Innovate (VATE) Operating Income (2010 - 2026)

Innovate has reported Operating Income for 17 years, with the latest figure at $34.5 million in Q2 2026.

• On a quarterly basis, Operating Income rose 604.08% year-over-year to $34.5 million in Q2 2026; TTM through Jun 2026 was $59.8 million, a 258.08% increase from a year earlier, with the FY2025 full-year figure at $28.7 million, down 28.25% from the prior year.
• Operating Income was $34.5 million for Q2 2026 at Innovate, up from $14.3 million in the prior quarter.
• The five-year high for Operating Income was $34.5 million in Q2 2026, with the low at -$4.0 million in Q1 2023.
• Average Operating Income over 5 years is $8.4 million, with a median of $5.9 million recorded in 2024.
• The largest YoY upside for Operating Income was 1550.0% in 2023 against a maximum downside of 671.43% in 2023.
• Over 5 years, Operating Income stood at $6.5 million in 2022, then surged by 115.38% to $14.0 million in 2023, then sank by 82.14% to $2.5 million in 2024, then jumped by 472.0% to $14.3 million in 2025, then jumped by 141.26% to $34.5 million in 2026.
• The last three Operating Income figures came in at $34.5 million (Q2 2026), $14.3 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.