Growth Metrics

Innovate (VATE) Tax Rate (2016 - 2025)

Historic Tax Rate for Innovate (VATE) over the last 17 years, with Q3 2025 value amounting to 42.51%.

  • Innovate's Tax Rate rose 661800.0% to 42.51% in Q3 2025 from the same period last year, while for Sep 2025 it was 9.84%, marking a year-over-year increase of 88700.0%. This contributed to the annual value of 18.86% for FY2024, which is 57800.0% down from last year.
  • Innovate's Tax Rate amounted to 42.51% in Q3 2025, which was up 661800.0% from 25.0% recorded in Q2 2025.
  • Over the past 5 years, Innovate's Tax Rate peaked at 42.51% during Q3 2025, and registered a low of 48.65% during Q4 2021.
  • Moreover, its 5-year median value for Tax Rate was 13.98% (2023), whereas its average is 11.41%.
  • In the last 5 years, Innovate's Tax Rate tumbled by -486900bps in 2021 and then soared by 661800bps in 2025.
  • Over the past 5 years, Innovate's Tax Rate (Quarter) stood at 48.65% in 2021, then soared by 118bps to 8.75% in 2022, then plummeted by -260bps to 13.98% in 2023, then decreased by -15bps to 16.11% in 2024, then skyrocketed by 364bps to 42.51% in 2025.
  • Its Tax Rate stands at 42.51% for Q3 2025, versus 25.0% for Q2 2025 and 37.97% for Q1 2025.