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IIIV

i3 Verticals·NASDAQ
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IIIV fundamentals

i3 Verticals (IIIV) released its earnings on Nov 17, 2025: revenue was 54.90M (YoY -9.80%), beat estimates; EPS was 0.27 (YoY +80.00%), beat estimates.
Revenue / YoY
54.90M
-9.80%
EPS / YoY
0.27
+80.00%
Report date
Nov 17, 2025
IIIV Earnings Call Summary for Q4,2025
  • Revenue Growth: Q4 2025 revenue up 7% YoY to $54.9 million, with 8.4% organic growth for the year. ARR grew 9%, outpacing revenue.
  • Strategic Shift: Transition to SaaS and recurring revenue, with 75% of Q4 revenue from recurring sources. West Virginia deal highlights bundled solutions with ancillary services.
  • Financial Health: $67 million cash, no debt. 2026 guidance: $217-232 million revenue, 8-10% recurring growth, and 104% net dollar retention.
  • M&A Focus: Targeting $2-5 million EBITDA deals, with 2026 expected to see 'meaningful' tuck-in acquisitions.
  • Investment in Justice Tech: ~$1 million/Q4 investments to accelerate product development, supporting long-term growth.
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Revenue

Revenue & Expenses

IIIV has released its 2025 Q4 earnings report, with revenue of 54.90M, reflecting a YoY change of 6.97%, and net profit of 4.20M, showing a YoY change of -97.65%. The Sankey diagram below clearly presents IIIV's revenue sources and cost distribution.

Key Indicators

i3 Verticals (IIIV) key financial stats and ratios, covering profitability, financial health, and leverage.
i3 Verticals (IIIV)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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i3 Verticals (IIIV)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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i3 Verticals (IIIV)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does i3 Verticals (IIIV) generate its revenue? Explore its key revenue streams and top earning regions.
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Track i3 Verticals (IIIV) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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