Innovate (VATE) Receivables (2010 - 2025)
Innovate (VATE) posted quarterly Receivables of $128.2 million for Q4 2025, down 57.31% year-over-year from $300.3 million in Q4 2024, and down 62.99% quarter-over-quarter from $346.4 million in Q3 2025.
Innovate (VATE) Receivables (2010 - 2025) Analysis & Trends
Innovate's Receivables history runs 16 years deep, the most recent figure standing at $128.2 million for Q4 2025.
- In Q4 2025, Receivables fell 57.31% year-over-year to $128.2 million; the TTM figure through Dec 2025 stood at $128.2 million (down 57.31% YoY), while the FY2025 annual figure was $305.2 million, up 1.63% from the prior year.
- Receivables for Q4 2025 stood at $128.2 million, 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 $128.2 million in Q4 2025.
- The 5-year median for Receivables is $405.5 million (2022), against an average of $440.5 million.
- The sharpest annual moves came in 2021 and 2025: Receivables surged 85.64% in 2021, then plunged 57.31% in 2025.
- Innovate's Receivables stood at $483.6 million in 2021, then dropped by 13.15% to $420.0 million in 2022, then decreased by 5.48% to $397.0 million in 2023, then decreased by 24.36% to $300.3 million in 2024, then slumped by 57.31% to $128.2 million in 2025.
- Business Quant data shows VATE's Receivables at $128.2 million in Q4 2025, $346.4 million in Q3 2025, and $325.7 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 10.07 Bn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 3.42 Bn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | 3.18 Bn |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 5.50 Bn |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 4.25 Bn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 521.13 Mn |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 2.34 Bn |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | 4.96 Bn |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 753.73 Mn |
| 10 | Innovate | 101.71 Mn | 507,135.29 | 58.90 Mn | 128.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 128.20 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 | 279.40 Mn |
| Mar 31, 2024 | 346.90 Mn |
| Dec 31, 2023 | 397.00 Mn |
| Sep 30, 2023 | 573.80 Mn |
| Jun 30, 2023 | 582.90 Mn |
| Mar 31, 2023 | 503.10 Mn |
| Dec 31, 2022 | 420.00 Mn |
| Sep 30, 2022 | 649.70 Mn |
| Jun 30, 2022 | 414.10 Mn |
| Mar 31, 2022 | 538.60 Mn |
| Dec 31, 2021 | 483.60 Mn |
| Sep 30, 2021 | 839.60 Mn |
| Jun 30, 2021 | 716.90 Mn |
| Mar 31, 2021 | 358.60 Mn |