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

Innovate (VATE) posted quarterly Receivables - Net of $64.1 million for Q4 2025, down 66.96% year-over-year from $194.0 million in Q4 2024, and down 75.87% quarter-over-quarter from $265.6 million in Q3 2025.

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

Innovate's Receivables - Net history runs 16 years deep, the most recent figure standing at $64.1 million for Q4 2025.

  • In Q4 2025, Receivables - Net fell 66.96% year-over-year to $64.1 million; the TTM figure through Dec 2025 stood at $64.1 million (down 66.96% YoY), while the FY2025 annual figure was $241.1 million, up 24.28% from the prior year.
  • Receivables - Net for Q4 2025 stood at $64.1 million, down from $265.6 million in the prior quarter.
  • The five-year high for Receivables - Net was $425.0 million in Q3 2021, with the low at $64.1 million in Q4 2025.
  • The 5-year median for Receivables - Net is $254.3 million (2022), against an average of $245.7 million.
  • The sharpest annual moves came in 2023 and 2025: Receivables - Net soared 92.27% in 2023, then plunged 66.96% in 2025.
  • Innovate's Receivables - Net stood at $247.1 million in 2021, then grew by 3.16% to $254.9 million in 2022, then gained by 9.22% to $278.4 million in 2023, then tumbled by 30.32% to $194.0 million in 2024, then slumped by 66.96% to $64.1 million in 2025.
  • Business Quant data shows VATE's Receivables - Net at $64.1 million in Q4 2025, $265.6 million in Q3 2025, and $242.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn
3 Ferrovial 47.62 Bn 42.63 Bn -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn
10 Innovate 101.71 Mn 507,135.29 58.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 64.10 Mn
Dec 31, 2025 64.10 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 190.80 Mn
Sep 30, 2024 190.80 Mn
Jun 30, 2024 178.20 Mn
Jun 30, 2024 178.20 Mn
Mar 31, 2024 264.70 Mn
Mar 31, 2024 264.70 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