Cash Flow Statement
Growth Metrics

Innovate (VATE) Tax Rate (2016 - 2025)

Innovate has reported Tax Rate over the past 16 years, most recently at 18.28% for Q4 2025.

  • Quarterly results put Tax Rate at 18.28% for Q4 2025, up 3439.0% from a year ago — trailing twelve months through Dec 2025 was 4.07% (up 1480.0% YoY), and the annual figure for FY2025 was 4.07%, up 1480.0%.
  • Tax Rate for Q4 2025 was 18.28% at Innovate, down from 42.51% in the prior quarter.
  • Over the last five years, Tax Rate for VATE hit a ceiling of 42.51% in Q3 2025 and a floor of 48.65% in Q4 2021.
  • Median Tax Rate over the past 5 years was 14.32% (2023), compared with a mean of 11.11%.
  • Biggest five-year swings in Tax Rate: tumbled -4869bps in 2021 and later soared 6618bps in 2025.
  • Innovate's Tax Rate stood at 48.65% in 2021, then soared by 69bps to 15.0% in 2022, then increased by 7bps to 13.98% in 2023, then fell by -15bps to 16.11% in 2024, then skyrocketed by 213bps to 18.28% in 2025.
  • The last three reported values for Tax Rate were 18.28% (Q4 2025), 42.51% (Q3 2025), and 25.0% (Q2 2025) per Business Quant data.