Cash Flow Statement
Growth Metrics

Innovate (VATE) Operating Income (2016 - 2025)

Innovate has reported Operating Income over the past 16 years, most recently at $14.3 million for Q4 2025.

  • Quarterly results put Operating Income at $14.3 million for Q4 2025, up 472.0% from a year ago — trailing twelve months through Dec 2025 was $28.7 million (down 28.25% YoY), and the annual figure for FY2025 was $28.7 million, down 28.25%.
  • Operating Income for Q4 2025 was $14.3 million at Innovate, up from $6.1 million in the prior quarter.
  • Over the last five years, Operating Income for VATE hit a ceiling of $28.8 million in Q2 2024 and a floor of -$10.9 million in Q1 2021.
  • Median Operating Income over the past 5 years was $5.4 million (2023), compared with a mean of $4.9 million.
  • Peak annual rise in Operating Income hit 1550.0% in 2023, while the deepest fall reached 671.43% in 2023.
  • Innovate's Operating Income stood at $6.9 million in 2021, then decreased by 5.8% to $6.5 million in 2022, then surged by 115.38% to $14.0 million in 2023, then tumbled by 82.14% to $2.5 million in 2024, then skyrocketed by 472.0% to $14.3 million in 2025.
  • The last three reported values for Operating Income were $14.3 million (Q4 2025), $6.1 million (Q3 2025), and $4.9 million (Q2 2025) per Business Quant data.