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i3 Verticals, Inc. IIIV Shares (Diluted)

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Other financials

Income statement

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Revenue$53.1M+2.2%
Gross profit$56.0M
Operating income-$892.0K+81.5%
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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Net income attributable to Class A common stockholders$3,482$12,882$5,430$14,784
Reallocation of net income assuming conversion of common units(1)(2)4,2145,716
Net income attributable to Class A common stockholders – diluted$3,482$17,096$5,430$20,500
Denominator
Weighted average shares of Class A common stock outstanding19,419,79224,345,82621,638,10823,909,714
Weighted average effect of dilutive securities(3)123,8199,590,295647,52110,273,553
Weighted average shares of Class A common stock outstanding – diluted19,543,61133,936,12122,285,62934,183,267
Diluted net income per share$0.18$0.50$0.24$0.60

Item 1. Financial Statements (Unaudited)

FAQ

What is i3 Verticals, Inc.'s shares (diluted)?
i3 Verticals, Inc. (IIIV) reported shares (diluted) of 19.5M in Q2 2026.
How has i3 Verticals, Inc.'s shares (diluted) changed year-over-year?
i3 Verticals, Inc.'s shares (diluted) decreased by 42.4% year-over-year, from 33.9M to 19.5M.
What is the long-term trend for i3 Verticals, Inc.'s shares (diluted)?
Over 3 years (2021 to 2024), i3 Verticals, Inc.'s shares (diluted) has grown at a 2.7% compound annual growth rate (CAGR), from 106.2M to 114.8M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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