Innovate (VATE) Tax Rate (2010 - 2025)

Innovate's Tax Rate history runs 16 years deep, the most recent figure standing at 18.28% for Q4 2025.

• In Q4 2025, Tax Rate rose 3439.0% year-over-year to 18.28%; the TTM figure through Dec 2025 stood at 4.07% (up 1480.0% YoY), while the FY2025 annual figure was 4.07%, up 1480.0% from the prior year.
• Tax Rate was 18.28% for Q4 2025 at Innovate, down from 42.51% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 42.51% in Q3 2025 to a low of 48.65% in Q4 2021.
• Historically, Tax Rate has averaged 11.11% across 5 years, with a median of 14.32% in 2023.
• The sharpest annual moves came in 2021 and 2025: Tax Rate slumped 4869 bps in 2021, then jumped 6618 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 48.65% in 2021, then surged by 69 bps to 15.0% in 2022, then gained by 7 bps to 13.98% in 2023, then decreased by 15 bps to 16.11% in 2024, then soared by 213 bps to 18.28% in 2025.
• The last three Tax Rate figures came in at 18.28% (Q4 2025), 42.51% (Q3 2025), and 25.0% (Q2 2025), per Business Quant data.