Innovate (VATE) Revenue (2010 - 2025)
Innovate (VATE) posted quarterly Revenue of $382.7 million for Q4 2025, up 61.75% year-over-year from $236.6 million in Q4 2024, and up 10.26% on a QoQ basis from $347.1 million in Q3 2025.
Innovate (VATE) Revenue (2010 - 2025) Analysis & Trends
Innovate (VATE) has reported Revenue for 16 consecutive years, with $382.7 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Revenue rose 61.75% year-over-year to $382.7 million; the TTM figure through Dec 2025 stood at $1.2 billion (up 12.55% YoY), while the FY2025 annual figure was $1.2 billion, up 12.55% from the prior year.
- Revenue came in at $382.7 million for Q4 2025 at Innovate, up from $347.1 million in the prior quarter.
- The five-year high for Revenue was $423.0 million in Q3 2022, with the low at $171.8 million in Q1 2021.
- Average Revenue over 5 years is $330.9 million, with a median of $354.0 million recorded in 2023.
- Across the five-year window, Revenue soared 140.28% in 2022 and tumbled 35.46% in 2024, its largest moves.
- Year by year, Revenue stood at $394.8 million in 2021, then rose by 3.67% to $409.3 million in 2022, then dropped by 11.8% to $361.0 million in 2023, then sank by 34.46% to $236.6 million in 2024, then soared by 61.75% to $382.7 million in 2025.
- According to Business Quant data, Revenue over the past three periods registered $382.7 million, $347.1 million, and $242.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 2.07 Bn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 7.87 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 3.83 Bn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 825.68 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 1.98 Bn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 3.69 Bn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 974.28 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 3.80 Bn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 1.04 Bn |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 58.90 Mn | 382.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 382.70 Mn |
| Sep 30, 2025 | 347.10 Mn |
| Jun 30, 2025 | 242.00 Mn |
| Mar 31, 2025 | 274.20 Mn |
| Dec 31, 2024 | 236.60 Mn |
| Sep 30, 2024 | 242.20 Mn |
| Jun 30, 2024 | 313.10 Mn |
| Mar 31, 2024 | 315.20 Mn |
| Dec 31, 2023 | 361.00 Mn |
| Sep 30, 2023 | 375.30 Mn |
| Jun 30, 2023 | 368.80 Mn |
| Mar 31, 2023 | 317.90 Mn |
| Dec 31, 2022 | 409.30 Mn |
| Sep 30, 2022 | 423.00 Mn |
| Jun 30, 2022 | 392.20 Mn |
| Mar 31, 2022 | 412.80 Mn |
| Dec 31, 2021 | 394.80 Mn |
| Sep 30, 2021 | 394.80 Mn |
| Jun 30, 2021 | 243.80 Mn |
| Mar 31, 2021 | 171.80 Mn |