Innovate (VATE) Receivables - Net (2010 - 2025)

Innovate (VATE) recorded quarterly Receivables - Net of $241.1 million in Q4 2025, down 9.22% quarter-over-quarter from $265.6 million in Q3 2025, and up 24.28% on a YoY basis from $194.0 million in Q4 2024.

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

Innovate's Receivables - Net history runs 16 years deep, the most recent figure standing at $241.1 million for Q4 2025.

  • In Q4 2025, Receivables - Net rose 24.28% year-over-year to $241.1 million; the TTM figure through Dec 2025 stood at $241.1 million (up 24.28% YoY), while the FY2025 annual figure was $241.1 million, up 24.28% from the prior year.
  • Receivables - Net was $241.1 million for Q4 2025 at Innovate, down from $265.6 million in the prior quarter.
  • In the past five years, Receivables - Net ranged from a high of $425.0 million in Q3 2021 to a low of $2.3 million in Q2 2024.
  • Historically, Receivables - Net has averaged $239.7 million across 5 years, with a median of $260.2 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Receivables - Net plunged 99.22% in 2024, then soared 10452.17% in 2025.
  • A 5-year view of Receivables - Net shows it stood at $9.9 million in 2021, then surged by 2474.75% to $254.9 million in 2022, then advanced by 9.22% to $278.4 million in 2023, then plunged by 30.32% to $194.0 million in 2024, then climbed by 24.28% to $241.1 million in 2025.
  • The last three Receivables - Net figures came in at $241.1 million (Q4 2025), $265.6 million (Q3 2025), and $242.7 million (Q2 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2025 241.10 Mn
Dec 31, 2025 241.10 Mn
Sep 30, 2025 265.60 Mn
Sep 30, 2025 265.60 Mn
Jun 30, 2025 242.70 Mn
Jun 30, 2025 242.70 Mn
Mar 31, 2025 164.50 Mn
Mar 31, 2025 164.50 Mn
Dec 31, 2024 194.00 Mn
Dec 31, 2024 194.00 Mn
Sep 30, 2024 184.50 Mn
Sep 30, 2024 184.50 Mn
Jun 30, 2024 2.30 Mn
Jun 30, 2024 2.30 Mn
Mar 31, 2024 269.30 Mn
Mar 31, 2024 269.30 Mn
Dec 31, 2023 278.40 Mn
Dec 31, 2023 278.40 Mn
Sep 30, 2023 290.80 Mn
Sep 30, 2023 290.80 Mn