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i3 Verticals, Inc. IIIV Software and related services revenue — Revenue

Other product segments

Proprietary payments revenue
$14.52M+3.3%
Other revenue
$2.32M-3.3%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 software and related services revenue — revenue?
i3 Verticals, Inc. (IIIV) reported software and related services revenue — revenue of $40.68M in Q1 2026.
How has i3 Verticals, Inc.'s software and related services revenue — revenue changed year-over-year?
i3 Verticals, Inc.'s software and related services revenue — revenue increased by 8.0% year-over-year, from $37.68M to $40.68M.
What is the long-term trend for i3 Verticals, Inc.'s software and related services revenue — revenue?
Over 4 years (2021 to 2025), i3 Verticals, Inc.'s software and related services revenue — revenue has grown at a 14.2% compound annual growth rate (CAGR), from $87.59M to $149.04M.
What does software and related services revenue — revenue mean?
This metric represents the total revenue generated from the sale of proprietary software applications and associated professional services, excluding pure payment processing fees. It reflects the company's ability to monetize its vertical-specific software solutions and recurring subscription-based service offerings. Growth in this segment indicates successful adoption of the company's integrated software ecosystem within its target markets.