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i3 Verticals, Inc. IIIV Reportable Segment — People operating expenses

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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%
Free cash flow$9.6M+135%

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

Reported directly by i3 Verticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

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 reportable segment — people operating expenses?
i3 Verticals, Inc. (IIIV) reported reportable segment — people operating expenses of $16.06M in Q1 2026.
How has i3 Verticals, Inc.'s reportable segment — people operating expenses changed year-over-year?
i3 Verticals, Inc.'s reportable segment — people operating expenses increased by 1.1% year-over-year, from $15.9M to $16.06M.
What does reportable segment — people operating expenses mean?
This metric represents the total compensation and benefits costs for employees directly supporting the operations of the business segment. It reflects the investment in human capital required to develop, maintain, and support the segment's software and payment solutions. Managing this expense is critical for balancing talent retention with overall segment profitability.