NASDAQ · Software - Infrastructure · USD

i3 Verticals, Inc. (IIIV) Stock Analysis

i3 Verticals, Inc. (IIIV) is a Software - Infrastructure stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

IIIV

$16.94

−$0.13 (−0.76%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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IIIV Key Statistics

As of Oct 21, 2026

Trading

Open: $17.00
Previous Close: $17.07
Day's Range: 16.87–17.20
52-Week Range: 13.63–33.97
Volume: 267.08K
Beta: 0.78

Valuation

Market Cap: $589.23M
P/E Ratio: 58.41
Forward P/E: 13.89
PEG Ratio: 1.24
P/S ratio: 2.70
EPS (ttm): 0.29

Financials (FY)

Revenue (FY): $213.16M+11.47%
Net Income (FY): $17.87M−84.23%
Profit margin: 3.90%
Shares Outstanding: 18.02M
1-Year Return: −45.30%

Dividend and dates

Earnings Date: November 19, 2026estimated
Avg Volume: 501.30K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, IIIV closed at $16.94, −45.30% over 1 year.

i3 Verticals, Inc. (IIIV) has a market capitalization of $589.23M.

In fiscal 2025, IIIV reported revenue of $213.16M.

IIIV Stock Return by Calendar Year

i3 Verticals, Inc. (IIIV) return since Jun 2018: what $10,000 became

1 year: $10,000 $5,470; −45.30%
5 years: $10,000 $7,020; −29.80%
Since Jun 2018: $10,000 $9,232; −7.68%

If you had invested $10,000 in i3 Verticals, Inc. (IIIV) at the close on June 21, 2018, the earliest close on record here, it would have been worth $9,232 at the close on October 21, 2026: −7.68% in total, −0.95% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+31.34%−32.75%

2018*20192020202120222023202420252026*

Year	Return
2026 (partial year)	−32.75%
2025	+9.33%
2024	+8.83%
2023	−13.02%
2022	+6.80%
2021	−31.36%
2020	+17.52%
2019	+17.22%
2018 (partial year)	+31.34%

As of October 21, 2026.

IIIV Revenue and Earnings by Fiscal Year

FY ends September

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$213.16M	$17.87M	8.4%
2024	$191.23M	$113.34M	59.3%
2023	$189.68M	−$811.00K	−0.4%
2022	$187.75M	−$17.10M	−9.1%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$213.16M	$146.57M	$4.01M	$17.87M	8.4%
2024	$191.23M	$130.72M	$4.38M	$113.34M	59.3%
2023	$189.68M	$134.87M	$5.57M	−$811.00K	−0.4%
2022	$187.75M	$174.92M	−$1.08M	−$17.10M	−9.1%

Annual figures as reported, in the company's reporting currency. As of September 30, 2025.

IIIV Valuation vs Software - Infrastructure Median

Median of 182 stocks

Metric	IIIV	Software - Infrastructure median	vs median
P/E	58.41	30.17	94% above
P/S ratio	2.70	3.27	17% below
Profit margin	3.90%	2.53%	1.4 pts above

Medians across 182 Software - Infrastructure stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

i3 Verticals, Inc. (IIIV) carries a market capitalisation of $589.23M. The company sits in the Technology sector, in the Software - Infrastructure industry. The company reports 1,202 employees.

The 52-week range on file runs from $13.63 to $33.97. The most recent close on file for IIIV is $16.94, dated October 21, 2026. That is −$0.13 (−0.76%) against the previous close. The latest close sits 24.28% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $213.16M. That is +11.47% against the prior fiscal year, when revenue was $191.23M. The same year closed with net income of $17.87M. That is −84.23% against the prior fiscal year. Profit margin runs at 3.9%. That is 1.4 percentage points above the Software - Infrastructure median of 2.53%. Trailing earnings per share are 0.29.

Across the 4 fiscal years on file, revenue moves from $187.75M in 2022 to $213.16M in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 58.41 times earnings. That is 93.64% above the Software - Infrastructure median of 30.17. On forward earnings the ratio is 13.89. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.24. The price-to-sales ratio is 2.7. On price-to-sales that is 17.33% below the Software - Infrastructure median of 3.27. 182 Software - Infrastructure companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is −45.30%. Measured over 5 years, that is −6.83% a year compounded. The reported beta is 0.78. Daily returns over the trailing 8 years annualize to a volatility of 47.77%.

Growth & Income

No dividend is on file for IIIV.

The strongest complete calendar year on file is 2020 at +17.52%; the weakest is 2021 at −31.36%. Of the 7 complete calendar years on file, 5 finished higher. So far in 2026 the total return is −32.75%.

Peer Comparison

i3 Verticals, Inc. (IIIV) operates in the Software - Infrastructure industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
i3 Verticals, Inc.	IIIV	$589.23M	58.4
Microsoft Corporation	MSFT	$3.96T	29.7
Palantir Technologies Inc.	PLTR	$484.74B	173.9
Oracle Corporation	ORCL	$391.46B	20.2

The Software - Infrastructure industry average P/E ratio is 30.2x. i3 Verticals, Inc. trades at a P/E of 58.4.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About i3 Verticals, Inc.

i3 Verticals, Inc. provides enterprise software and services solutions to public sector entities in the United States and Canada. The company offers digital solutions for dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems; E-Filing and revenue cycle management solutions for courts; solutions for computer aided dispatch, records management, evidence management, jail management, mobile solutions, and livescan; and software solutions for vehicle title and registration, driver's license and permit management, and motor carrier compliance for departments of transportation. It also provides digital customer engagement platform, comprising web, mobile, chat, and voice options; billing and back-office management software solutions and services; solutions for school lunch programs, including meal account management, point of sale, menu planning, nutritional analysis, food inventory and free, and reduced meal applications, as well as school event solutions, such as ticketing and concessions. In addition, the company offers government fund accounting software; digital land records solutions, including AI indexing of information; computer assisted mass appraisal solutions; licensing and permitting solutions that include automation every step of the application, renewal, and payment process; and tax and revenue collection management solutions. i3 Verticals, Inc. was founded in 2012 and is based in Nashville, Tennessee.

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