i3 Verticals, Inc. (IIIV) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 78.21M | 100.39M | 137.63M | 117.78M | 80M | 153.1M | 153.39M | 308.04M | 87.07M | 90.12M | 85.54M | 96.67M | 89.84M | 91.18M | 83.81M | 73.15M | 71.45M | 66.81M | 58.12M | 49.28M |
| Cash & Short-Term Investments | 7.14M | 37.52M | 66.67M | 55.54M | 7.75M | 85.55M | 86.54M | 9.74M | 3.14M | 4.16M | 3.1M | 5.04M | 3.98M | 3.61M | 3.49M | 9.05M | 6.34M | 3.37M | 3.64M | 4.65M |
| Cash Only | 7.14M | 37.52M | 66.67M | 55.54M | 7.75M | 85.55M | 86.54M | 9.74M | 3.14M | 4.16M | 3.1M | 5.04M | 3.98M | 3.61M | 3.49M | 9.05M | 6.34M | 3.37M | 3.64M | 4.65M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 55.48M | 47.81M | 58.47M | 49.64M | 56.91M | 51.54M | 56.18M | 48.85M | 66.54M | 68.23M | 50.79M | 65.89M | 62.06M | 57.77M | 53.33M | 43.65M | 42.59M | 39.79M | 38.5M | 28.91M |
| Days Sales Outstanding | 80.81 | 92.82 | 90.58 | 93.41 | 77.39 | 80.32 | 79.38 | 93.69 | 105.78 | 99.44 | 55.67 | 101.67 | 57.45 | 59.41 | 52.33 | 48.71 | 47.45 | 48.71 | 43.69 | 38.57 |
| Inventory | 2.62M | 3.02M | 2.52M | 2.38M | 2.22M | 2.46M | 2.42M | 2.25M | 3.98M | 4.25M | 2.04M | 4.54M | 4.73M | 4.96M | 4.12M | 4.09M | 3.91M | 3.07M | 2.22M | 2.28M |
| Days Inventory Outstanding | 10.22 | 10.42 | 9.1 | 12.51 | 9.49 | 10.68 | 42.75 | 60.05 | 17.71 | 14.78 | 14.39 | 106.93 | 21.88 | 21.91 | 18.44 | 18.42 | 18.89 | 14.74 | 12.43 | 11.58 |
| Other Current Assets | 2.94M | 4.69M | 3.68M | 2.98M | 3.44M | 4.46M | 2.97M | 243.82M | 8.87M | 8.77M | 25.82M | 12.27M | 11.81M | 16.07M | 16.39M | 10.7M | 10.2M | 10.92M | 8.04M | 13.44M |
| Total Non-Current Assets | 558.21M | 495.54M | 500.79M | 505.5M | 566.36M | 573.12M | 577.28M | 553.69M | 778.48M | 786.82M | 798.87M | 779.15M | 793.18M | 778.27M | 686.5M | 707.28M | 701.21M | 709.62M | 593.68M | 595.32M |
| Property, Plant & Equipment | 10.51M | 10.79M | 11.76M | 12.5M | 15.36M | 15.53M | 17.63M | 18.49M | 23.81M | 23.86M | 21.87M | 27.01M | 27.67M | 29.1M | 23.35M | 24.21M | 25.52M | 26.07M | 20.38M | 20.45M |
| Fixed Asset Turnover | 5.40x | 4.67x | 4.53x | 3.73x | 4.08x | 3.72x | 3.37x | 2.65x | 2.43x | 2.41x | 3.94x | 2.09x | 3.31x | 3.28x | 3.59x | 3.24x | 3.03x | 3.18x | 3.48x | 3.06x |
| Goodwill | 282.28M | 248.47M | 248.47M | 248.19M | 280.68M | 280.68M | 280.68M | 269.19M | 410.77M | 410.77M | 267.98M | 409.04M | 409.04M | 398.8M | 353.64M | 353.88M | 349.45M | 349.6M | 292.24M | 284.25M |
| Intangible Assets | 209.07M | 132.94M | 184.11M | 188.6M | 211.51M | 216.82M | 221.41M | 210.67M | 282.49M | 287.45M | 221.21M | 290.05M | 294.73M | 292.05M | 248.26M | 252.22M | 254.06M | 258.52M | 213.08M | 220.27M |
| Long-Term Investments | 2.75M | 250K | 250K | 250K | 2.45M | 2.45M | 2.42M | 2.4M | 2.57M | 3.41M | 4.21M | 4.37M | 11.17M | 8.94M | 12.73M | 14.71M | 13.7M | 15.31M | 14.22M | 10.6M |
| Other Non-Current Assets | 5.75M | 54.72M | 7.14M | 6.86M | 6.59M | 9.17M | 6.7M | 2.63M | 7.25M | 9M | 231.08M | 5.97M | 5.79M | 5.59M | 5.06M | 10.56M | 9.72M | 9.48M | 3.77M | 8.49M |
| Total Assets | 636.42M | 595.93M | 638.41M | 623.27M | 646.36M | 726.23M | 730.67M | 861.72M | 865.54M | 876.94M | 884.42M | 875.82M | 883.03M | 869.45M | 770.31M | 780.42M | 772.66M | 776.44M | 651.8M | 644.6M |
| Asset Turnover | 0.09x | 0.09x | 0.09x | 0.08x | 0.09x | 0.08x | 0.08x | 0.06x | 0.07x | 0.06x | 0.11x | 0.07x | 0.11x | 0.10x | 0.11x | 0.10x | 0.10x | 0.10x | 0.11x | 0.10x |
| Asset Growth % | -1.54% | -17.94% | -12.63% | -27.67% | -25.32% | -17.19% | -17.38% | -1.61% | -1.98% | 0.86% | 14.81% | 12.22% | 14.28% | 11.98% | 18.18% | 21.07% | 28.17% | 56.01% | 61.53% | 78.82% |
| Total Current Liabilities | 58.57M | 62.26M | 70.69M | 58.21M | 67.69M | 163.43M | 164.73M | 103.29M | 108.01M | 180.54M | 93.46M | 96.98M | 108.68M | 113.27M | 111.26M | 105.6M | 122.75M | 149.78M | 96.51M | 80.59M |
| Accounts Payable | 3.63M | 4.11M | 6.25M | 4.5M | 4.32M | 7.4M | 4.89M | 5.96M | 12M | 9.71M | 6.37M | 8.3M | 7.92M | 8.41M | 9.34M | 8.08M | 9.33M | 8.26M | 7.87M | 6.42M |
| Days Payables Outstanding | 14.02 | 19.49 | 19.97 | 23.97 | 23.77 | 26.88 | 99.08 | 172.97 | 46.7 | 37.78 | 32.09 | 187.03 | 36.87 | 42.83 | 39.14 | 40.12 | 47.61 | 44.94 | 39.42 | 31.97 |
| Short-Term Debt | 1.79M | 1.81M | 1.83M | 2.02M | 3.34M | 29.57M | 28.53M | 29.7M | 30.64M | 95.07M | 3.66M | 4.6M | 4.63M | 4.72M | 4.57M | 4.62M | 4.68M | 4.47M | 3.2M | 3.19M |
| Deferred Revenue (Current) | 32.91M | 34.2M | 37.68M | 29.76M | 37.23M | 42.26M | 38.36M | 29.5M | 36.93M | 39.16M | 32.78M | 26.79M | 33.54M | 37.38M | 31.98M | 22.64M | 30.09M | 35.32M | 29.86M | 20.12M |
| Other Current Liabilities | 15.03M | 18.45M | 15.58M | 10.52M | 15.81M | 44.15M | 57.11M | 31.39M | 22.15M | 29.6M | 39.79M | 47.16M | 55.41M | 55.61M | 56.52M | 60.65M | 71.37M | 94.27M | 47.9M | 50.87M |
| Current Ratio | 1.34x | 1.61x | 1.95x | 2.02x | 1.18x | 0.94x | 0.93x | 2.98x | 0.81x | 0.50x | 0.92x | 1.00x | 0.83x | 0.80x | 0.75x | 0.69x | 0.58x | 0.45x | 0.60x | 0.61x |
| Quick Ratio | 1.29x | 1.56x | 1.91x | 1.98x | 1.15x | 0.92x | 0.92x | 2.96x | 0.77x | 0.48x | 0.89x | 0.95x | 0.78x | 0.76x | 0.72x | 0.65x | 0.55x | 0.43x | 0.58x | 0.58x |
| Cash Conversion Cycle | 77 | 83.75 | 79.71 | 81.95 | 63.11 | 64.12 | 23.05 | -19.23 | 76.78 | 76.44 | 37.97 | 21.57 | 42.46 | 38.48 | 31.63 | 27.01 | 18.73 | 18.51 | 16.69 | 18.18 |
| Total Non-Current Liabilities | 139.61M | 50.33M | 50M | 53.94M | 65.01M | 51.66M | 50.59M | 412.52M | 411.43M | 359.24M | 462.66M | 465.9M | 462.54M | 452.72M | 351.37M | 384.34M | 362.41M | 333.6M | 265.7M | 281.89M |
| Long-Term Debt | 81M | 2.79M | 2.96M | 3.37M | 12M | 5.42M | 4.89M | 347.89M | 343.39M | 287.75M | 388M | 389.57M | 385.47M | 377.21M | 287.02M | 307.93M | 287.38M | 257.13M | 200.6M | 212.64M |
| Capital Lease Obligations | 2.83M | 2.79M | 2.96M | 3.37M | 4.72M | 5.42M | 4.89M | 6.95M | 9.36M | 9.42M | 8.97M | 11.28M | 11.76M | 13.41M | 13.99M | 15.02M | 16.02M | 16.59M | 11.96M | 11.95M |
| Deferred Tax Liabilities | 8.5M | 8.24M | 8.99M | 9.38M | 10.15M | 10.63M | 11.4M | 15.59M | 17.13M | 19.65M | 18.61M | 22.69M | 22.69M | 0 | 7.9M | 0 | 0 | 0 | 3.28M | 0 |
| Other Non-Current Liabilities | 44.06M | 33.08M | 34.27M | 37.83M | 38.14M | 30.19M | 28.61M | 42.09M | 41.55M | 42.42M | 46.88M | 42.36M | 42.62M | 62.1M | 42.46M | 61.39M | 59M | 59.88M | 49.69M | 57.3M |
| Total Liabilities | 198.18M | 112.59M | 120.69M | 112.15M | 132.7M | 215.09M | 215.32M | 515.81M | 519.44M | 539.78M | 556.12M | 562.88M | 571.22M | 565.99M | 462.62M | 489.93M | 485.16M | 483.38M | 362.21M | 362.47M |
| Total Debt | 85.61M | 7.39M | 7.75M | 8.76M | 20.06M | 40.41M | 38.31M | 384.54M | 383.4M | 392.24M | 400.63M | 405.45M | 401.85M | 395.34M | 305.58M | 327.57M | 308.09M | 278.19M | 215.77M | 227.78M |
| Net Debt | 78.47M | -30.14M | -58.92M | -46.79M | 12.31M | -45.14M | -48.23M | 374.8M | 380.26M | 388.08M | 397.52M | 400.41M | 397.88M | 391.73M | 302.09M | 318.53M | 301.75M | 274.82M | 212.13M | 223.12M |
| Debt / Equity | 0.20x | 0.02x | 0.01x | 0.02x | 0.04x | 0.08x | 0.07x | 1.11x | 1.11x | 1.16x | 1.22x | 1.30x | 1.29x | 1.30x | 0.99x | 1.13x | 1.07x | 0.95x | 0.75x | 0.81x |
| Debt / EBITDA | 7.48x | 0.91x | 0.93x | 3.61x | 1.70x | 3.89x | 4.02x | 61.04x | 30.54x | 34.95x | 21.77x | 88.51x | 27.79x | 27.24x | 24.79x | 68.60x | 242.59x | 45.49x | 19.77x | 36.98x |
| Net Debt / EBITDA | 6.86x | -3.71x | -7.08x | -19.29x | 1.04x | -4.35x | -5.06x | 59.49x | 30.29x | 34.58x | 21.60x | 87.41x | 27.52x | 26.99x | 24.50x | 66.71x | 237.60x | 44.94x | 19.44x | 36.22x |
| Interest Coverage | 3.28x | 5.70x | 10.52x | -0.26x | 10.30x | 6.65x | 0.94x | -0.08x | 0.61x | 0.21x | 1.05x | -0.67x | 0.88x | 1.10x | 1.57x | -0.72x | -1.83x | -0.24x | 1.73x | -0.31x |
| Total Equity | 438.24M | 483.34M | 517.72M | 511.12M | 513.66M | 511.13M | 515.36M | 345.92M | 346.1M | 337.16M | 328.3M | 312.94M | 311.81M | 303.46M | 307.69M | 290.49M | 287.5M | 293.05M | 289.59M | 282.13M |
| Equity Growth % | -14.68% | -5.44% | 0.46% | 47.76% | 48.41% | 51.6% | 56.98% | 10.54% | 11% | 11.1% | 6.7% | 7.73% | 8.46% | 3.55% | 6.25% | 2.96% | 2.14% | 21.38% | 20.58% | 68.51% |
| Book Value per Share | 14.33 | 19.26 | 15.13 | 19.84 | 21.28 | 21.05 | 20.32 | 14.77 | 14.59 | 14.49 | 9.65 | 13.50 | 13.50 | 13.19 | 13.59 | 13.07 | 13.02 | 13.29 | 8.99 | 12.87 |
| Total Shareholders' Equity | 317.38M | 358.51M | 389.58M | 383.3M | 385.17M | 374.99M | 379.74M | 249.67M | 249.28M | 242.72M | 236.75M | 222.43M | 222.11M | 215.65M | 218.38M | 206.16M | 203.82M | 207.6M | 204.76M | 200.24M |
| Common Stock | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K |
| Retained Earnings | 120.22M | 118.75M | 118.27M | 115.18M | 102.3M | 102.45M | 100.4M | -17.51M | -9.97M | -11.85M | -12.94M | -17.49M | -12.34M | -12.37M | -23.58M | -20.11M | -16.38M | -9.01M | -6.48M | -7.46M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 120.86M | 124.83M | 128.14M | 127.83M | 128.49M | 136.15M | 135.62M | 96.25M | 96.82M | 94.44M | 91.55M | 90.51M | 89.7M | 87.81M | 89.31M | 84.33M | 83.67M | 85.45M | 84.83M | 81.89M |