Innovate annual gross margin
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% | — |
Innovate quarterly gross margin
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
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% | −2.96 pp |
| Q3 2021 | 2021-09-30 | 13.96% | −2.38 pp |
| Q2 2021 | 2021-06-30 | 14.93% | — |
| Q1 2021 | 2021-03-31 | 17.75% | — |
| Q3 2020 | 2020-09-30 | 18.59% | — |
| Q2 2020 | 2020-06-30 | 16.34% | — |
Innovate gross margin trends
Over the last five reported 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.
Review Innovate filings at SEC.gov ↗