Innovate (VATE) Retained Earnings (2010 - 2026)
Innovate (VATE) posted Retained Earnings of -$588.6 million for Q2 2026, down 1.05% on a QoQ basis from -$582.5 million in Q4 2025, and down 3.96% year-over-year from -$612.8 million in Q2 2025.
Analysis
Innovate (VATE) Retained Earnings (2010 - 2026) Analysis & Trends
Innovate has reported Retained Earnings for 17 years, with the latest figure at -$588.6 million in Q2 2026.
- On a quarterly basis, Retained Earnings fell 3.96% year-over-year to -$588.6 million in Q2 2026; TTM through Jun 2026 was -$588.6 million, a 3.96% decrease from a year earlier, with the FY2025 full-year figure at -$582.5 million, down 11.61% from the prior year.
- Retained Earnings was -$588.6 million for Q2 2026 at Innovate, down from -$582.5 million in the prior quarter.
- The five-year high for Retained Earnings was -$428.6 million in Q1 2022, with the low at -$588.6 million in Q2 2026.
- Average Retained Earnings over 5 years is -$502.7 million, with a median of -$490.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Retained Earnings slumped 299.26% in 2022, then decreased 3.96% in 2026.
- Over 5 years, Retained Earnings stood at -$452.1 million in 2022, then dropped by 7.79% to -$487.3 million in 2023, then retreated by 7.1% to -$521.9 million in 2024, then retreated by 11.61% to -$582.5 million in 2025, then decreased by 1.05% to -$588.6 million in 2026.
- The last three Retained Earnings figures came in at -$588.6 million (Q2 2026), -$582.5 million (Q4 2025), and -$575.1 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 6.68 Bn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 946.46 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 1.12 Bn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | 4.68 Bn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | - |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 2.98 Bn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 491.54 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 1.07 Bn |
| 10 | Innovate | 97.81 Mn | 24.61 Mn | 79.50 Mn | -588.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -588.60 Mn |
| Dec 31, 2025 | -582.50 Mn |
| Sep 30, 2025 | -575.10 Mn |
| Jun 30, 2025 | -566.20 Mn |
| Mar 31, 2025 | -546.40 Mn |
| Dec 31, 2024 | -521.90 Mn |
| Sep 30, 2024 | -505.30 Mn |
| Jun 30, 2024 | -490.30 Mn |
| Mar 31, 2024 | -504.70 Mn |
| Dec 31, 2023 | -487.30 Mn |
| Sep 30, 2023 | -478.00 Mn |
| Jun 30, 2023 | -471.00 Mn |
| Mar 31, 2023 | -461.10 Mn |
| Dec 31, 2022 | -452.10 Mn |
| Sep 30, 2022 | -446.40 Mn |
| Jun 30, 2022 | -441.00 Mn |
| Mar 31, 2022 | -428.60 Mn |
| Dec 31, 2021 | -416.20 Mn |
| Sep 30, 2021 | -411.50 Mn |
| Jun 30, 2021 | 338.20 Mn |