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

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

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

Innovate (VATE) has reported Profit After Tax for 16 consecutive years, with -$4.2 million the latest figure, recorded in 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 came in at -$4.2 million for Q4 2025 at Innovate, up from -$9.6 million in the prior quarter.
  • The five-year high for Profit After Tax was $14.4 million in Q2 2024, with the low at -$25.8 million in Q1 2025.
  • Average Profit After Tax over 5 years is -$10.2 million, with a median of -$10.8 million recorded in 2022.
  • Across the five-year window, Profit After Tax jumped 245.45% in 2024 and sank 245.83% in 2025, its largest moves.
  • Year by year, Profit After Tax stood at -$4.7 million in 2021, then sank by 151.06% to -$11.8 million in 2022, then jumped by 41.53% to -$6.9 million in 2023, then slumped by 76.81% to -$12.2 million in 2024, then jumped by 65.57% to -$4.2 million in 2025.
  • According to Business Quant data, Profit After Tax over the past three periods registered -$4.2 million, -$9.6 million, and -$21.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 110.80 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 231.43 Mn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 69.66 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 103.77 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 57.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -88.41 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 110.31 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 190.45 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 58.32 Mn
10 Innovate 219.28 Mn 121.08 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