Innovate (VATE) Shares Outstanding (Diluted Average) (2010 - 2025)

Innovate (VATE) recorded quarterly Shares Outstanding (Diluted Average) of $13.2 million in Q4 2025, little changed quarter-over-quarter from $13.2 million in Q3 2025, and up 23.57% on a YoY basis from $10.7 million in Q4 2024.

Innovate (VATE) Shares Outstanding (Diluted Average) (2010 - 2025) Analysis & Trends

Innovate's Shares Outstanding (Diluted Average) history runs 15 years deep, the most recent figure standing at $13.2 million for Q4 2025.

  • In Q4 2025, Shares Outstanding (Diluted Average) rose 23.57% year-over-year to $13.2 million; the TTM figure through Dec 2025 stood at $13.2 million (up 23.57% YoY), while the FY2025 annual figure was $13.2 million, up 23.57% from the prior year.
  • Shares Outstanding (Diluted Average) was $13.2 million for Q4 2025 at Innovate, roughly flat from $13.2 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $77.9 million in Q2 2023 to a low of $7.8 million in Q4 2023.
  • Historically, Shares Outstanding (Diluted Average) has averaged $44.4 million across 5 years, with a median of $45.7 million in 2021.
  • The sharpest annual moves came in 2021 and 2023: Shares Outstanding (Diluted Average) jumped 67.54% in 2021, then plunged 89.92% in 2023.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $77.1 million in 2021, then grew by 0.52% to $77.5 million in 2022, then slumped by 89.92% to $7.8 million in 2023, then surged by 36.88% to $10.7 million in 2024, then increased by 23.57% to $13.2 million in 2025.
  • The last three Shares Outstanding (Diluted Average) figures came in at $13.2 million (Q4 2025), $13.2 million (Q3 2025), and $13.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 152.09 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn -
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 78.78 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 31.04 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 435.08 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 20.18 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn 13.22 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 13.22 Mn
Sep 30, 2025 13.18 Mn
Jun 30, 2025 13.15 Mn
Mar 31, 2025 13.11 Mn
Dec 31, 2024 10.70 Mn
Sep 30, 2024 12.97 Mn
Jun 30, 2024 14.43 Mn
Mar 31, 2024 7.87 Mn
Dec 31, 2023 7.81 Mn
Sep 30, 2023 7.84 Mn
Jun 30, 2023 77.92 Mn
Mar 31, 2023 77.70 Mn
Dec 31, 2022 77.50 Mn
Sep 30, 2022 77.50 Mn
Jun 30, 2022 77.50 Mn
Mar 31, 2022 77.30 Mn
Dec 31, 2021 77.10 Mn
Sep 30, 2021 77.20 Mn
Jun 30, 2021 77.00 Mn
Mar 31, 2021 76.90 Mn