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Other financials

Income statement

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Revenue$57.5M+6.2%
Gross profit$56.0M
Operating income$3.7M-26.0%
Net income$1.5M+1,051%
EPS (diluted)$0.07+75.0%

Balance sheet

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Cash & equivalents$10.1M-1.5%
Total debt$85.6M+327%
Total equity$317.4M-17.6%
Total assets$636.4M-1.5%

Cash flow

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Operating cash flow$10.0M+137%
CapEx$407.0K-18.8%

Valuation

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Market cap$392.76M-34.6%
Enterprise value$468.25M-23.3%
P/E21.9×+16.6×
P/S1.8×-1.1×

Profitability

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Gross margin100.6%
Operating margin0.9%-3.6pp
Net margin8.3%-46.8pp
FCF margin20.2%+17.6pp

Returns & leverage

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Return on equity5.1%-30.3pp
Debt / equity0.3×+0.2×
Current ratio1.3×+0.2×

Where this comes from

Calculated from i3 Verticals, Inc.’s reported figures.

The official record: i3 Verticals, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is i3 Verticals, Inc.'s free cash flow?
i3 Verticals, Inc. (IIIV) reported free cash flow of $9.62M in Q1 2026.
How has i3 Verticals, Inc.'s free cash flow changed year-over-year?
i3 Verticals, Inc.'s free cash flow increased by 134.8% year-over-year, from -$27.62M to $9.62M.
What is the long-term trend for i3 Verticals, Inc.'s free cash flow?
Over 4 years (2021 to 2025), i3 Verticals, Inc.'s free cash flow has grown at a -45.5% compound annual growth rate (CAGR), from $42.6M to $3.75M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.