Innovate (VATE) Profit After Tax (2010 - 2025)

Innovate (VATE) posted quarterly Profit After Tax of -$10.8 million for Q4 2025, up 37.57% year-over-year from -$7.9 million in Q4 2024, and down 21.35% quarter-over-quarter from -$8.9 million in Q3 2025.

Innovate (VATE) Profit After Tax (2010 - 2025) Analysis & Trends

Innovate's Profit After Tax history runs 16 years deep, the most recent figure standing at -$10.8 million for Q4 2025.

  • In Q4 2025, Profit After Tax rose 37.57% year-over-year to -$10.8 million; the TTM figure through Dec 2025 stood at -$64.3 million (down 67.01% YoY), while the FY2025 annual figure was -$64.0 million, down 61.21% from the prior year.
  • Profit After Tax for Q4 2025 stood at -$10.8 million, down from -$8.9 million in the prior quarter.
  • The five-year high for Profit After Tax was $13.9 million in Q2 2024, with the low at -$146.7 million in Q4 2021.
  • The 5-year median for Profit After Tax is -$12.6 million (2022), against an average of -$17.8 million.
  • The sharpest annual moves came in 2021 and 2024: Profit After Tax plunged 2667.92% in 2021, then soared 218.8% in 2024.
  • Innovate's Profit After Tax stood at -$146.7 million in 2021, then surged by 95.02% to -$7.3 million in 2022, then climbed by 5.48% to -$6.9 million in 2023, then sank by 150.72% to -$17.3 million in 2024, then surged by 37.57% to -$10.8 million in 2025.
  • Business Quant data shows VATE's Profit After Tax at -$10.8 million in Q4 2025, -$8.9 million in Q3 2025, and -$19.8 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Quanta Services 105.36 Bn 104.85 Bn 1.55 Bn 459.58 Mn
2 Comfort Systems Usa 62.33 Bn 60.47 Bn 844.23 Mn 441.60 Mn
3 Ferrovial 47.73 Bn 42.74 Bn - -
4 Emcor 36.51 Bn 35.58 Bn 1.02 Bn 403.69 Mn
5 Mastec 21.12 Bn 20.80 Bn 556.28 Mn 145.74 Mn
6 APi 17.97 Bn 17.12 Bn 703.00 Mn 99.00 Mn
7 Jacobs Solutions 16.72 Bn 15.35 Bn 794.89 Mn -45.88 Mn
8 Sterling Infrastructure 16.57 Bn 16.06 Bn 194.30 Mn 103.77 Mn
9 IES Holdings 14.94 Bn 14.56 Bn 340.66 Mn 153.55 Mn
10 Innovate 104.15 Mn -7.95 Mn 58.90 Mn -10.80 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -10.80 Mn
Sep 30, 2025 -8.90 Mn
Jun 30, 2025 -19.80 Mn
Mar 31, 2025 -24.80 Mn
Dec 31, 2024 -17.30 Mn
Sep 30, 2024 -15.00 Mn
Jun 30, 2024 13.90 Mn
Mar 31, 2024 -20.10 Mn
Dec 31, 2023 -6.90 Mn
Sep 30, 2023 -8.60 Mn
Jun 30, 2023 -11.70 Mn
Mar 31, 2023 -10.20 Mn
Dec 31, 2022 -7.30 Mn
Sep 30, 2022 -6.70 Mn
Jun 30, 2022 -13.60 Mn
Mar 31, 2022 -13.60 Mn
Dec 31, 2021 -146.70 Mn
Sep 30, 2021 -14.20 Mn
Jun 30, 2021 -23.50 Mn
Mar 31, 2021 9.00 Mn