Innovate (VATE) Tax Provisions (2010 - 2026)
Innovate's Tax Provisions came in at $13.1 million for Q2 2026, up 211.9% from $4.2 million a year earlier.
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Analysis
Innovate (VATE) Tax Provisions (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Innovate reported Tax Provisions of $8.5 million, down 49.4% year-over-year; for FY2025, it was $2.5 million, down 60.3% from FY2024.
- Tax Provisions carries a five-year compound annual growth rate of -18.6% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $6.3 million in FY2024 (+40.0%), $4.5 million in FY2023 (+400.0%), $900,000 in FY2022 (-83.9%) and $5.6 million in FY2021 (-20.0%).
- The Q2 2026 figure represents the highest quarterly Tax Provisions since Q4 2016.
- The fastest year-over-year change in Tax Provisions over five years came in Q1 2024 (growth of 266.7%), and the weakest in Q3 2021 (a decline of 92.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 90.54 Bn | 88.62 Bn | 1.55 Bn | 157.58 Mn |
| 2 | Ferrovial | 36.11 Bn | 14.36 Bn | - | - |
| 3 | Emcor | 30.66 Bn | 27.05 Bn | 1.02 Bn | 147.97 Mn |
| 4 | Jacobs Solutions | 16.65 Bn | 11.31 Bn | 810.70 Mn | 104.64 Mn |
| 5 | Mastec | 14.16 Bn | 12.95 Bn | 556.28 Mn | 48.00 Mn |
| 6 | Sterling Infrastructure | 12.71 Bn | 11.04 Bn | 289.96 Mn | 51.32 Mn |
| 7 | IES Holdings | 9.33 Bn | 8.19 Bn | 340.66 Mn | 51.29 Mn |
| 8 | Stantec | 7.97 Bn | 6.90 Bn | 1.36 Bn | 61.88 Mn |
| 9 | Aecom | 7.67 Bn | 2.79 Bn | -34.04 Mn | -26.57 Mn |
| 10 | Innovate | 76.30 Mn | -183.00 Mn | 79.50 Mn | 13.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.10 Mn |
| Dec 31, 2025 | -1.70 Mn |
| Sep 30, 2025 | -7.10 Mn |
| Jun 30, 2025 | 4.20 Mn |
| Mar 31, 2025 | 7.10 Mn |
| Dec 31, 2024 | 2.40 Mn |
| Sep 30, 2024 | 3.10 Mn |
| Jun 30, 2024 | -2.50 Mn |
| Mar 31, 2024 | 3.30 Mn |
| Dec 31, 2023 | 1.30 Mn |
| Sep 30, 2023 | 1.10 Mn |
| Jun 30, 2023 | 1.20 Mn |
| Mar 31, 2023 | 900,000.00 |
| Dec 31, 2022 | -700,000.00 |
| Sep 30, 2022 | -2.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 1.60 Mn |
| Dec 31, 2021 | 1.80 Mn |
| Sep 30, 2021 | 100,000.00 |
| Jun 30, 2021 | 2.60 Mn |
API Access
Innovate Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();