Company / Gross Margin
i3 Verticals, Inc. Gross Margin History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
605.5%
FY2023
5-year range
87.2% / 605.5%
FY2019-FY2023
Trend
+302.1%
vs FY2022
Sector context
#1 of 186
Industrials
What the data says
Gross Margin changed +302% YoY in FY2023, a notable deviation from the 7-year average annual change of +85%.
Based on SEC 10-K filings.
605.5% in FY2023 with a 5-year CAGR of +582.6%. Ranks 1st among 186 companies in Industrials.
Improved from 87.2% to 605.5% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +523.3pp
- 5-Year Change
- +582.6pp
- 10-Year Change
- -
Sector benchmark
Top 1% in IndustrialsTop 1% of 186This company 605.5% Sector average 28.8%
▼
+2003.6% above sector average
Key checks
Key Insights
- i3 Verticals, Inc.'s gross margin has grown for 6 consecutive years.
- In FY2023, gross margin increased 302.1% year-over-year.
- Currently 576.7pp above the Industrials sector average.
- Lowest gross margin in the period was in FY2017.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | 605.5% | +302.1% |
| FY2022 | 150.6% | +72.8% |
| FY2021 | 87.2% | +6.1% |
| FY2020 | 82.2% | +189.3% |
| FY2019 | 28.4% | +24.4% |
| FY2018 | 22.8% | +5.6% |
| FY2017 | 21.6% | -5.3% |
| FY2016 | 22.8% | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026