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i3 Verticals, Inc. IIIV Operating Income

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Other financials

Income statement

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Revenue$53.1M+2.2%
Gross profit$56.0M
Net income$3.5M-73.0%
EPS (diluted)$0.19+733%

Balance sheet

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Cash & equivalents$5.4M-90.2%
Total debt$118.9M+2,105%
Total equity$280.5M-26.8%
Total assets$627.0M+0.6%

Cash flow

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Operating cash flow$14.3M+94.0%
CapEx$1.3M+141%
Free cash flow$13.0M+90.3%

Valuation

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Market cap$341.54M-54.5%
Enterprise value$454.96M-35.1%
P/E40.1×+34.4×
P/S1.6×-2.0×

Profitability

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Gross margin100.6%
Operating margin2.7%0.0pp
Net margin3.9%-59.4pp
FCF margin22.9%+20.6pp

Returns & leverage

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Return on equity2.6%-39.4pp
Debt / equity0.4×+0.4×
Current ratio1.2×-0.8×

Where this comes from

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

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: i3 Verticals, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:27 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001728688-26-000045
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Depreciation and amortization7,3496,98921,91720,848
Change in fair value of contingent consideration1,438(26)940440
Total operating expenses53,95956,714158,796155,956
(Loss) income from operations(892)(4,813)4,4602,301
Other expenses (income)
Interest expense1,8208063,3421,932
Other income(9,903)(4,601)(10,534)(7,020)
Total other income(8,083)(3,795)(7,192)(5,088)

Item 1. Financial Statements (Unaudited)

FAQ

What is i3 Verticals, Inc.'s operating income?
i3 Verticals, Inc. (IIIV) reported operating income of -$892K in Q2 2026.
How has i3 Verticals, Inc.'s operating income changed year-over-year?
i3 Verticals, Inc.'s operating income increased by 81.5% year-over-year, from -$4.81M to -$892K.
What is the long-term trend for i3 Verticals, Inc.'s operating income?
Over 4 years (2021 to 2025), i3 Verticals, Inc.'s operating income has grown at a 321.2% compound annual growth rate (CAGR), from -$12K to $3.78M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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