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% quarter-over-quarter from $347.1 million in Q3 2025.
Innovate (VATE) Revenue (2010 - 2025) Analysis & Trends
Innovate's Revenue history runs 16 years deep, the most recent figure standing at $382.7 million for 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 for Q4 2025 stood at $382.7 million, 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.
- The 5-year median for Revenue is $354.0 million (2023), against an average of $330.9 million.
- The sharpest annual moves came in 2022 and 2024: Revenue surged 140.28% in 2022, then sank 35.46% in 2024.
- Innovate's Revenue stood at $394.8 million in 2021, then advanced by 3.67% to $409.3 million in 2022, then fell by 11.8% to $361.0 million in 2023, then tumbled by 34.46% to $236.6 million in 2024, then surged by 61.75% to $382.7 million in 2025.
- Business Quant data shows VATE's Revenue at $382.7 million in Q4 2025, $347.1 million in Q3 2025, and $242.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 9.56 Bn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 3.27 Bn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 5.15 Bn |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 4.37 Bn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 825.68 Mn |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 2.25 Bn |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | 3.69 Bn |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 1.24 Bn |
| 10 | Innovate | 101.71 Mn | 507,135.29 | 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 |