Innovate (VATE) Tax Provisions (2010 - 2025)

Innovate (VATE) posted quarterly Tax Provisions of -$1.7 million for Q4 2025, down 170.83% year-over-year from $2.4 million in Q4 2024, and up 76.06% quarter-over-quarter from -$7.1 million in Q3 2025.

Innovate (VATE) Tax Provisions (2010 - 2025) Analysis & Trends

Innovate's Tax Provisions history runs 16 years deep, the most recent figure standing at -$1.7 million for Q4 2025.

  • In Q4 2025, Tax Provisions fell 170.83% year-over-year to -$1.7 million; the TTM figure through Dec 2025 stood at $2.5 million (down 60.32% YoY), while the FY2025 annual figure was $2.5 million, down 60.32% from the prior year.
  • Tax Provisions for Q4 2025 stood at -$1.7 million, up from -$7.1 million in the prior quarter.
  • The five-year high for Tax Provisions was $7.1 million in Q1 2025, with the low at -$7.1 million in Q3 2025.
  • The 5-year median for Tax Provisions is $1.2 million (2022), against an average of $1.1 million.
  • The sharpest annual moves came in 2022 and 2025: Tax Provisions sank 2100.0% in 2022, then surged 268.0% in 2025.
  • Innovate's Tax Provisions stood at $1.8 million in 2021, then plunged by 33.33% to $1.2 million in 2022, then climbed by 8.33% to $1.3 million in 2023, then soared by 84.62% to $2.4 million in 2024, then tumbled by 170.83% to -$1.7 million in 2025.
  • Business Quant data shows VATE's Tax Provisions at -$1.7 million in Q4 2025, -$7.1 million in Q3 2025, and $4.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 157.58 Mn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 124.64 Mn
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 147.97 Mn
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 48.00 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 33.67 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 39.00 Mn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn -45.09 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 51.29 Mn
10 Innovate 101.71 Mn 507,135.29 58.90 Mn -1.70 Mn

Historic Data

Download Data
DateValue
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 1.20 Mn
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
Mar 31, 2021 1.10 Mn