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| Date | Value |
|---|---|
| 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 |