WallStSmart
IIIV

i3 Verticals Inc

NASDAQ: IIIV · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE

$22.55
+0.71% today

Updated 2026-04-30

Market cap
$477.23M
P/E ratio
270.00
P/S ratio
1.63x
EPS (TTM)
$0.08
Dividend yield
52W range
$20 – $34
Volume
0.3M

i3 Verticals Inc (IIIV) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item2016201720182019202020212022202320242025
Revenue$199.64M$262.57M$323.51M$376.31M$150.13M$224.12M$187.75M$189.68M$229.92M$213.16M
Revenue growth (YoY)+31.5%+23.2%+16.3%-60.1%+49.3%-16.2%+1.0%+21.2%-7.3%
Cost of revenue$162.93M$217.91M$254.86M$287.10M$47.23M$57.71M$12.83M$54.81M$18.57M$94.49M
Gross profit$36.71M$44.66M$68.65M$89.20M$102.90M$166.42M$174.92M$134.87M$211.35M$118.67M
Gross margin18.4%17.0%21.2%23.7%68.5%74.3%93.2%71.1%91.9%55.7%
R&D$1.22M$1.54M$1.70M$2.98M$3.98M$6.28M$7.85M$11.15M$13.54M
SG&A$19.98M$26.54M$38.39M$61.42M$76.51M$130.36M$151.24M$172.51M$170.69M$114.66M
Operating income$3.96M$7.60M$12.36M$6.39M$7.77M$-12000.00$-23.14M$-4.41M$6.85M$4.01M
Operating margin2.0%2.9%3.8%1.7%5.2%-0.0%-12.3%-2.3%3.0%1.9%
EBITDA$13.95M$18.10M$15.71M$22.95M$23.37M$27.00M$22.59M$33.27M$33.23M$41.08M
EBITDA margin7.0%6.9%4.9%6.1%15.6%12.0%12.0%17.5%14.5%19.3%
EBIT$4.05M$8.02M$3.87M$6.39M$5.15M$2.58M$1.02M$-3.19M$9.32M$13.18M
Interest expense$5.90M$6.94M$8.50M$6.00M$8.93M$9.80M$14.78M$25.13M$29.26M$2.30M
Income tax$243000.00$177000.00$337000.00$-177000.00$-2.79M$623000.00$152000.00$-3.51M$-5.67M$5.27M
Effective tax rate-13.1%16.4%-5.1%5.5%87.0%-16.2%-0.9%81.2%-5.3%22.8%
Net income$-2.09M$902000.00$-6.90M$-3.04M$-419000.00$-4.46M$-17.10M$-811000.00$113.34M$17.87M
Net income growth (YoY)+143.1%-864.7%+55.9%+86.2%-963.7%-283.7%+95.3%+14075.5%-84.2%
Profit margin-1.0%0.3%-2.1%-0.8%-0.3%-2.0%-9.1%-0.4%49.3%8.4%