Saturday 17 October 2026 Export IIIV’s income statement to Excel — free account

i3 Verticals, Inc.

In the quarter to June 2026, revenue grew 2.25%, EPS fell 66.0% and free cash flow grew 129.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

16.68 0.08 +0.48%

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Market cap: $437.0M
P/E: 41.7×
Fwd P/E: 119×
Dividend yield: —
F-score: 5/9
Altman Z: 4.60
Beneish M: −2.19
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.96

Total sells 0.70

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	—	—	—
Sell	2	1	—	—	1	—	—	—	—	—	—	—

Insider Ownership 12.26%

Capital & Financial Ratios $m

Market Cap 436.95

Revenue 218.16

Net Income 13.00

Free Cash Flow 41.93

Net Debt 111.63

Current Ratio 1.21

Debt/Equity 0.29

P/E ratio 41.70

Fwd P/E 119.00

P/S ratio 1.48

P/B ratio 0.81

Past 5Y EPS Growth —

This Y EPS Growth 2.14%

Next Y EPS Growth 13.75%

Next Y revenue growth 2.13%

Next 5Y EPS Growth 9.41%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 59.63%

10-year low 10-year high

P/S against its own 10 years 25.23%

10-year low 10-year high

P/B against its own 10 years 2.06%

10-year low 10-year high

EV/Sales against its own 10 years 26.14%

10-year low 10-year high

EV/FCF against its own 10 years 2.34%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3	87	67	3
Receivables	51	51	58	49
Inventory	—	—	—	—
Other	22	6	0	0
	86	153	138	63

	2023	2024	2025	Q'26
Payables	6	5	6	4
ST’ Debt	5	26	—	—
Other	17	5	0	0
	93	165	71	53

Compound Annual Growth %

	10y	5y	3y
Sales	—	7.26%	4.32%
Cash Flow	—	(24.83%)	(49.33%)
Earnings	—	0.00%	0.00%
Book Value	—	16.60%	18.94%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	53	58	53	—	—
’25	52	54	52	55	213
’24	55	58	46	32	191
’23	86	94	57	—	190
’22	74	78	81	(45)	188
’21	45	49	63	67	224
’20	41	39	32	38	150

Fiscal quarters ending in the months shown.

value withheld pending a data check

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	14	10	14	—	—
’25	11	(27)	7	14	6
’24	14	11	8	15	48
’23	18	8	0	11	37
’22	22	9	5	8	44
’21	12	18	4	10	45
’20	7	1	1	14	24

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	12	7	11	—	—
’25	10	(29)	5	12	(3)
’24	8	6	4	11	29
’23	14	4	(4)	5	19
’22	20	6	1	4	31
’21	10	16	0	8	35
’20	6	(1)	(1)	12	16

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	0.02	0.07	0.18	—	—
’25	0.08	(0.01)	0.50	0.11	0.70
’24	0.04	0.08	(0.32)	4.65	4.64
’23	(0.01)	0.00	(0.22)	0.11	(0.07)
’22	(0.11)	(0.33)	(0.17)	(0.15)	(0.77)
’21	(0.13)	0.04	(0.15)	(0.05)	(0.22)
’20	(0.01)	0.05	(0.02)	(0.06)	(0.03)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	13.79	18.65	13.01	17.80	18.59	17.87	17.54	22.00	Analyst estimates 2026–2028 Powerpack
	High	—	—	25.50	31.45	37.85	35.99	30.26	30.84	26.66	33.97
People
People	Employees	—	326	338	542	740	1,438	1,637	1,663	1,480	1,202
	Revenue/emp, $m	0.00	0.81	0.96	0.69	0.20	0.16	0.11	0.11	0.13	0.18
Income, $m
Income, $m	Revenue	200	263	324	376	150	224	188	190	191	213
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	(2)	1	(5)	0	(4)	(7)	(39)	(28)	(22)	11
	EBT margin, %	(0.93)	0.41	(1.43)	0.10	(2.51)	(3.22)	(20.72)	(14.93)	(11.25)	5.11
	Net income	(2)	1	(5)	1	(1)	(8)	(23)	(3)	175	27
	Depreciation	10	11	13	17	22	30	35	38	39	31
Per share, $
Per share, $	Revenue	21.96	28.88	36.71	35.87	10.12	10.68	8.44	8.20	8.17	8.91
	Earnings	(0.23)	0.10	0.08	(0.29)	(0.03)	(0.21)	(0.77)	(0.04)	4.84	0.75
	Cash flow	1.10	0.92	2.05	2.54	1.60	2.12	1.97	1.61	2.07	0.24
	Capex	(0.32)	(0.41)	(0.65)	(0.64)	(0.52)	(0.47)	(0.56)	(0.80)	(0.84)	(0.36)
	Free cash flow	0.78	0.51	1.41	1.90	1.08	1.65	1.41	0.80	1.23	(0.12)
	Book value	(1.05)	0.35	12.73	13.58	16.19	13.79	13.83	14.19	22.01	21.65
	Shares, m	9	9	9	10	15	21	22	23	23	24
Valuation, ×
Valuation, ×	P/E	0.00	0.00	297.13	0.00	0.00	0.00	0.00	0.00	4.45	44.47
	P/S	0.00	0.00	0.65	0.56	2.49	2.27	2.37	2.49	2.61	3.64
	P/B	0.00	0.00	1.87	1.48	1.56	1.76	1.45	1.44	0.97	1.50
	EV/Sales	0.00	0.00	0.76	0.94	3.03	3.16	3.91	4.54	4.11	3.51
	EV/FCF	17.61	17.61	19.83	17.80	28.46	20.47	23.48	46.29	27.41	(199.97)
Cash, $m
Cash, $m	Operating cash flow	10	8	18	27	24	45	44	37	48	6
	Capex	(3)	(4)	(6)	(7)	(8)	(10)	(12)	(19)	(20)	(9)
	Free cash flow	7	5	12	20	16	35	31	19	29	(3)
Balance, $m
Balance, $m	Working capital	(5)	(5)	(10)	(15)	(1)	(38)	(27)	(8)	(11)	67
	Total debt	84	111	37	139	91	204	292	393	26	—
	Net debt	80	110	36	138	75	200	288	389	(60)	(67)
	Shareholders’ equity	(10)	3	112	142	240	290	308	328	515	518
Returns, %
Returns, %	ROA	(1.74)	0.75	(4.38)	(1.16)	(0.11)	(0.84)	(2.41)	(0.10)	14.04	2.61
	ROIC	3.53	4.20	5.21	1.42	1.54	0.00	(2.43)	(0.38)	0.60	0.52
	ROE	65.78	(28.35)	(11.96)	(2.39)	(0.22)	(1.68)	(5.73)	(0.26)	26.87	3.46

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026 · fundamentals updated 1 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
KPLT Katapult Holdings, Inc.	$490.4M	4.7×	— (loss-making)	+4.00% (above 0%: growing)	n/m	+6.44% (above 0%: growing)	15.39%	(2.58%)	Compare
ALLT Allot Ltd.	$445.7M	41.0×	61.6×	+15.33% (above 0%: growing)	n/m	+122.93% (above 0%: growing)	71.27%	3.96%	Compare
IIIV i3 Verticals, Inc.	$437.0M	41.7×	119×	+2.25% (above 0%: growing)	−66.04% (below 0%: shrinking)	+129.93% (above 0%: growing)	100.00%	(1.68%)
OWLS OBOOK Holdings Inc.	$415.2M	—	—	—	—	−18.94% (below 0%: shrinking)	—	—	Compare
CINT CI&T Inc.	$387.8M	10.4×	11.6×	+21.88% (above 0%: growing)	−28.57% (below 0%: shrinking)	−1,767.69% (below 0%: shrinking)	31.09%	8.45%	Compare
LSAK Lesaka Technologies, Inc.	$381.8M	125×	19.0×	+11.79% (above 0%: growing)	n/m	+167.38% (above 0%: growing)	33.21%	3.22%	Compare
RPAY Repay Holdings Corporation	$369.5M	— (loss-making)	— (loss-making)	+33.16% (above 0%: growing)	n/m	+21.11% (above 0%: growing)	70.13%	(3.23%)	Compare
QIWI QIWI PLC	$355.6M	9.1×	3.3×	−360.74% (below 0%: shrinking)	n/m	−94.56% (below 0%: shrinking)	51.39%	24.46%	Compare
NUAI New Era Energy & Digital, Inc.	$354.9M	— (loss-making)	—	−82.54% (below 0%: shrinking)	n/m	−399.88% (below 0%: shrinking)	100.00%	(46,250.68%)	Compare
Median of peers	$384.8M	10.4×	15.3×	+11.79%	—	−6.25%	51.39%	3.22%

All 173 Software Infrastructure stocks →

i3 Verticals, Inc. (IIIV) key facts

i3 Verticals, Inc. (IIIV) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, IIIV traded at $16.68, a market capitalization of $437.0 million.
Return on equity was 3.46% and debt-to-equity 0.29.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 4.60 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 1, 2026.