Innovate (VATE) Tax Rate (2010 - 2025)

Innovate (VATE) has reported Tax Rate for 16 consecutive years, with 18.28% the latest figure, recorded in 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 came in at 18.28% for Q4 2025 at Innovate, down from 42.51% in the prior quarter.
• The five-year high for Tax Rate was 42.51% in Q3 2025, with the low at 48.65% in Q4 2021.
• Average Tax Rate over 5 years is 11.11%, with a median of 14.32% recorded in 2023.
• Across the five-year window, Tax Rate tumbled 4869 bps in 2021 and jumped 6618 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 48.65% in 2021, then surged by 69 bps to 15.0% in 2022, then grew by 7 bps to 13.98% in 2023, then declined by 15 bps to 16.11% in 2024, then soared by 213 bps to 18.28% in 2025.
• According to Business Quant data, Tax Rate over the past three periods registered 18.28%, 42.51%, and 25.0% for Q4 2025, Q3 2025, and Q2 2025 respectively.