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