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| Date | Value |
|---|---|
| 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 |