Innovate annual gross margin
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Innovate Gross Margin Growth & History (VATE)
Innovate's gross margin was 16.03% for fiscal 2025.
View full Innovate company overviewInnovate annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.03% | −2.83 pp |
| 2024 | 2024-12-31 | 18.86% | +3.68 pp |
| 2023 | 2023-12-31 | 15.18% | +1.66 pp |
| 2022 | 2022-12-31 | 13.52% | −1.72 pp |
| 2021 | 2021-12-31 | 15.24% | −2.67 pp |
| 2020 | 2020-12-31 | 17.91% | −3.21 pp |
| 2019 | 2019-12-31 | 21.12% | +10.47 pp |
| 2018 | 2018-12-31 | 10.65% | −0.78 pp |
| 2017 | 2017-12-31 | 11.43% | +0.00 pp |
| 2016 | 2016-12-31 | 11.42% | −0.91 pp |
| 2015 | 2015-12-31 | 12.33% | −33.50 pp |
| 2014 | 2014-12-31 | 45.83% | +41.34 pp |
| 2013 | 2013-12-31 | 4.50% | −1.22 pp |
| 2012 | 2012-12-31 | 5.72% | +0.24 pp |
| 2011 | 2011-12-31 | 5.48% | −46.69 pp |
| 2010 | 2010-12-31 | 52.17% | — |
Innovate quarterly gross margin
Q2.10
Q3.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
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Q3.13
Q4.13
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Q2.14
Q3.14
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Q1.15
Q2.15
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Q2.16
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
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Q3.18
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Q2.19
Q3.19
Q2.20
Q3.20
Q1.21
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Q4.21
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Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 18.86% | +0.01 pp |
| Q1 2026 | 2026-03-31 | 14.67% | −1.93 pp |
| Q4 2025 | 2025-12-31 | 15.39% | −4.22 pp |
| Q3 2025 | 2025-09-30 | 14.32% | −5.58 pp |
| Q2 2025 | 2025-06-30 | 18.84% | −2.11 pp |
| Q1 2025 | 2025-03-31 | 16.59% | +1.17 pp |
| Q4 2024 | 2024-12-31 | 19.61% | +2.69 pp |
| Q3 2024 | 2024-09-30 | 19.90% | +4.26 pp |
| Q2 2024 | 2024-06-30 | 20.95% | +6.69 pp |
| Q1 2024 | 2024-03-31 | 15.42% | +1.70 pp |
| Q4 2023 | 2023-12-31 | 16.93% | +1.56 pp |
| Q3 2023 | 2023-09-30 | 15.64% | +1.83 pp |
| Q2 2023 | 2023-06-30 | 14.26% | +1.44 pp |
| Q1 2023 | 2023-03-31 | 13.72% | +1.65 pp |
| Q4 2022 | 2022-12-31 | 15.37% | −0.26 pp |
| Q3 2022 | 2022-09-30 | 13.81% | −0.15 pp |
| Q2 2022 | 2022-06-30 | 12.83% | −2.11 pp |
| Q1 2022 | 2022-03-31 | 12.06% | −5.69 pp |
| Q4 2021 | 2021-12-31 | 15.63% | — |
| Q3 2021 | 2021-09-30 | 13.96% | −4.64 pp |
| Q2 2021 | 2021-06-30 | 14.93% | −1.41 pp |
| Q1 2021 | 2021-03-31 | 17.75% | — |
| Q3 2020 | 2020-09-30 | 18.59% | +3.37 pp |
| Q2 2020 | 2020-06-30 | 16.34% | +2.99 pp |
| Q3 2019 | 2019-09-30 | 15.22% | +5.80 pp |
| Q2 2019 | 2019-06-30 | 13.34% | +1.39 pp |
| Q1 2019 | 2019-03-31 | 11.66% | +2.05 pp |
| Q4 2018 | 2018-12-31 | 22.65% | +2.32 pp |
| Q3 2018 | 2018-09-30 | 9.42% | −10.70 pp |
| Q2 2018 | 2018-06-30 | 11.96% | −6.53 pp |
| Q1 2018 | 2018-03-31 | 9.60% | −9.91 pp |
| Q4 2017 | 2017-12-31 | 20.33% | −0.13 pp |
| Q3 2017 | 2017-09-30 | 20.12% | +0.94 pp |
| Q2 2017 | 2017-06-30 | 18.48% | −2.34 pp |
| Q1 2017 | 2017-03-31 | 19.51% | +2.27 pp |
| Q4 2016 | 2016-12-31 | 20.45% | −48.16 pp |
| Q3 2016 | 2016-09-30 | 19.18% | −43.56 pp |
| Q2 2016 | 2016-06-30 | 20.82% | −39.71 pp |
| Q1 2016 | 2016-03-31 | 17.24% | −27.99 pp |
| Q4 2015 | 2015-12-31 | 68.62% | +52.86 pp |
| Q3 2015 | 2015-09-30 | 62.74% | +50.85 pp |
| Q2 2015 | 2015-06-30 | 60.53% | +46.32 pp |
| Q1 2015 | 2015-03-31 | 45.23% | +40.04 pp |
| Q4 2014 | 2014-12-31 | 15.76% | +12.71 pp |
| Q3 2014 | 2014-09-30 | 11.89% | +8.08 pp |
| Q2 2014 | 2014-06-30 | 14.21% | +8.78 pp |
| Q1 2014 | 2014-03-31 | 5.18% | −0.38 pp |
| Q4 2013 | 2013-12-31 | 3.04% | −2.50 pp |
| Q3 2013 | 2013-09-30 | 3.81% | −1.70 pp |
| Q2 2013 | 2013-06-30 | 5.43% | −1.24 pp |
| Q1 2013 | 2013-03-31 | 5.57% | +0.30 pp |
| Q4 2012 | 2012-12-31 | 5.54% | −46.28 pp |
| Q3 2012 | 2012-09-30 | 5.51% | −44.96 pp |
| Q2 2012 | 2012-06-30 | 6.68% | −43.68 pp |
| Q1 2012 | 2012-03-31 | 5.27% | −45.37 pp |
| Q4 2011 | 2011-12-31 | 51.81% | — |
| Q3 2011 | 2011-09-30 | 50.47% | +14.68 pp |
| Q2 2011 | 2011-06-30 | 50.36% | +14.06 pp |
| Q1 2011 | 2011-03-31 | 50.64% | — |
| Q3 2010 | 2010-09-30 | 35.78% | — |
| Q2 2010 | 2010-06-30 | 36.30% | — |
Innovate gross margin trends
Over the last five fiscal years, Innovate's gross margin decreased from 17.91% to 16.03%, a change of −1.88 percentage points. The latest reported quarter, Q2 2026, shows 18.86%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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