Innovate (VATE) Receivables (2010 - 2025)

Innovate (VATE) posted quarterly Receivables of $305.2 million for Q4 2025, up 1.63% year-over-year from $300.3 million in Q4 2024, and down 11.89% on a QoQ basis from $346.4 million in Q3 2025.

Innovate (VATE) Receivables (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported Receivables for 16 consecutive years, with $305.2 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Receivables rose 1.63% year-over-year to $305.2 million; the TTM figure through Dec 2025 stood at $305.2 million (up 1.63% YoY), while the FY2025 annual figure was $305.2 million, up 1.63% from the prior year.
  • Receivables came in at $305.2 million for Q4 2025 at Innovate, down from $346.4 million in the prior quarter.
  • The five-year high for Receivables was $839.6 million in Q3 2021, with the low at $101.3 million in Q2 2024.
  • Average Receivables over 5 years is $397.5 million, with a median of $362.2 million recorded in 2021.
  • Across the five-year window, Receivables slumped 82.62% in 2024 and surged 221.52% in 2025, its largest moves.
  • Year by year, Receivables stood at $365.7 million in 2021, then advanced by 14.85% to $420.0 million in 2022, then slumped by 71.76% to $118.6 million in 2023, then soared by 153.2% to $300.3 million in 2024, then rose by 1.63% to $305.2 million in 2025.
  • According to Business Quant data, Receivables over the past three periods registered $305.2 million, $346.4 million, and $325.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 1.48 Bn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 7.60 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 3.87 Bn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn -
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 2.08 Bn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 4.96 Bn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 678.92 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 3.12 Bn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 1.04 Bn
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn 305.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 305.20 Mn
Sep 30, 2025 346.40 Mn
Jun 30, 2025 325.70 Mn
Mar 31, 2025 299.80 Mn
Dec 31, 2024 300.30 Mn
Sep 30, 2024 304.60 Mn
Jun 30, 2024 103.50 Mn
Mar 31, 2024 351.50 Mn
Dec 31, 2023 118.60 Mn
Sep 30, 2023 573.80 Mn
Jun 30, 2023 468.90 Mn
Mar 31, 2023 433.90 Mn
Dec 31, 2022 420.00 Mn
Sep 30, 2022 649.70 Mn
Jun 30, 2022 423.80 Mn
Mar 31, 2022 538.60 Mn
Dec 31, 2021 128.50 Mn
Sep 30, 2021 839.60 Mn
Jun 30, 2021 716.90 Mn
Mar 31, 2021 358.60 Mn