Innovate (VATE) Retained Earnings (2010 - 2025)

Innovate (VATE) posted quarterly Retained Earnings of -$2.1 million for Q4 2025, up 34.38% year-over-year from -$1.6 million in Q4 2024, and up 99.63% quarter-over-quarter from -$575.1 million in Q3 2025.

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 for Q4 2025 stood at -$2.1 million, up from -$575.1 million in the prior quarter.
  • The five-year high for Retained Earnings was $6.4 million in Q4 2021, with the low at -$575.1 million in Q3 2025.
  • The 5-year median for Retained Earnings is -$437.5 million (2022), against an average of -$287.0 million.
  • The sharpest annual moves came in 2021 and 2024: Retained Earnings jumped 103.39% in 2021, then tumbled 20954.17% in 2024.
  • Innovate's Retained Earnings stood at $6.4 million in 2021, then sank by 7164.06% to -$452.1 million in 2022, then decreased by 7.79% to -$487.3 million in 2023, then soared by 99.34% to -$3.2 million in 2024, then soared by 34.38% to -$2.1 million in 2025.
  • Business Quant data shows VATE's Retained Earnings at -$2.1 million in Q4 2025, -$575.1 million in Q3 2025, and -$2.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 7.31 Bn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 3.34 Bn
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 6.68 Bn
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 2.90 Bn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 968.62 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 3.26 Bn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn -715.68 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 1.15 Bn
10 Innovate 101.71 Mn 507,135.29 58.90 Mn -2.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -2.10 Mn
Sep 30, 2025 -575.10 Mn
Jun 30, 2025 -2.20 Mn
Mar 31, 2025 -546.40 Mn
Dec 31, 2024 -3.20 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 -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 4.70 Mn
Mar 31, 2022 -428.60 Mn
Dec 31, 2021 6.40 Mn
Sep 30, 2021 3.20 Mn
Jun 30, 2021 -199.60 Mn
Mar 31, 2021 -176.10 Mn