Innovate (VATE) Payables (2010 - 2025)

Innovate (VATE) posted quarterly Payables of $141.4 million for Q4 2025, up 66.75% year-over-year from $84.8 million in Q4 2024, and up 41.54% on a QoQ basis from $99.9 million in Q3 2025.

Innovate (VATE) Payables (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported Payables for 16 consecutive years, with $141.4 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Payables rose 66.75% year-over-year to $141.4 million; the TTM figure through Dec 2025 stood at $141.4 million (up 66.75% YoY), while the FY2025 annual figure was $141.4 million, up 66.75% from the prior year.
  • Payables came in at $141.4 million for Q4 2025 at Innovate, up from $99.9 million in the prior quarter.
  • The five-year high for Payables was $213.0 million in Q3 2022, with the low at $70.2 million in Q1 2021.
  • Average Payables over 5 years is $141.1 million, with a median of $142.2 million recorded in 2023.
  • Across the five-year window, Payables tumbled 79.01% in 2021 and surged 185.47% in 2022, its largest moves.
  • Year by year, Payables stood at $179.2 million in 2021, then grew by 13.0% to $202.5 million in 2022, then decreased by 29.43% to $142.9 million in 2023, then slumped by 40.66% to $84.8 million in 2024, then jumped by 66.75% to $141.4 million in 2025.
  • According to Business Quant data, Payables over the past three periods registered $141.4 million, $99.9 million, and $80.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 1.03 Bn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 4.74 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 1.32 Bn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 234.48 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 506.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 1.48 Bn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 546.49 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 2.26 Bn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 259.87 Mn
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn 141.40 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 141.40 Mn
Sep 30, 2025 99.90 Mn
Jun 30, 2025 80.20 Mn
Mar 31, 2025 104.70 Mn
Dec 31, 2024 84.80 Mn
Sep 30, 2024 83.70 Mn
Jun 30, 2024 90.40 Mn
Mar 31, 2024 122.90 Mn
Dec 31, 2023 142.90 Mn
Sep 30, 2023 149.20 Mn
Jun 30, 2023 188.70 Mn
Mar 31, 2023 167.00 Mn
Dec 31, 2022 202.50 Mn
Sep 30, 2022 213.00 Mn
Jun 30, 2022 182.40 Mn
Mar 31, 2022 200.40 Mn
Dec 31, 2021 179.20 Mn
Sep 30, 2021 183.20 Mn
Jun 30, 2021 135.10 Mn
Mar 31, 2021 70.20 Mn