$19.61
-2.4%i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets in the United States. It operates in two segments, Merchant Services, and Proprietary Software and Payments. The company offers payment processing services that enables clients to accept electronic payments, facilitating the exchange of funds and transaction data between clients, financial institutions, and payment networks. The company also licenses software; and provides ongoing support, and other point of sale-related solutions. It offers its solutions to clients through direct sales force; distribution partners, including independent software vendors, value-added resellers, and independent sales organizations; and referral partners, such as financial institutions, trade associations, chambers of commerce, and card issuers. The company was founded in 2012 and is headquartered in Nashville, Tennessee.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.
Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
IIIV โข NASDAQ
| i3 Verticals, Inc. Income Statement | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||
213.2M | 229.9M | 189.7M | 187.8M | 224.1M | 150.1M | 376.3M | 323.5M | 262.6M | 199.6M | |
GROSS PROFIT | ||||||||||
(94.5M) | (18.6M) | (54.8M) | (12.8M) | (57.7M) | (47.2M) | (287.1M) | (254.9M) | (217.9M) | (162.9M) | |
118.7M | 211.4M | 134.9M | 174.9M | 166.4M | 102.9M | 89.2M | 68.7M | 44.7M | 36.7M | |
OPERATING INCOME | ||||||||||
(114.7M) | (204.5M) | (139.3M) | (198.1M) | (166.4M) | (95.1M) | (82.8M) | (52.4M) | (37.3M) | (30.3M) | |
(114.7M) | (173.2M) | (175.8M) | (154.6M) | (133M) | (78.3M) | (62.9M) | (39.3M) | (27.2M) | (20.4M) | |
(0.0) | (13.5M) | (11.2M) | (7.9M) | (6.3M) | (4M) | (3M) | (1.7M) | (1.5M) | (1.2M) | |
4M | 6.9M | -4.4M | -23.1M | -12K | 7.8M | 6.4M | 12.4M | 7.6M | 4M | |
PRE-TAX INCOME | ||||||||||
(2.3M) | (29.3M) | (25.1M) | (14.8M) | (9.8M) | (8.9M) | (6M) | (8.5M) | (6.9M) | (5.9M) | |
-2.3M | -29.3M | -25.1M | -14.8M | -9.8M | -8.9M | -6M | -8.5M | -6.9M | -5.9M | |
(0.0) | (17.7M) | -47.6M | (35.6M) | (27.2M) | (12.8M) | (17M) | -3.9M | (218K) | (59K) | |
6.9M | -25.9M | -23.9M | -15.8M | -7.2M | -11.5M | -6M | -17M | -6.5M | -5.8M | |
10.9M | -19M | -28.3M | -38.9M | -7.2M | -3.8M | 386K | -4.6M | 1.1M | -1.9M | |
NET INCOME | ||||||||||
(5.3M) | -5.7M | -3.5M | (152K) | (623K) | -2.8M | -177K | (337K) | (177K) | (243K) | |
17.9M | 113.3M | -811K | -17.1M | -4.5M | -419K | 563K | -6.9M | 902K | -2.1M |
IIIV - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 02, 2026 | June 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 12, 2026 | May 12, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 03, 2026 | March 03, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | February 06, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 05, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | January 15, 2026 | March 03, 2026 | 2026 | |
10-K 10-K 2025 FY FY | November 21, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 17, 2025 | November 17, 2025 | 2025 |
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