Innovate annual gross profit
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Innovate Gross Profit Growth & History (VATE)
Innovate's gross profit was $199.7M for fiscal 2025.
View full Innovate company overviewInnovate annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $199.7M | −$9.1M | −4.36% |
| 2024 | 2024-12-31 | $208.8M | −$7.2M | −3.33% |
| 2023 | 2023-12-31 | $216.0M | −$5.4M | −2.44% |
| 2022 | 2022-12-31 | $221.4M | $37.7M | +20.52% |
| 2021 | 2021-12-31 | $183.7M | $55.3M | +43.07% |
| 2020 | 2020-12-31 | $128.4M | −$31.2M | −19.55% |
| 2019 | 2019-12-31 | $159.6M | −$29.3M | −15.51% |
| 2018 | 2018-12-31 | $188.9M | $19.5M | +11.51% |
| 2017 | 2017-12-31 | $169.4M | $7.7M | +4.76% |
| 2016 | 2016-12-31 | $161.7M | $23.5M | +17.02% |
| 2015 | 2015-12-31 | $138.2M | −$112.7M | −44.93% |
| 2014 | 2014-12-31 | $250.9M | $240.5M | +2319.32% |
| 2013 | 2013-12-31 | $10.4M | −$7.0M | −40.15% |
| 2012 | 2012-12-31 | $17.3M | −$5.2M | −23.23% |
| 2011 | 2011-12-31 | $22.6M | −$124.6M | −84.66% |
| 2010 | 2010-12-31 | $147.1M | — | — |
Innovate quarterly gross profit
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Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $79.5M | $33.9M | +74.34% |
| Q1 2026 | 2026-03-31 | $53.5M | $8.0M | +17.58% |
| Q4 2025 | 2025-12-31 | $58.9M | $12.5M | +26.94% |
| Q3 2025 | 2025-09-30 | $49.7M | $1.5M | +3.11% |
| Q2 2025 | 2025-06-30 | $45.6M | −$20.0M | −30.49% |
| Q1 2025 | 2025-03-31 | $45.5M | −$3.1M | −6.38% |
| Q4 2024 | 2024-12-31 | $46.4M | −$14.7M | −24.06% |
| Q3 2024 | 2024-09-30 | $48.2M | −$10.5M | −17.89% |
| Q2 2024 | 2024-06-30 | $65.6M | $13.0M | +24.71% |
| Q1 2024 | 2024-03-31 | $48.6M | $5.0M | +11.47% |
| Q4 2023 | 2023-12-31 | $61.1M | −$1.8M | −2.86% |
| Q3 2023 | 2023-09-30 | $58.7M | $300,000 | +0.51% |
| Q2 2023 | 2023-06-30 | $52.6M | $2.3M | +4.57% |
| Q1 2023 | 2023-03-31 | $43.6M | −$6.2M | −12.45% |
| Q4 2022 | 2022-12-31 | $62.9M | $1.2M | +1.94% |
| Q3 2022 | 2022-09-30 | $58.4M | $3.3M | +5.99% |
| Q2 2022 | 2022-06-30 | $50.3M | $13.9M | +38.19% |
| Q1 2022 | 2022-03-31 | $49.8M | $19.3M | +63.28% |
| Q4 2021 | 2021-12-31 | $61.7M | — | — |
| Q3 2021 | 2021-09-30 | $55.1M | $23.4M | +73.82% |
| Q2 2021 | 2021-06-30 | $36.4M | $6.7M | +22.56% |
| Q1 2021 | 2021-03-31 | $30.5M | — | — |
| Q3 2020 | 2020-09-30 | $31.7M | −$28.8M | −47.60% |
| Q2 2020 | 2020-06-30 | $29.7M | −$29.0M | −49.40% |
| Q4 2019 | 2019-12-31 | −$6.8M | −$125.7M | — |
| Q3 2019 | 2019-09-30 | $60.5M | $18.6M | +44.39% |
| Q2 2019 | 2019-06-30 | $58.7M | $4.3M | +7.90% |
| Q1 2019 | 2019-03-31 | $47.2M | $7.3M | +18.30% |
| Q4 2018 | 2018-12-31 | $118.9M | $25.7M | +27.58% |
| Q3 2018 | 2018-09-30 | $41.9M | −$39.9M | −48.78% |
| Q2 2018 | 2018-06-30 | $54.4M | −$15.6M | −22.29% |
| Q1 2018 | 2018-03-31 | $39.9M | −$36.3M | −47.64% |
| Q4 2017 | 2017-12-31 | $93.2M | $343,000 | +0.37% |
| Q3 2017 | 2017-09-30 | $81.8M | $2.6M | +3.25% |
| Q2 2017 | 2017-06-30 | $70.0M | −$4.8M | −6.43% |
| Q1 2017 | 2017-03-31 | $76.2M | $19.0M | +33.23% |
| Q4 2016 | 2016-12-31 | $92.9M | −$154.5M | −62.47% |
| Q3 2016 | 2016-09-30 | $79.2M | −$94.9M | −54.49% |
| Q2 2016 | 2016-06-30 | $74.8M | −$95.3M | −56.01% |
| Q1 2016 | 2016-03-31 | $57.2M | −$34.1M | −37.34% |
| Q4 2015 | 2015-12-31 | $247.4M | $212.1M | +600.28% |
| Q3 2015 | 2015-09-30 | $174.1M | $152.3M | +698.81% |
| Q2 2015 | 2015-06-30 | $170.1M | $156.3M | +1139.06% |
| Q1 2015 | 2015-03-31 | $91.3M | $89.0M | +3961.95% |
| Q4 2014 | 2014-12-31 | $35.3M | $33.7M | +2124.75% |
| Q3 2014 | 2014-09-30 | $21.8M | $19.5M | +837.38% |
| Q2 2014 | 2014-06-30 | $13.7M | $10.5M | +330.96% |
| Q1 2014 | 2014-03-31 | $2.2M | −$1.0M | −31.35% |
| Q4 2013 | 2013-12-31 | $1.6M | −$1.9M | −54.20% |
| Q3 2013 | 2013-09-30 | $2.3M | −$1.6M | −40.55% |
| Q2 2013 | 2013-06-30 | $3.2M | −$1.7M | −34.45% |
| Q1 2013 | 2013-03-31 | $3.3M | −$1.8M | −35.71% |
| Q4 2012 | 2012-12-31 | $3.5M | −$32.7M | −90.43% |
| Q3 2012 | 2012-09-30 | $3.9M | −$33.6M | −89.57% |
| Q2 2012 | 2012-06-30 | $4.9M | −$32.9M | −87.13% |
| Q1 2012 | 2012-03-31 | $5.1M | −$31.5M | −86.08% |
| Q4 2011 | 2011-12-31 | $36.2M | — | — |
| Q3 2011 | 2011-09-30 | $37.5M | −$29.8M | −44.31% |
| Q2 2011 | 2011-06-30 | $37.8M | −$32.9M | −46.53% |
| Q1 2011 | 2011-03-31 | $36.6M | — | — |
| Q3 2010 | 2010-09-30 | $67.3M | — | — |
| Q2 2010 | 2010-06-30 | $70.6M | — | — |
Innovate gross profit trends
Over the last five fiscal years, Innovate's gross profit increased from $128.4M to $199.7M, a change of $71.3M. The latest reported quarter, Q2 2026, shows $79.5M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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