Innovate (VATE) Retained Earnings (2010 - 2025)

Innovate (VATE) recorded quarterly Retained Earnings of -$2.1 million in Q4 2025, up 12.5% quarter-over-quarter from -$2.4 million in Q3 2025, and up 34.38% on a YoY basis from -$1.6 million in Q4 2024.

Innovate (VATE) Retained Earnings (2010 - 2025) Analysis & Trends

Innovate's Retained Earnings history runs 16 years deep, the most recent figure standing at -$2.1 million for Q4 2025.

  • In Q4 2025, Retained Earnings rose 34.38% year-over-year to -$2.1 million; the TTM figure through Dec 2025 stood at -$2.1 million (up 34.38% YoY), while the FY2025 annual figure was -$2.1 million, up 34.38% from the prior year.
  • Retained Earnings was -$2.1 million for Q4 2025 at Innovate, up from -$2.4 million in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $7.0 million in Q1 2022 to a low of -$505.3 million in Q3 2024.
  • Historically, Retained Earnings has averaged -$249.1 million across 5 years, with a median of -$305.6 million in 2021.
  • The sharpest annual moves came in 2022 and 2024: Retained Earnings soared 103.98% in 2022, then plunged 20954.17% in 2024.
  • A 5-year view of Retained Earnings shows it stood at -$416.2 million in 2021, then dropped by 8.63% to -$452.1 million in 2022, then slipped by 7.79% to -$487.3 million in 2023, then jumped by 99.34% to -$3.2 million in 2024, then jumped by 34.38% to -$2.1 million in 2025.
  • The last three Retained Earnings figures came in at -$2.1 million (Q4 2025), -$2.4 million (Q3 2025), and -$2.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 6.88 Bn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 2.93 Bn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 6.29 Bn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 2.77 Bn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 968.62 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn -397.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 963.17 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 1.00 Bn
9 Dycom Industries 13.61 Bn 12.90 Bn - 1.47 Bn
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn -2.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -2.10 Mn
Sep 30, 2025 -2.40 Mn
Jun 30, 2025 -2.20 Mn
Mar 31, 2025 -3.00 Mn
Dec 31, 2024 -3.20 Mn
Sep 30, 2024 -505.30 Mn
Jun 30, 2024 -1.70 Mn
Mar 31, 2024 -504.70 Mn
Dec 31, 2023 -487.30 Mn
Sep 30, 2023 -2.40 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 7.00 Mn
Dec 31, 2021 -416.20 Mn
Sep 30, 2021 -411.50 Mn
Jun 30, 2021 -199.60 Mn
Mar 31, 2021 -176.10 Mn