Income tax expense · 2011–2025
Innovate income tax expense
$2.5M−60.3% · FY2025
Innovate (VATE) reported $2.5M in income tax expense for fiscal 2025, −60.3% year on year.
| Fiscal year | Income tax expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $2.5M | −60.3% | Open → |
| FY20242024-12-31 | $6.3M | +40.0% | Open → |
| FY20232023-12-31 | $4.5M | +400.0% | Open → |
| FY20222022-12-31 | $900,000 | −83.9% | Open → |
| FY20212021-12-31 | $5.6M | −20.0% | Open → |
| FY20202020-12-31 | $7.0M | +$26.6M | Open → |
| FY20192019-12-31 | −$19.6M | −$21.8M | Open → |
| FY20182018-12-31 | $2.2M | −79.4% | Open → |
| FY20172017-12-31 | $10.7M | −79.3% | Open → |
| FY20162016-12-31 | $51.6M | +$62.5M | Open → |
| FY20152015-12-31 | −$10.9M | +$12.0M | Open → |
| FY20142014-12-31 | −$22.9M | −$15.4M | Open → |
| FY20132013-12-31 | −$7.4M | −$4.3M | Open → |
| FY20122012-12-31 | −$3.1M | −$4.2M | Open → |
| FY20112011-12-31 | $1.1M | — | Open → |
Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +6.3%
Income tax expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Innovate income tax expense |url=https://companiesranked.com/en/company/innovate/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Innovate income tax expense. CompaniesRanked. https://companiesranked.com/en/company/innovate/income-tax-expenseBibTeX
@misc{companiesranked-en-company-innovate-income-tax-expense-2026,
author = {{CompaniesRanked}},
title = {{Innovate income tax expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/innovate/income-tax-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001006837-26-000014 · March 26, 2026
{{cite web |title=Innovate income tax expense — 10-K (0001006837-26-000014) |url=https://www.sec.gov/Archives/edgar/data/1006837/000100683726000014/vate-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-26}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.