i3 Verticals, Inc. Income Statement
IIIV / Industrials|10 years of annual SEC 10-K data (FY2016-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 10 fiscal years. All figures from audited SEC 10-K filings.
i3 Verticals, Inc. reported $213M in revenue and $18M in net income for FY2025. Revenue has grown at a 0.7% compound annual rate over the past 9 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $213.2M | $58.0M | $55.1M | $187.8M | $224.1M | $150.1M | $376.3M | $199.6M | $262.6M | $199.6M |
| Cost of Revenue | - | - | - | - | $0 | $0 | $242.9M | $141.0M | $189.1M | $141.0M |
| Gross Profit | - | - | $333.3M | $282.7M | $195.3M | $123.4M | $106.9M | $45.6M | $56.8M | $45.6M |
| SG&A Expense | $114.7M | $100.8M | $106.0M | $156.7M | $134.9M | $78.3M | $62.9M | $20.4M | $27.2M | $20.4M |
| Operating Income | $3.8M | $4.4M | -$4.4M | -$23.1M | -$12.0K | $7.8M | $6.4M | $4.0M | $7.6M | $4.0M |
| Interest Expense | - | - | - | - | - | - | - | -$5.9M | -$6.9M | -$5.9M |
| Income Tax | $5.3M | -$5.5M | -$3.5M | $152.0K | $623.0K | -$2.8M | -$177.0K | $243.0K | $177.0K | $243.0K |
| Net Income | $17.9M | $113.3M | -$811.0K | -$17.1M | -$4.5M | -$419.0K | -$3.0M | -$2.1M | $902.0K | -$2.1M |
| EPS (Basic) | $0.75 | - | -$0.21 | -$0.03 | -$0.29 | $0.08 | $0.08 | -$0.01 | - | - |
| EPS (Diluted) | $0.72 | - | -$0.22 | -$0.03 | -$0.29 | $0.08 | $0.08 | -$0.01 | - | - |
| Shares Outstanding | 34.2M | - | 31.7M | 27.4M | 10.5M | 26.9M | 8.8M | 8.8M | - | - |
| Gross Margin | - | - | 605.5% | 150.6% | 87.2% | 82.2% | 28.4% | 22.8% | 21.6% | 22.8% |
| Operating Margin | 1.8% | 7.5% | -8.0% | -12.3% | -0.0% | 5.2% | 1.7% | 2.0% | 2.9% | 2.0% |
| Profit Margin | 8.4% | 195.5% | -1.5% | -9.1% | -2.0% | -0.3% | -0.8% | -1.1% | 0.3% | -1.1% |