Innovate (VATE) Total Liabilities (2010 - 2025)
Innovate (VATE) recorded quarterly Total Liabilities of $1.2 billion in Q4 2025, up 3.97% quarter-over-quarter from $1.1 billion in Q3 2025, and up 12.62% on a YoY basis from $1.0 billion in Q4 2024.
Innovate (VATE) Total Liabilities (2010 - 2025) Analysis & Trends
Innovate's Total Liabilities history runs 16 years deep, the most recent figure standing at $1.2 billion for Q4 2025.
- In Q4 2025, Total Liabilities rose 12.62% year-over-year to $1.2 billion; the TTM figure through Dec 2025 stood at $1.2 billion (up 12.62% YoY), while the FY2025 annual figure was $1.2 billion, up 12.62% from the prior year.
- Total Liabilities was $1.2 billion for Q4 2025 at Innovate, up from $1.1 billion in the prior quarter.
- In the past five years, Total Liabilities ranged from a high of $6.4 billion in Q2 2021 to a low of $1.0 billion in Q2 2024.
- Historically, Total Liabilities has averaged $1.6 billion across 5 years, with a median of $1.1 billion in 2022.
- The sharpest annual moves came in 2021 and 2025: Total Liabilities slumped 82.5% in 2021, then climbed 12.62% in 2025.
- A 5-year view of Total Liabilities shows it stood at $1.1 billion in 2021, then increased by 10.54% to $1.2 billion in 2022, then fell by 0.12% to $1.2 billion in 2023, then slipped by 12.3% to $1.0 billion in 2024, then advanced by 12.62% to $1.2 billion in 2025.
- The last three Total Liabilities figures came in at $1.2 billion (Q4 2025), $1.1 billion (Q3 2025), and $1.1 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 16.60 Bn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 4.12 Bn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 5.64 Bn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 7.01 Bn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 1.59 Bn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 5.48 Bn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 132.90 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 916.79 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | 4.12 Bn |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | 1.17 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.17 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.08 Bn |
| Mar 31, 2025 | 1.04 Bn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 1.02 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.18 Bn |
| Sep 30, 2023 | 1.22 Bn |
| Jun 30, 2023 | 1.20 Bn |
| Mar 31, 2023 | 1.15 Bn |
| Dec 31, 2022 | 1.18 Bn |
| Sep 30, 2022 | 1.19 Bn |
| Jun 30, 2022 | 1.13 Bn |
| Mar 31, 2022 | 1.12 Bn |
| Dec 31, 2021 | 1.07 Bn |
| Sep 30, 2021 | 1.21 Bn |
| Jun 30, 2021 | 6.42 Bn |
| Mar 31, 2021 | 5.97 Bn |