For the twelve months ended Jun 30, 2026, i3 Verticals Inc. reported $218.16M of revenue and $9.71M of net income.
IIIV revenue was $53.07M in fiscal Q3 2026 (ended Jun 30, 2026), up 2.2% from a year earlier and down 7.7% from the prior quarter. For the full fiscal 2025 it was $213.16M, up 11.5% from fiscal 2024. Compound annual growth was +7.3% over 5 years. It rose in 7 of the last 9 fiscal years.
IIIV net income was $3.48M in fiscal Q3 2026 (ended Jun 30, 2026), down 73.0% from a year earlier and up 58.7% from the prior quarter. For the full fiscal 2025 it was $17.87M, down 84.2% from fiscal 2024.
IIIV diluted EPS was $0.18 in fiscal Q3 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was $0.72, down 84.8% from fiscal 2024.
IIIV free cash flow was $12.95M in fiscal Q3 2026 (ended Jun 30, 2026), up 90.3% from a year earlier and up 34.7% from the prior quarter. For the full fiscal 2025 it was $3.75M, down 91.7% from fiscal 2024. Compound annual growth was -29.0% over 5 years. It rose in 4 of the last 9 fiscal years.
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | Sep 30, 2017 | Sep 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $213.16M | $191.23M | $189.68M | $187.75M | $224.12M | $150.13M | $376.31M | $323.51M | $262.57M | $199.64M |
| Cost of revenue | - | - | - | - | $0 | $0 | $242.87M | $214.54M | $189.11M | $141.00M |
| Gross profit | - | - | $333.33M | $282.73M | $195.34M | $123.35M | $106.87M | $83.18M | $56.76M | $45.57M |
| Selling, general and admin | $114.66M | $100.78M | $105.98M | $156.67M | $134.87M | $78.32M | $62.86M | $40.59M | $27.19M | $20.39M |
| Operating income | $3.78M | $4.36M | -$4.41M | -$23.14M | -$12.0K | $7.77M | $6.39M | $12.36M | $7.60M | $3.96M |
| Pre-tax income | $10.88M | -$21.51M | -$28.32M | -$38.91M | -$7.22M | -$3.77M | $386.0K | -$4.62M | $1.08M | -$1.85M |
| Income tax | $5.27M | -$5.47M | -$3.51M | $152.0K | $623.0K | -$2.79M | -$177.0K | $337.0K | $177.0K | $243.0K |
| Net income | $17.87M | $113.34M | -$811.0K | -$17.10M | -$4.46M | -$419.0K | -$3.04M | -$6.90M | $902.0K | -$2.09M |
| EPS, basic | $0.75 | $4.84 | -$0.04 | -$1.22 | -$0.21 | -$0.03 | -$0.29 | $0.08 | - | - |
| EPS, diluted | $0.72 | $4.73 | -$0.07 | -$1.22 | -$0.22 | -$0.03 | -$0.29 | $0.08 | - | - |
| Diluted shares | 34.2M | 33.9M | 33.2M | 22.2M | 31.7M | 27.4M | 10.5M | 26.9M | - | - |
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | Sep 30, 2017 | Sep 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $66.67M | $89.60M | $12.40M | $23.77M | $17.93M | $15.57M | $1.12M | $572.0K | $955.0K | $4.19M |
| Receivables | $58.47M | $50.78M | $50.78M | $53.33M | $38.50M | $17.54M | $15.34M | $12.50M | $8.41M | - |
| Inventory | $2.52M | $2.42M | $2.04M | $4.12M | $2.22M | $1.31M | $1.29M | $1.29M | $930.0K | - |
| Current assets | $137.63M | $153.39M | $85.54M | $83.81M | $58.12M | $37.98M | $20.57M | $16.57M | $15.70M | - |
| Goodwill | $248.47M | $242.99M | $230.29M | $214.92M | $292.24M | $187.00M | $168.28M | $83.95M | $58.52M | $35.06M |
| Total assets | $638.41M | $730.67M | $884.42M | $770.31M | $651.80M | $403.53M | $349.30M | $175.14M | $139.99M | $100.28M |
| Current liabilities | $70.69M | $164.73M | $93.46M | $111.26M | $96.51M | $38.90M | $35.23M | $26.44M | $20.22M | - |
| Short-term debt | $0 | $26.22M | $0 | - | - | - | $0 | $5.00M | $4.00M | - |
| Long-term debt | $0 | $0 | $388.00M | $287.02M | $200.60M | $90.76M | $139.30M | $31.78M | $106.84M | - |
| Total debt | $0 | $26.22M | $388.00M | $287.02M | $200.60M | $90.76M | $139.30M | $36.78M | $110.84M | - |
| Total liabilities | $120.69M | $215.32M | $556.12M | $462.62M | $362.21M | $163.36M | $206.86M | $62.94M | $129.12M | - |
| Shareholders' equity | $389.58M | $515.36M | $328.30M | $307.69M | $289.59M | $240.17M | $142.44M | $112.20M | - | - |
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | Sep 30, 2017 | Sep 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.69M | $48.41M | $37.17M | $43.76M | $44.53M | $23.72M | $26.60M | $18.08M | $8.33M | $10.01M |
| Capital expenditures | $1.94M | $2.96M | $4.20M | $2.27M | $1.94M | $2.91M | $807.0K | $2.22M | $636.0K | $862.0K |
| Free cash flow | $3.75M | $45.45M | $32.97M | $41.49M | $42.59M | $20.81M | $25.79M | $15.86M | $7.69M | $9.14M |
| Investing cash flow | $76.46M | $396.15M | -$121.52M | -$113.05M | -$149.31M | -$35.43M | -$143.73M | -$38.05M | -$47.90M | -$35.15M |
| Financing cash flow | -$104.41M | -$367.36M | $72.98M | $75.12M | $102.10M | $29.11M | $119.09M | $19.24M | $37.35M | $28.92M |
| Share repurchases | $37.60M | $0 | $0 | - | - | - | - | - | - | - |
| Stock-based compensation | $18.34M | $26.34M | $27.88M | $26.23M | $20.86M | $10.45M | $6.12M | $1.57M | $0 | $0 |
| Depreciation and amortization | $27.90M | $25.55M | $23.32M | $19.33M | $24.42M | $18.22M | $16.56M | $11.84M | $10.09M | $9.90M |
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | Sep 30, 2017 | Sep 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 11.5% | 0.8% | 1.0% | -16.2% | 49.3% | -60.1% | 16.3% | 23.2% | 31.5% | - |
| Net income growth, YoY | -84.2% | - | - | - | - | - | - | - | - | - |
| EPS growth, YoY | -84.8% | - | - | - | - | - | - | - | - | - |
| Gross margin | - | - | 175.7% | 150.6% | 87.2% | 82.2% | 28.4% | 25.7% | 21.6% | 22.8% |
| Operating margin | 1.8% | 2.3% | -2.3% | -12.3% | -0.0% | 5.2% | 1.7% | 3.8% | 2.9% | 2.0% |
| Net margin | 8.4% | 59.3% | -0.4% | -9.1% | -2.0% | -0.3% | -0.8% | -2.1% | 0.3% | -1.0% |
| Free cash flow margin | 1.8% | 23.8% | 17.4% | 22.1% | 19.0% | 13.9% | 6.9% | 4.9% | 2.9% | 4.6% |
| Return on equity | 4.6% | 22.0% | -0.2% | -5.6% | -1.5% | -0.2% | -2.1% | -6.1% | - | - |
| Return on assets | 2.8% | 15.5% | -0.1% | -2.2% | -0.7% | -0.1% | -0.9% | -3.9% | 0.6% | -2.1% |
| Current ratio | 1.95 | 0.93 | 0.92 | 0.75 | 0.60 | 0.98 | 0.58 | 0.63 | 0.78 | - |
| Debt to equity | 0.00 | 0.05 | 1.18 | 0.93 | 0.69 | 0.38 | 0.98 | 0.33 | - | - |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $53.07M | $57.52M | $52.67M | $54.90M | $51.90M | $54.13M | $52.22M | $51.32M | $46.18M | $48.50M | $45.22M | $58.58M |
| Gross profit | - | - | - | - | - | - | - | - | - | $84.68M | $82.58M | $86.34M |
| Selling, general and admin | $28.86M | $29.06M | $26.99M | $28.88M | $33.02M | $26.28M | $26.48M | $25.21M | $26.05M | $27.43M | $27.18M | -$26.53M |
| Operating income | -$892.0K | $3.74M | $1.61M | $1.48M | -$4.81M | $5.06M | $2.05M | $3.41M | -$1.31M | $1.98M | $276.0K | $1.25M |
| Pre-tax income | $7.19M | $2.67M | $1.79M | $3.50M | -$1.02M | $5.21M | $3.20M | -$2.30M | -$9.22M | -$2.97M | -$5.31M | -$5.37M |
| Income tax | $1.31M | $478.0K | $704.0K | $1.99M | -$22.0K | $2.88M | $409.0K | -$8.62M | $5.19M | -$669.0K | -$1.09M | -$3.01M |
| Net income | $3.48M | $2.19M | $947.0K | $3.09M | $12.88M | $769.0K | $3.11M | $117.91M | -$7.54M | $1.88M | $1.10M | $4.55M |
| EPS, basic | $0.18 | $0.07 | $0.02 | $0.05 | $0.53 | -$0.01 | $0.09 | $0.27 | -$0.50 | -$0.08 | -$0.15 | $0.02 |
| EPS, diluted | $0.18 | $0.07 | $0.02 | $0.04 | $0.50 | $0.04 | $0.08 | $0.19 | -$0.50 | -$0.08 | -$0.15 | -$0.02 |
| Diluted shares | 19.5M | 30.6M | 25.1M | - | 33.9M | - | 34.1M | - | - | 23.7M | 33.8M | - |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.65M | $7.14M | $37.52M | $66.67M | $55.81M | $10.27M | $89.21M | $89.60M | $13.70M | $7.29M | $11.08M | $12.40M |
| Receivables | $48.52M | $55.28M | $47.81M | $58.47M | $49.45M | $56.72M | $51.34M | $50.78M | $48.66M | $66.54M | $68.23M | $50.78M |
| Inventory | $2.80M | $2.62M | $3.02M | $2.52M | $2.38M | $2.22M | $2.46M | $2.42M | $2.25M | $3.98M | $4.25M | $2.04M |
| Current assets | $63.47M | $78.21M | $100.39M | $137.63M | $117.78M | $80.00M | $153.10M | $153.39M | $308.04M | $87.07M | $90.12M | $85.54M |
| Goodwill | $282.28M | $282.28M | $248.47M | $248.47M | $248.19M | $280.68M | $280.68M | $242.99M | $269.19M | $269.19M | $269.19M | $230.29M |
| Total assets | $626.98M | $636.42M | $595.93M | $638.41M | $623.27M | $646.36M | $726.23M | $730.67M | $861.72M | $625.84M | $638.13M | $884.42M |
| Current liabilities | $52.64M | $58.57M | $62.26M | $70.69M | $58.21M | $67.69M | $163.43M | $164.73M | $103.29M | $108.01M | $180.54M | $93.46M |
| Short-term debt | - | - | - | $0 | $0 | $0 | $26.22M | $26.22M | $26.22M | $26.22M | $90.78M | $0 |
| Long-term debt | $114.28M | $81.00M | - | $0 | $0 | $12.00M | $0 | $0 | $347.89M | $343.39M | $287.75M | $388.00M |
| Total debt | $114.28M | $81.00M | - | $0 | $0 | $12.00M | $26.22M | $26.22M | $374.12M | $369.62M | $378.53M | $388.00M |
| Total liabilities | $226.65M | $198.18M | $112.59M | $120.69M | $112.15M | $132.70M | $215.09M | $215.32M | $515.81M | $519.44M | $539.78M | $556.12M |
| Shareholders' equity | $280.55M | $438.24M | $483.34M | $389.58M | $511.12M | $513.66M | $511.13M | $515.36M | $345.92M | $346.10M | $337.16M | $328.30M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $14.26M | $10.03M | $14.12M | $13.97M | $7.35M | -$27.12M | $11.49M | $15.14M | $8.12M | $10.74M | $14.40M | $10.80M |
| Capital expenditures | $1.31M | $407.0K | $315.0K | $425.0K | $544.0K | $501.0K | $471.0K | $530.0K | $897.0K | $838.0K | $699.0K | $1.09M |
| Free cash flow | $12.95M | $9.62M | $13.81M | $13.54M | $6.81M | -$27.62M | $11.02M | $14.61M | $7.22M | $9.90M | $13.71M | $9.71M |
| Investing cash flow | -$3.46M | -$62.83M | -$1.83M | -$2.32M | $82.45M | -$2.26M | -$1.42M | $412.90M | -$4.39M | -$5.20M | -$7.17M | -$6.11M |
| Financing cash flow | -$15.48M | $23.74M | -$40.45M | -$131.0K | -$44.25M | -$49.56M | -$10.47M | -$352.15M | $2.67M | -$9.34M | -$8.55M | -$12.50M |
| Share repurchases | $48.11M | $50.85M | $37.94M | $0 | $26.11M | $308.0K | $11.19M | $0 | $0 | $0 | $0 | - |
| Stock-based compensation | $5.14M | $4.62M | $5.18M | $3.20M | $7.40M | $3.93M | $3.81M | $8.95M | $5.10M | $5.78M | $6.51M | $7.03M |
| Depreciation and amortization | $7.35M | $7.70M | $6.87M | $7.05M | $6.99M | $7.00M | $6.86M | $6.76M | $6.16M | $7.19M | $7.05M | $4.03M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 2.2% | 6.2% | 0.9% | 7.0% | 12.4% | 11.6% | 15.5% | -12.4% | -19.3% | -18.0% | -12.6% | - |
| Net income growth, YoY | -73.0% | 185.3% | -69.5% | -97.4% | - | -59.1% | 183.1% | 2492.6% | - | 5116.7% | - | - |
| EPS growth, YoY | - | - | -75.0% | - | - | - | - | - | - | - | - | - |
| Gross margin | - | - | - | - | - | - | - | - | - | 174.6% | 182.6% | 147.4% |
| Operating margin | -1.7% | 6.5% | 3.1% | 2.7% | -9.3% | 9.3% | 3.9% | 6.6% | -2.8% | 4.1% | 0.6% | 2.1% |
| Net margin | 6.6% | 3.8% | 1.8% | 5.6% | 24.8% | 1.4% | 6.0% | 229.7% | -16.3% | 3.9% | 2.4% | 7.8% |
| Free cash flow margin | 24.4% | 16.7% | 26.2% | 24.7% | 13.1% | -51.0% | 21.1% | 28.5% | 15.6% | 20.4% | 30.3% | 16.6% |
| Current ratio | 1.21 | 1.34 | 1.61 | 1.95 | 2.02 | 1.18 | 0.94 | 0.93 | 2.98 | 0.81 | 0.50 | 0.92 |
| Debt to equity | 0.41 | 0.18 | - | 0.00 | 0.00 | 0.02 | 0.05 | 0.05 | 1.08 | 1.07 | 1.12 | 1.18 |
Source: XBRL data i3 Verticals Inc. files with the SEC, latest filing dated Aug 7, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| IIIV | $218.16M | +4.1% | $9.71M | 4.5% | $508.3M |
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| ORCL | $71.78B | +21.6% | $18.92B | 26.4% | $362.21B |
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| CRWD | $5.40B | +24.3% | $58.46M | 1.1% | $234.05B |
| SHOP | $14.17B | +32.5% | $2.13B | 15.0% | $195.63B |
| CRM | $43.94B | +11.2% | $9.66B | 22.0% | $176.90B |
| NOW | $15.43B | +21.8% | $1.45B | 9.4% | $106.66B |