Innovate (VATE) Tax Provisions (2010 - 2026)
Innovate (VATE) posted Tax Provisions of $13.1 million for Q2 2026, up 870.59% on a QoQ basis from -$1.7 million in Q4 2025, and up 211.9% year-over-year from $4.2 million in Q2 2025.
Analysis
Innovate (VATE) Tax Provisions (2010 - 2026) Analysis & Trends
Innovate has reported Tax Provisions for 17 years, with the latest figure at $13.1 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 211.9% year-over-year to $13.1 million in Q2 2026; TTM through Jun 2026 was $8.5 million, a 49.4% decrease from a year earlier, with the FY2025 full-year figure at $2.5 million, down 60.32% from the prior year.
- Tax Provisions was $13.1 million for Q2 2026 at Innovate, up from -$1.7 million in the prior quarter.
- The five-year high for Tax Provisions was $13.1 million in Q2 2026, with the low at -$7.1 million in Q3 2025.
- Average Tax Provisions over 5 years is $1.7 million, with a median of $1.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions sank 2100.0% in 2022, then jumped 268.0% in 2025.
- Over 5 years, Tax Provisions stood at $1.2 million in 2022, then increased by 8.33% to $1.3 million in 2023, then surged by 84.62% to $2.4 million in 2024, then tumbled by 170.83% to -$1.7 million in 2025, then surged by 870.59% to $13.1 million in 2026.
- The last three Tax Provisions figures came in at $13.1 million (Q2 2026), -$1.7 million (Q4 2025), and -$7.1 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 147.97 Mn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 104.64 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 51.32 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | -26.57 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 61.88 Mn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 25.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 13.59 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 20.20 Mn |
| 10 | Innovate | 97.81 Mn | 24.61 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 | 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 |