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
DateValue
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