About i3 Verticals, Inc.
https://www.i3verticals.comi3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets in the United States. It operates in two segments, Merchant Services, and Proprietary Software and Payments.

CEO
Gregory S. Daily
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 107
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

DA Davidson
Buy

Benchmark
Buy

Keybanc
Overweight

Stephens & Co.
Overweight

Morgan Stanley
Equal Weight

BMO Capital
Market Perform
Grade Summary
Showing Top 6 of 6
Price Target
Institutional Ownership

T. ROWE PRICE INVESTMENT MANAGEMENT, INC.
Shares:3.15M
Value:$85.21M

GENEVA CAPITAL MANAGEMENT LLC
Shares:1.88M
Value:$50.84M

VANGUARD GROUP INC
Shares:1.83M
Value:$49.46M
Summary
Showing Top 3 of 199
About i3 Verticals, Inc.
https://www.i3verticals.comi3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets in the United States. It operates in two segments, Merchant Services, and Proprietary Software and Payments.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $54.9M ▲ | $28.88M ▼ | $3.09M ▼ | 5.63% ▼ | $0.13 ▼ | $10.91M ▲ |
| Q3-2025 | $51.9M ▼ | $39.98M ▲ | $12.88M ▲ | 24.82% ▲ | $0.53 ▲ | $7.05M ▼ |
| Q2-2025 | $63.06M ▲ | $36.91M ▼ | $-154K ▼ | -0.24% ▼ | $-0.01 ▼ | $12.44M ▲ |
| Q1-2025 | $61.69M ▲ | $37.96M ▼ | $2.06M ▼ | 3.33% ▼ | $0.08 ▼ | $12.21M ▼ |
| Q4-2024 | $60.86M | $52.28M | $117.91M | 193.73% | $4.98 | $12.54M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $66.67M ▲ | $638.41M ▲ | $120.69M ▲ | $389.58M ▲ |
| Q3-2025 | $55.54M ▲ | $623.27M ▼ | $112.15M ▼ | $383.3M ▼ |
| Q2-2025 | $7.75M ▼ | $646.36M ▼ | $132.7M ▼ | $385.17M ▲ |
| Q1-2025 | $85.55M ▼ | $726.23M ▼ | $215.09M ▼ | $374.99M ▼ |
| Q4-2024 | $86.54M | $730.67M | $215.32M | $379.74M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $18.43M ▲ | $7.35M ▲ | $82.45M ▲ | $-44.25M ▲ | $47.8M ▲ | $12.53M ▲ |
| Q2-2025 | $769K ▼ | $-27.12M ▼ | $-2.26M ▼ | $-49.56M ▼ | $-78.94M ▼ | $-29.42M ▼ |
| Q1-2025 | $3.11M ▼ | $11.49M ▼ | $-1.42M ▼ | $-10.47M ▲ | $-390K ▼ | $8.61M ▼ |
| Q4-2024 | $178.54M ▲ | $15.14M ▲ | $412.9M ▲ | $-352.15M ▼ | $75.9M ▲ | $11.84M ▲ |
| Q3-2024 | $-13.85M | $8.12M | $-4.39M | $2.67M | $6.61M | $4.11M |
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
License and Service | $50.00M ▲ | $50.00M ▲ | $40.00M ▼ | $20.00M ▼ |
Other Revenue | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |

CEO
Gregory S. Daily
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 107
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

DA Davidson
Buy

Benchmark
Buy

Keybanc
Overweight

Stephens & Co.
Overweight

Morgan Stanley
Equal Weight

BMO Capital
Market Perform
Grade Summary
Showing Top 6 of 6
Price Target
Institutional Ownership

T. ROWE PRICE INVESTMENT MANAGEMENT, INC.
Shares:3.15M
Value:$85.21M

GENEVA CAPITAL MANAGEMENT LLC
Shares:1.88M
Value:$50.84M

VANGUARD GROUP INC
Shares:1.83M
Value:$49.46M
Summary
Showing Top 3 of 199




