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i3 Verticals, Inc. IIIV R2K

Technology · Software - Infrastructure · United States
https://www.i3verticals.com
Company Profile ↓
$20.87
-25.70% 1Y
Mkt Cap$408.01M
P/E189.73
P/B1.33
52W High$33.11
52W Low$18.69
Book Value$15.45
EPS (TTM)$0.11

Company Overview

i3 Verticals, Inc. provides enterprise software and services solutions to public sector entities in the United States and Canada. The company offers digital solutions for dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems; E-Filing and revenue cycle management solutions for courts; solutions for computer aided dispatch, records management, evidence management, jail management, mobile solutions, and livescan; and software solutions for vehicle title and registration, driver's license and permit management, and motor carrier compliance for departments of transportation. It also provides digital customer engagement platform, comprising web, mobile, chat, and voice options; billing and back-office management software solutions and services; solutions for school lunch programs, including meal account management, point of sale, menu planning, nutritional analysis, food inventory and free, and reduced meal applications, as well as school event solutions, such as ticketing and concessions. In addition, the company offers government fund accounting software; digital land records solutions, including AI indexing of information; computer assisted mass appraisal solutions; licensing and permitting solutions that include automation every step of the application, renewal, and payment process; and tax and revenue collection management solutions. i3 Verticals, Inc. was founded in 2012 and is based in Nashville, Tennessee.

Why Investors Should Care

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.20.

Recent Developments

  • Sep 2025 Revenue of $213.16M (+11.5% YoY); net profit $17.87M.
  • Trailing 12 Months Year-on-year growth — revenue +6.2%, earnings -84.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 0.7%.

Growth & Price Performance

Compounded Sales Growth

5 Years:0.73%
1 Year:6.20%

Compounded Profit Growth

5 Years:-
1 Year:-84.23%

Stock Price Performance

1 Year:-25.70%
6 Months:-23.94%
3 Months:+0.19%
1 Month:+3.32%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 15% of range
$18.69 $33.11
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMABelow
  • RSI (14)50.97 · Neutral
Price Performance
1M+3.32%
3M+0.19%
6M-23.94%
1Y-25.70%
Valuation vs Sector

P/E of 189.73 is above the sector median of 36.02 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

No notable strengths flagged.

CONS

  • Trading at a high P/E of 189.7.
  • Trading 37.0% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
189.73
Industry PE
36.02
Forward P/E
16.46
PEG Ratio
1.24
Book Value
$15.45
Price to Book
1.33
P/S
1.97
EV/EBITDA
26.18
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
0.73%
Profit 5Y
-
Revenue (YoY)
6.20%
Earnings (YoY)
-84.23%

Profitability & Returns

ROCE
0.67%
ROE
4.59%
ROA
2.80%
Profit Margin
-2.01%
Op Margin
6.54%
Gross Margin
19.08%
EPS (Latest Qtr)
$0.07
EPS (TTM)
$0.11

Balance Sheet & Liquidity

Debt/Equity
0.20
Quick Ratio
0.37
Current Ratio
0.50
Debt
$85.61M
Total Assets
$636.42M
Current Assets
$137.62M
Working Capital
$66.94M

Ownership

Promoter Holding
2.69%
Chg in Prom Hold
-
FII / Inst Holding
131.64%
Chg in FII Hold
0.89%

Financial Snapshot

Enterprise Value
$408.01M
Total Revenue (TTM)
$293.02M
EBITDA
$23.01M
Free Cash Flow
$-4.44M
Operating Cash Flow
$13.74M
Shares Outstanding
19.55M
Gross Margin
19.08%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 IIIV i3 Verticals, Inc. R2K 20.87 189.73 $408.01M 0.00% 0.67% 4.59% 0.73% -
2 NVDA NVIDIA Corporation NDXSPXAI 211.80 32.43 $5.13T 0.49% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 314.86 38.07 $4.62T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 384.93 22.91 $2.86T 0.93% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 420.39 36.18 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 389.11 64.85 $1.85T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 983.12 46.37 $1.11T 0.06% 13.69% 39.82% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 548.13 181.50 $893.78B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,775.64 59.55 $684.36B 0.47% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------84.87M85.39M97.48M-41.11M39.18M31.57M-44.62M49.20M63.13M-73.94M78.12M80.55M86.03M93.87M57.26M-55.05M57.97M46.18M-52.22M54.13M51.90M-52.67M57.52M
Gross Profit --13.69M-18.76M21.03M21.62M-23.09M24.26M27.39M-33.50M32.39M25.95M-36.73M44.40M55.19M-65.95M69.98M71.46M77.28M84.77M84.94M-82.58M84.68M--------
Operating Income 1.10M1.71M2.72M2.08M3.35M2.60M2.92M3.50M3.53M-203.00K1.19M1.87M4.10M2.04M437.00K1.20M-1.00M1.20M-835.00K627.00K-755.00K-6.18M-2.73M-558.00K313.00K-4.58M1.25M276.00K1.98M-1.31M3.41M2.05M5.06M-4.81M1.48M1.61M3.74M
Net Income -417.00K48.00K887.00K384.00K-332.00K-6.84M-564.00K736.00K178.00K-1.10M-1.19M-930.00K-149.00K737.00K-356.00K-651.00K-2.00M1.30M-3.28M-482.00K-2.53M-7.37M-3.73M-240.00K36.00K-5.16M4.55M1.10M1.88M-7.54M117.91M2.06M-154.00K12.88M3.09M484.00K1.46M
Diluted EPS -------0.010.080.02-0.12-0.12-0.07-0.010.05-0.02-0.06-0.100.04-0.15-0.05-0.11-0.33-0.17-0.010.00-0.22-0.040.08-0.32-0.08-0.50-0.020.07

Profit & Loss (Annual)

Figures in USD.

Metric Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Revenue 199.64M262.57M323.51M376.31M150.13M224.12M187.75M189.68M191.23M213.16M
Gross Profit 45.57M56.76M83.18M106.87M123.35M195.34M282.73M333.33M--
Operating Income 3.96M7.60M12.36M6.39M7.77M-12.00K-23.14M-4.41M4.36M3.78M
Net Income -2.09M902.00K-6.90M-3.04M-419.00K-4.46M-17.10M-811.00K113.34M17.87M
Diluted EPS --0.08-0.29-0.03-0.22-0.77-0.074.730.72

Balance Sheet (Annual)

Figures in USD.

Metric Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Total Assets 100.28M139.99M175.14M349.30M403.53M-770.31M884.42M730.67M638.41M
Current Assets ------83.81M85.54M153.39M137.62M
Cash & Equivalents -955.00K572.00K1.12M15.57M-3.49M3.10M86.53M66.67M
Inventory ------4.12M2.04M2.42M2.52M
Receivables ------53.33M50.78M50.78M58.47M
Total Liabilities -129.12M62.94M206.86M163.36M-462.62M556.12M215.32M120.69M
Current Liabilities -20.22M26.44M35.23M38.90M-111.26M93.46M164.73M70.69M
Long Term Debt -106.84M31.78M139.30M90.76M200.60M287.02M388.00M--
Total Debt ------305.58M400.63M33.42M4.79M
Total Equity --39.30M80.07M155.58M-218.38M236.75M379.74M389.58M
Shares Outstanding ------22.99M23.25M23.88M23.98M

Cash Flows (Annual)

Figures in USD.

Metric Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Operating Cash Flow 10.01M8.33M18.08M26.60M23.72M-43.76M37.17M48.41M5.69M
Investing Cash Flow -35.15M-47.90M-38.05M-143.73M-35.43M--113.05M-121.52M396.15M76.46M
Financing Cash Flow 28.92M37.35M19.24M119.09M29.11M-75.12M72.98M-367.36M-104.41M
Capital Expenditure -862.00K-636.00K-2.22M-807.00K-2.91M--12.44M-16.38M-14.96M-10.13M
Free Cash Flow 9.14M7.69M15.86M25.79M20.81M-31.32M20.80M33.45M-4.44M
Net Change in Cash ------5.83M-11.37M77.20M-22.26M
Share Buybacks -------0037.60M

Ratios (Annual)

Figures in %.

Metric Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Gross Margin % 22.8%21.6%25.7%28.4%82.2%87.2%150.6%175.7%--
Operating Margin % 2.0%2.9%3.8%1.7%5.2%-0.0%-12.3%-2.3%2.3%1.8%
Net Margin % -1.0%0.3%-2.1%-0.8%-0.3%-2.0%-9.1%-0.4%59.3%8.4%
ROE % ---17.6%-3.8%-0.3%--7.8%-0.3%29.8%4.6%
ROCE % -6.3%8.3%2.0%2.1%--3.5%-0.6%0.8%0.7%

Shareholding Pattern

Insiders
2.69%
Institutions
131.64%
Public Float
135.28%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.08% 1.78M $38.81M
2 Geneva Capital Management LLC 7.96% 1.56M $34.00M
3 William Blair Investment Management, LLC 6.02% 1.18M $25.72M
4 AltraVue Capital, LLC 5.99% 1.17M $25.57M
5 Punch & Associates Investment Management, Inc. 5.28% 1.03M $22.57M
6 North Reef Capital Management LP 5.24% 1.02M $22.40M
7 Crosslink Capital Inc 4.94% 966.00K $21.11M
8 Vanguard Capital Management LLC 4.93% 963.15K $21.05M
9 Ranger Investment Management, L.p. 4.74% 925.89K $20.24M
10 Jennison Associates LLC 4.45% 870.05K $19.01M

Analyst View

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Latest News

Recent headlines for IIIV

Google News Wed, 24 Jun 2026

i3 Verticals (IIIV) Stock Gets Fair Value Trim After Analysts Cut Targets - Yahoo Finance

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Google News ue, 14 Jul 2026

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Google News hu, 14 May 2026

Daily Family entity buys 50K i3 Verticals (IIIV) shares in open market - Stock Titan

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Google News hu, 08 Jan 2026

i3 Verticals, Inc.'s (NASDAQ:IIIV) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue? - simplywall.st

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Google News Wed, 24 Jun 2026

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IIIV — Frequently Asked Questions

What is the current share price of i3 Verticals, Inc. (IIIV)?

As of 2026-07-14 21:23 PDT, i3 Verticals, Inc. (IIIV) trades at $20.87 on NasdaqGS. Its 52-week range is $18.69 to $33.11.

What is the market capitalisation of IIIV?

i3 Verticals, Inc. (IIIV) has a market capitalisation of $408.01M on NasdaqGS.

What is the P/E ratio of IIIV?

IIIV trades at a trailing price-to-earnings (P/E) ratio of 189.73. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 1.33.

What is the return on equity (ROE) of IIIV?

IIIV has a return on equity (ROE) of 4.59%. Its return on capital employed (ROCE) is 0.67%.

Is IIIV a good stock to buy?

This page provides a data-driven analysis of i3 Verticals, Inc. (IIIV), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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