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

Innovate (VATE) recorded quarterly Profit After Tax of -$4.2 million in Q4 2025, up 56.25% quarter-over-quarter from -$9.6 million in Q3 2025, and up 65.57% on a YoY basis from -$2.5 million in Q4 2024.

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 -$4.2 million for Q4 2025.

  • In Q4 2025, Profit After Tax rose 65.57% year-over-year to -$4.2 million; the TTM figure through Dec 2025 stood at -$60.6 million (down 84.19% YoY), while the FY2025 annual figure was -$60.6 million, down 75.14% from the prior year.
  • Profit After Tax was -$4.2 million for Q4 2025 at Innovate, up from -$9.6 million in the prior quarter.
  • In the past five years, Profit After Tax ranged from a high of $14.4 million in Q2 2024 to a low of -$25.8 million in Q1 2025.
  • Historically, Profit After Tax has averaged -$10.2 million across 5 years, with a median of -$10.8 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Profit After Tax jumped 245.45% in 2024, then plunged 245.83% in 2025.
  • A 5-year view of Profit After Tax shows it stood at -$4.7 million in 2021, then plunged by 151.06% to -$11.8 million in 2022, then jumped by 41.53% to -$6.9 million in 2023, then sank by 76.81% to -$12.2 million in 2024, then jumped by 65.57% to -$4.2 million in 2025.
  • The last three Profit After Tax figures came in at -$4.2 million (Q4 2025), -$9.6 million (Q3 2025), and -$21.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 231.43 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 370.38 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 305.48 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 69.66 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 103.77 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 57.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -88.41 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 110.31 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn -4.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.20 Mn
Sep 30, 2025 -9.60 Mn
Jun 30, 2025 -21.00 Mn
Mar 31, 2025 -25.80 Mn
Dec 31, 2024 -12.20 Mn
Sep 30, 2024 -15.00 Mn
Jun 30, 2024 14.40 Mn
Mar 31, 2024 -20.10 Mn
Dec 31, 2023 -6.90 Mn
Sep 30, 2023 -7.00 Mn
Jun 30, 2023 -9.90 Mn
Mar 31, 2023 -8.00 Mn
Dec 31, 2022 -11.80 Mn
Sep 30, 2022 -6.70 Mn
Jun 30, 2022 -13.90 Mn
Mar 31, 2022 -14.10 Mn
Dec 31, 2021 -4.70 Mn
Sep 30, 2021 -14.20 Mn
Jun 30, 2021 -25.20 Mn
Mar 31, 2021 12.60 Mn