Cost of revenue · 2011–2025

Innovate cost of revenue

$1.0B+16.5% · FY2025

Innovate (VATE) reported $1.0B in cost of revenue for fiscal 2025, +16.5% year on year.

$389M2011$286M2012$220M2013$983M2015$1.3B2016$1.3B2017$1.4B2018$596M2019$589M2020$1.0B2021$1.4B2022$1.2B2023$898M2024$1.0B2025
Innovate — Cost of revenue, 2011–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$1.0B+16.5%Open →
FY20242024-12-31$898M−25.6%Open →
FY20232023-12-31$1.2B−14.8%Open →
FY20222022-12-31$1.4B+38.6%Open →
FY20212021-12-31$1.0B+73.6%Open →
FY20202020-12-31$589M−1.3%Open →
FY20192019-12-31$596M−58.1%Open →
FY20182018-12-31$1.4B+8.3%Open →
FY20172017-12-31$1.3B+4.7%Open →
FY20162016-12-31$1.3B+27.6%Open →
FY20152015-12-31$983M+346.0%Open →
FY20132013-12-31$220M−22.9%Open →
FY20122012-12-31$286M−26.7%Open →
FY20112011-12-31$389M—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +7.3%

Cost of revenue 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 cost of revenue |url=https://companiesranked.com/en/company/innovate/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Innovate cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/innovate/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-innovate-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Innovate cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/innovate/cost-of-revenue}},
  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 cost of revenue — 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}}

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