i3 Verticals, Inc.
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $213.2M | $191.2M | $189.7M | $187.8M | $224.1M |
| Cost of revenue | — | — | — | — | $0 |
| Gross profit | — | — | $333.3M | $282.7M | $195.3M |
| Selling, general & administrative | $114.7M | $100.8M | $106.0M | $156.7M | $134.9M |
| Operating income | $3.8M | $4.4M | -$4.4M | -$23.1M | -$12,000 |
| Pretax income | $10.9M | -$21.5M | -$28.3M | -$38.9M | -$7.2M |
| Income tax expense | $5.3M | -$5.5M | -$3.5M | $152,000 | $623,000 |
| Net income | $17.9M | $113.3M | -$811,000 | -$17.1M | -$4.5M |
| Balance Sheet | |||||
| Cash and equivalents | $66.7M | $86.5M | $3.1M | $3.5M | $3.6M |
| Current assets | $137.6M | $153.4M | $85.5M | $83.8M | $58.1M |
| Total assets | $638.4M | $730.7M | $884.4M | $770.3M | $651.8M |
| Current liabilities | $70.7M | $164.7M | $93.5M | $111.3M | $96.5M |
| Total liabilities | $120.7M | $215.3M | $556.1M | $462.6M | $362.2M |
| Stockholders' equity | $389.6M | $379.7M | $236.7M | $218.4M | $204.8M |
| Cash Flow Statement | |||||
| Cash from operations | $5.7M | $48.4M | $37.2M | $43.8M | $44.5M |
| Depreciation and amortization | $27.9M | $25.6M | $23.3M | $19.3M | $24.4M |
| Stock-based compensation | $18.3M | $26.3M | $27.9M | $26.2M | $20.9M |
| Capital expenditure | $1.9M | $3.0M | $4.2M | $2.3M | $1.9M |
| Free cash flow | $3.8M | $45.4M | $33.0M | $41.5M | $42.6M |
| Share repurchases | $37.6M | $0 | $0 | — | — |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 27.9M
Annual filing data through FY ended September 30, 2025; float as of July 15, 2026.