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