Innovate annual operating expenses
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Innovate Operating Expenses Growth & History (VATE)
Innovate's operating expenses was $171.0M for fiscal 2025.
View full Innovate company overviewInnovate annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $171.0M | $2.2M | +1.30% |
| 2024 | 2024-12-31 | $168.8M | −$20.7M | −10.92% |
| 2023 | 2023-12-31 | $189.5M | −$18.5M | −8.89% |
| 2022 | 2022-12-31 | $208.0M | $13.7M | +7.05% |
| 2021 | 2021-12-31 | $194.3M | $37.6M | +23.99% |
| 2020 | 2020-12-31 | $156.7M | $22.4M | +16.68% |
| 2019 | 2019-12-31 | $134.3M | −$1.90B | −93.39% |
| 2018 | 2018-12-31 | $2.03B | $397.3M | +24.30% |
| 2017 | 2017-12-31 | $1.64B | $75.6M | +4.85% |
| 2016 | 2016-12-31 | $1.56B | $439.5M | +39.24% |
| 2015 | 2015-12-31 | $1.12B | $558.7M | +99.51% |
| 2014 | 2014-12-31 | $561.4M | $291.6M | +108.07% |
| 2013 | 2013-12-31 | $269.8M | −$85.0M | −23.96% |
| 2012 | 2012-12-31 | $354.9M | −$98.3M | −21.69% |
| 2011 | 2011-12-31 | $453.1M | $165.3M | +57.41% |
| 2010 | 2010-12-31 | $287.9M | — | — |
Innovate quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $45.0M | $4.3M | +10.57% |
| Q1 2026 | 2026-03-31 | $43.5M | $1.4M | +3.33% |
| Q4 2025 | 2025-12-31 | $44.6M | $700,000 | +1.59% |
| Q3 2025 | 2025-09-30 | $43.6M | $1.3M | +3.07% |
| Q2 2025 | 2025-06-30 | $40.7M | $3.9M | +10.60% |
| Q1 2025 | 2025-03-31 | $42.1M | −$3.7M | −8.08% |
| Q4 2024 | 2024-12-31 | $43.9M | −$3.2M | −6.79% |
| Q3 2024 | 2024-09-30 | $42.3M | −$5.7M | −11.88% |
| Q2 2024 | 2024-06-30 | $36.8M | −$10.0M | −21.37% |
| Q1 2024 | 2024-03-31 | $45.8M | −$1.8M | −3.78% |
| Q4 2023 | 2023-12-31 | $47.1M | −$9.3M | −16.49% |
| Q3 2023 | 2023-09-30 | $48.0M | −$3.8M | −7.34% |
| Q2 2023 | 2023-06-30 | $46.8M | −$3.9M | −7.69% |
| Q1 2023 | 2023-03-31 | $47.6M | −$1.5M | −3.05% |
| Q4 2022 | 2022-12-31 | $56.4M | $1.6M | +2.92% |
| Q3 2022 | 2022-09-30 | $51.8M | −$2.2M | −4.07% |
| Q2 2022 | 2022-06-30 | $50.7M | $6.6M | +14.97% |
| Q1 2022 | 2022-03-31 | $49.1M | $7.7M | +18.60% |
| Q4 2021 | 2021-12-31 | $54.8M | — | — |
| Q3 2021 | 2021-09-30 | $54.0M | $6.2M | +12.97% |
| Q2 2021 | 2021-06-30 | $44.1M | $5.5M | +14.25% |
| Q1 2021 | 2021-03-31 | $41.4M | — | — |
| Q3 2020 | 2020-09-30 | $47.8M | −$418.3M | −89.74% |
| Q2 2020 | 2020-06-30 | $38.6M | −$449.1M | −92.09% |
| Q4 2019 | 2019-12-31 | $30.0M | −$101.1M | −77.12% |
| Q3 2019 | 2019-09-30 | $466.1M | −$59.6M | −11.34% |
| Q2 2019 | 2019-06-30 | $487.7M | −$14.6M | −2.91% |
| Q1 2019 | 2019-03-31 | $469.8M | $2.3M | +0.49% |
| Q4 2018 | 2018-12-31 | $131.1M | $36.4M | +38.44% |
| Q3 2018 | 2018-09-30 | $525.7M | $129.9M | +32.80% |
| Q2 2018 | 2018-06-30 | $502.3M | $112.5M | +28.85% |
| Q1 2018 | 2018-03-31 | $467.5M | $77.9M | +20.00% |
| Q4 2017 | 2017-12-31 | $94.7M | $7.0M | +7.94% |
| Q3 2017 | 2017-09-30 | $395.8M | −$10.4M | −2.56% |
| Q2 2017 | 2017-06-30 | $389.8M | $36.5M | +10.34% |
| Q1 2017 | 2017-03-31 | $389.6M | $38.6M | +10.99% |
| Q4 2016 | 2016-12-31 | $87.7M | −$165.5M | −65.35% |
| Q3 2016 | 2016-09-30 | $406.2M | $130.6M | +47.40% |
| Q2 2016 | 2016-06-30 | $353.3M | $75.3M | +27.11% |
| Q1 2016 | 2016-03-31 | $351.0M | $149.3M | +74.03% |
| Q4 2015 | 2015-12-31 | $253.2M | $211.1M | +500.79% |
| Q3 2015 | 2015-09-30 | $275.6M | $89.7M | +48.27% |
| Q2 2015 | 2015-06-30 | $277.9M | $181.2M | +187.43% |
| Q1 2015 | 2015-03-31 | $201.7M | $154.3M | +325.15% |
| Q4 2014 | 2014-12-31 | $42.2M | $22.5M | +114.86% |
| Q3 2014 | 2014-09-30 | $185.9M | $120.7M | +185.12% |
| Q2 2014 | 2014-06-30 | $96.7M | $26.6M | +37.93% |
| Q1 2014 | 2014-03-31 | $47.4M | −$16.9M | −26.21% |
| Q4 2013 | 2013-12-31 | $19.6M | −$224,000 | −1.13% |
| Q3 2013 | 2013-09-30 | $65.2M | $61.1M | +1506.46% |
| Q2 2013 | 2013-06-30 | $70.1M | $61.9M | +751.39% |
| Q1 2013 | 2013-03-31 | $64.3M | −$4.0M | −5.87% |
| Q4 2012 | 2012-12-31 | $19.8M | −$2.2M | −10.16% |
| Q3 2012 | 2012-09-30 | $4.1M | −$68.7M | −94.42% |
| Q2 2012 | 2012-06-30 | $8.2M | −$67.7M | −89.16% |
| Q1 2012 | 2012-03-31 | $68.3M | −$161.3M | −70.25% |
| Q4 2011 | 2011-12-31 | $22.1M | — | — |
| Q3 2011 | 2011-09-30 | $72.7M | −$113.3M | −60.91% |
| Q2 2011 | 2011-06-30 | $76.0M | −$113.9M | −59.98% |
| Q1 2011 | 2011-03-31 | $229.6M | — | — |
| Q3 2010 | 2010-09-30 | $186.1M | — | — |
| Q2 2010 | 2010-06-30 | $189.8M | — | — |
Innovate operating expenses trends
Over the last five fiscal years, Innovate's operating expenses increased from $156.7M to $171.0M, a change of $14.3M. The latest reported quarter, Q2 2026, shows $45.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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