i3 Verticals, Inc. (IIIV) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 57.52M | 52.67M | 54.9M | 51.9M | 63.06M | 61.69M | 60.86M | 56.04M | 57.97M | 55.05M | 96.41M | 57.26M | 93.87M | 86.03M | 85.25M | 80.55M | 78.12M | 73.94M | 70.98M | 63.13M |
| Revenue Growth % | -8.79% | -14.62% | -9.8% | -7.38% | 8.78% | 12.06% | -36.87% | -2.14% | -38.25% | -36.01% | 13.09% | -28.92% | 20.16% | 16.35% | 20.1% | 27.6% | 58.79% | 65.7% | 85.47% | 99.95% |
| Cost of Goods Sold | 24.84M | 24.45M | 24.75M | 16.73M | 22.19M | 21.03M | 5.03M | 4.72M | 21.15M | 19.58M | 21.02M | 3.94M | 19.93M | 19.07M | 20.48M | 19.75M | 16.63M | 16.51M | 16.66M | 16.06M |
| COGS % of Revenue | 43.19% | 46.41% | 45.08% | 32.24% | 35.18% | 34.09% | 8.27% | 8.43% | 36.48% | 35.56% | 21.8% | 6.89% | 21.23% | 22.17% | 24.02% | 24.52% | 21.29% | 22.33% | 23.47% | 25.45% |
| Gross Profit | 32.68M | 28.22M | 30.15M | 35.17M | 40.87M | 40.66M | 55.83M | 51.31M | 36.82M | 35.48M | 75.39M | 53.32M | 73.94M | 66.96M | 64.77M | 60.8M | 61.49M | 57.43M | 54.32M | 47.06M |
| Gross Margin % | 56.81% | 53.59% | 54.92% | 67.76% | 64.82% | 65.91% | 91.73% | 91.57% | 63.52% | 64.44% | 78.2% | 93.11% | 78.77% | 77.83% | 75.98% | 75.48% | 78.71% | 77.67% | 76.53% | 74.55% |
| Gross Profit Growth % | -20.05% | -30.59% | -46% | -31.47% | 11% | 14.61% | -25.94% | -3.75% | -50.2% | -47.02% | 16.38% | -12.31% | 20.25% | 16.6% | 19.24% | 29.19% | 62.31% | 85.52% | 109.61% | 118.18% |
| Operating Expenses | 28.93M | 26.97M | 28.88M | 39.98M | 36.91M | 37.96M | 52.28M | 51.98M | 34.34M | 33.99M | 66.59M | 57.89M | 68.5M | 61.12M | 57.55M | 63.53M | 67.67M | 58.18M | 49.89M | 47.9M |
| OpEx % of Revenue | 50.3% | 51.2% | 52.61% | 77.03% | 58.53% | 61.53% | 85.89% | 92.77% | 59.23% | 61.74% | 69.07% | 101.11% | 72.97% | 71.05% | 67.51% | 78.87% | 86.62% | 78.69% | 70.28% | 75.88% |
| Selling, General & Admin | 29.06M | 26.99M | 28.88M | 33.02M | 28.69M | 28.9M | 41.68M | 45.03M | 27.43M | 27.18M | 56.1M | 45.05M | 57.2M | 51M | 50.14M | 47.77M | 48.72M | 46.39M | 42.27M | 37.3M |
| SG&A % of Revenue | 50.52% | 51.24% | 52.61% | 63.62% | 45.49% | 46.85% | 68.48% | 80.36% | 47.32% | 49.36% | 58.19% | 78.67% | 60.94% | 59.29% | 58.81% | 59.31% | 62.36% | 62.74% | 59.55% | 59.08% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 13.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.99M | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | 22.25% | - | - | - | - | - | - | - | 10.54% | - | - | - | - | - |
| Other Operating Expenses | -126K | -21K | 0 | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 3.74M | 1.26M | 1.27M | -4.84M | 3.96M | 2.7M | 3.55M | -669K | 2.49M | 1.49M | 8.79M | -4.58M | 5.44M | 5.84M | 7.22M | -2.73M | -6.18M | -755K | 4.43M | -835K |
| Operating Margin % | 6.51% | 2.38% | 2.31% | -9.32% | 6.29% | 4.38% | 5.84% | -1.19% | 4.29% | 2.7% | 9.12% | -7.99% | 5.8% | 6.79% | 8.47% | -3.39% | -7.91% | -1.02% | 6.25% | -1.32% |
| Operating Income Growth % | -5.58% | -53.46% | -64.27% | -623.32% | 59.45% | 81.75% | -59.59% | 85.38% | -54.34% | -74.56% | 21.83% | -67.59% | 188.13% | 873.25% | 62.81% | -227.07% | -615.18% | 24.73% | 270.12% | -291.08% |
| EBITDA | 11.45M | 8.12M | 8.32M | 2.42M | 11.8M | 10.38M | 9.53M | 6.3M | 12.55M | 11.22M | 18.41M | 4.58M | 14.46M | 14.51M | 12.33M | 4.78M | 1.27M | 6.12M | 10.91M | 6.16M |
| EBITDA Margin % | 19.9% | 15.42% | 15.16% | 4.67% | 18.72% | 16.83% | 15.66% | 11.24% | 21.66% | 20.39% | 19.09% | 8% | 15.4% | 16.87% | 14.46% | 5.93% | 1.63% | 8.27% | 15.38% | 9.76% |
| EBITDA Growth % | -3.03% | -21.79% | -12.67% | -61.51% | -5.98% | -7.49% | -48.23% | 37.52% | -13.17% | -22.67% | 49.31% | -4.06% | 1038.5% | 137.35% | 12.96% | -22.48% | -81.99% | 49.55% | 516.96% | 25.41% |
| D&A (Non-Cash Add-back) | 7.7M | 6.87M | 7.05M | 7.26M | 7.84M | 7.68M | 5.97M | 6.97M | 10.07M | 9.74M | 9.61M | 9.16M | 9.02M | 8.68M | 5.11M | 7.51M | 7.45M | 6.87M | 6.48M | 7M |
| EBIT | 3.75M | 2.17M | 3.86M | -212K | 4.59M | 4.53M | 6.57M | -669K | 4.74M | 1.38M | 7.06M | -4.49M | 5.44M | 6.04M | 7.03M | -2.73M | -6.18M | -755K | 4.68M | -835K |
| Net Interest Income | -1.14M | -381K | -367K | -806K | -446K | -680K | -6.96M | -7.91M | -7.71M | -6.69M | -6.71M | -6.72M | -6.2M | -5.49M | -4.48M | -3.77M | -3.38M | -3.15M | -2.71M | -2.7M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 0 |
| Interest Expense | 1.14M | 381K | 367K | 806K | 446K | 680K | 6.96M | 7.91M | 7.75M | 6.69M | 6.71M | 6.72M | 6.2M | 5.49M | 4.48M | 3.77M | 3.38M | 3.15M | 2.71M | 2.7M |
| Other Income/Expense | -1.07M | 533K | 2.23M | 3.82M | 185K | 1.15M | -5.71M | -7.91M | -5.46M | -6.79M | -8.45M | -6.63M | -6.2M | -5.29M | -5.47M | -3.77M | -3.38M | -3.15M | -2.46M | -2.7M |
| Pretax Income | 2.67M | 1.79M | 3.5M | -1.02M | 4.15M | 3.85M | -2.16M | -8.57M | -2.97M | -5.31M | 350K | -11.21M | -755K | 551K | 1.75M | -6.5M | -9.55M | -3.91M | 1.97M | -3.54M |
| Pretax Margin % | 4.65% | 3.4% | 6.37% | -1.96% | 6.58% | 6.23% | -3.54% | -15.3% | -5.13% | -9.64% | 0.36% | -19.58% | -0.8% | 0.64% | 2.05% | -8.07% | -12.23% | -5.29% | 2.77% | -5.61% |
| Income Tax | 478K | 704K | 1.99M | -22K | 3.05M | 523K | -9.18M | 5.27M | -669K | -1.09M | -3.1M | -292K | -563K | 382K | 6.16M | -1.81M | 884K | -228K | 1.04M | 662K |
| Effective Tax Rate % | 17.89% | 39.35% | 57.05% | 2.16% | 73.61% | 13.6% | 425.36% | -61.47% | 22.52% | 20.61% | -885.43% | 2.6% | 74.57% | 69.33% | 351.86% | 27.85% | -9.25% | 5.83% | 52.77% | -18.71% |
| Net Income | 1.46M | 484K | 3.09M | 12.88M | -154K | 2.06M | 117.91M | -7.54M | 1.88M | 1.1M | 4.55M | -5.16M | 36K | -240K | -3.47M | -3.73M | -7.37M | -2.53M | 984K | -3.28M |
| Net Margin % | 2.55% | 0.92% | 5.63% | 24.82% | -0.24% | 3.33% | 193.73% | -13.46% | 3.24% | 1.99% | 4.72% | -9% | 0.04% | -0.28% | -4.07% | -4.63% | -9.44% | -3.42% | 1.39% | -5.2% |
| Net Income Growth % | 1050.65% | -76.46% | -97.38% | 270.74% | -108.2% | 87.25% | 2492.57% | -46.36% | 5116.67% | 557.5% | 230.95% | -38.28% | 100.49% | 90.51% | -452.95% | -13.66% | -665.85% | -26.53% | 251.15% | -821.35% |
| Net Income (Continuing) | 2.19M | 1.08M | 1.5M | -996K | 1.09M | 3.32M | 7.02M | -13.85M | -2.3M | -4.21M | 3.45M | -10.92M | -192K | 169K | -4.41M | -4.69M | -10.44M | -3.68M | 930K | -4.2M |
| Discontinued Operations | 0 | -92K | 1000K | 1000K | -326K | -214K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 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 |
| EPS (Diluted) | 0.05 | 0.02 | 0.09 | 0.50 | -0.01 | 0.09 | 4.65 | -0.32 | 0.08 | 0.04 | 0.11 | -0.22 | 0.00 | -0.01 | -0.15 | -0.17 | -0.33 | -0.11 | -0.05 | -0.15 |
| EPS Growth % | 579% | -78.04% | -98.03% | 256.25% | -112.63% | 119.75% | 4127.27% | -45.45% | - | 484.62% | 173.33% | -29.41% | 100.33% | 90.55% | -200% | -13.33% | -925% | -10% | -21.07% | -525% |
| EPS (Basic) | 0.07 | 0.02 | 0.13 | 0.53 | -0.01 | 0.10 | 4.98 | -0.32 | 0.08 | 0.05 | 0.20 | -0.22 | 0.00 | -0.01 | -0.15 | -0.17 | -0.33 | -0.11 | -0.02 | -0.15 |
| Diluted Shares Outstanding | 30.58M | 25.09M | 34.22M | 25.76M | 24.13M | 24.28M | 25.36M | 23.42M | 23.72M | 23.27M | 34.01M | 23.18M | 23.09M | 23M | 22.65M | 22.23M | 22.08M | 22.04M | 32.22M | 21.93M |
| Basic Shares Outstanding | 21.8M | 23.68M | 23.92M | 24.31M | 23.83M | 23.55M | 23.68M | 23.42M | 23.33M | 23.27M | 23.24M | 23.18M | 23.14M | 23M | 22.65M | 22.23M | 22.08M | 22.04M | 21.99M | 21.87M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |