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