn |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 219.26 Mn |
| 7 | IES Holdings | 9.39 Bn | 8.25 Bn | 340.66 Mn | 178.55 Mn |
| 8 | Stantec | 7.98 Bn | 6.91 Bn | 1.36 Bn | 390.52 Mn |
| 9 | Aecom | 7.66 Bn | 2.78 Bn | -34.04 Mn | -75.98 Mn |
| 10 | Innovate | 76.30 Mn | -183.00 Mn | 79.50 Mn | 34.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.50 Mn |
| Dec 31, 2025 | 14.30 Mn |
| Sep 30, 2025 | 6.10 Mn |
| Jun 30, 2025 | 4.90 Mn |
| Mar 31, 2025 | 3.40 Mn |
| Dec 31, 2024 | 2.50 Mn |
| Sep 30, 2024 | 5.90 Mn |
| Jun 30, 2024 | 28.80 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Dec 31, 2023 | 14.00 Mn |
| Sep 30, 2023 | 10.70 Mn |
| Jun 30, 2023 | 5.80 Mn |
| Mar 31, 2023 | -4.00 Mn |
| Dec 31, 2022 | 6.50 Mn |
| Sep 30, 2022 | 6.60 Mn |
| Jun 30, 2022 | -400,000.00 |
| Mar 31, 2022 | 700,000.00 |
| Dec 31, 2021 | 6.90 Mn |
| Sep 30, 2021 | 1.10 Mn |
| Jun 30, 2021 | -7.70 Mn |
API Access
Innovate Operating Income 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=operating-income&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();