Innovate (VATE) Payables (2010 - 2026)
Innovate's Payables came in at $137.2 million for Q2 2026, up 71.1% from $80.2 million a year earlier.
Analysis
Innovate (VATE) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Innovate's Payables was $140.5 million, up 65.7% from FY2024.
- Payables carries a five-year compound annual growth rate of 15.1% (FY2020 to FY2025).
- Going back by year, Payables was $84.8 million in FY2024 (-40.7%), $142.9 million in FY2023 (-29.4%), $202.5 million in FY2022 (+13.0%) and $179.2 million in FY2021 (+157.1%).
- The five-year range for quarterly Payables is $80.2 million (Q2 2025) to $213 million (Q3 2022).
- Year-over-year, Payables increased in three of the last seven quarters, with growth averaging 6.5%.
- The fastest year-over-year change in Payables over five years came in Q1 2022 (growth of 185.5%), and the weakest in Q2 2024 (a decline of 52.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.81 Bn | 87.89 Bn | 1.55 Bn | 5.75 Bn |
| 2 | Ferrovial | 35.40 Bn | 13.65 Bn | - | 4.91 Bn |
| 3 | Emcor | 31.21 Bn | 27.60 Bn | 1.02 Bn | 1.25 Bn |
| 4 | Jacobs Solutions | 16.43 Bn | 11.10 Bn | 810.70 Mn | 1.78 Bn |
| 5 | Mastec | 14.65 Bn | 13.43 Bn | 556.28 Mn | 1.47 Bn |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 316.02 Mn |
| 7 | IES Holdings | 9.64 Bn | 8.50 Bn | 340.66 Mn | 584.15 Mn |
| 8 | Stantec | 7.86 Bn | 6.79 Bn | 1.36 Bn | 751.43 Mn |
| 9 | Aecom | 7.59 Bn | 2.71 Bn | -34.04 Mn | 2.38 Bn |
| 10 | Innovate | 78.43 Mn | -180.87 Mn | 79.50 Mn | 137.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 137.20 Mn |
| Dec 31, 2025 | 140.50 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 |
API Access
Innovate Payables 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=payables&ticker=VATE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();