​

i3 Verticals (IIIV) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

i3 Verticals Revenue Highlights

Latest Revenue (Y)

$229.92M

Latest Revenue (Q)

$63.06M

Main Segment (Y)

License and Service

i3 Verticals Revenue by Period

i3 Verticals Revenue by Year

DateRevenueChange
2024-09-30$229.92M-37.90%
2023-09-30$370.24M16.48%
2022-09-30$317.86M41.82%
2021-09-30$224.12M49.28%
2020-09-30$150.13M-60.10%
2019-09-30$376.31M16.32%
2018-09-30$323.51M23.21%
2017-09-30$262.57M31.52%
2016-09-30$199.64M-

i3 Verticals generated $229.92M in revenue during NA 2024, up -37.90% compared to the previous quarter, and up 61.10% compared to the same period a year ago.

i3 Verticals Revenue by Quarter

DateRevenueChange
2025-03-31$63.06M2.22%
2024-12-31$61.69M1.36%
2024-09-30$60.86M8.61%
2024-06-30$56.04M-40.73%
2024-03-31$94.54M2.77%
2023-12-31$91.99M-4.58%
2023-09-30$96.41M2.64%
2023-06-30$93.93M0.06%
2023-03-31$93.87M9.12%
2022-12-31$86.03M0.91%
2022-09-30$85.25M5.83%
2022-06-30$80.55M3.11%
2022-03-31$78.12M5.65%
2021-12-31$73.94M10.07%
2021-09-30$67.18M8.41%
2021-06-30$61.96M29.46%
2021-03-31$47.86M10.50%
2020-12-31$43.31M13.17%
2020-09-30$38.27M21.22%
2020-06-30$31.57M-19.41%
2020-03-31$39.18M-4.70%
2019-12-31$41.11M-62.13%
2019-09-30$108.56M11.37%
2019-06-30$97.48M14.16%
2019-03-31$85.39M0.62%
2018-12-31$84.87M0.97%
2018-09-30$84.05M-0.57%
2018-06-30$84.54M8.80%
2018-03-31$77.70M0.62%
2017-12-31$77.22M7.58%
2017-09-30$71.78M8.22%
2017-06-30$66.33M6.41%
2016-12-31$62.33M-

i3 Verticals generated $63.06M in revenue during Q2 2025, up 2.22% compared to the previous quarter, and up 68.55% compared to the same period a year ago.

i3 Verticals Revenue Breakdown

i3 Verticals Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceSep 24Sep 23Sep 22Sep 21Sep 20
Other Revenue$10.52M----
License and Service$169.06M----
Corporate and Other-$-29.00K$-8.00K$-2.10M$-1.77M
Merchant Services-$137.34M$103.51M$92.33M$100.95M
Software And Services-$232.97M$40.95M--
Proprietary Owned Software---$29.45M$50.95M

i3 Verticals's latest annual revenue breakdown by segment (product or service), as of Sep 24: License and Service (94.14%), and Other Revenue (5.86%).

Quarterly Revenue by Product

Product/ServiceJun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Other Revenue$2.56M$2.69M$2.50M$1.70M$4.45M$4.37M--------------
License and Service$36.24M$46.22M$45.67M$79.78M$45.66M$43.62M--------------
Payments Revenue----$44.43M$43.99M--------------
Software And Services------$193.67M$12.26M$14.29M$12.75M----------
Corporate and Other-------$-4.00K$-10.00K$-8.00K$21.00K$-11.00K$-14.00K$-4.00K$-459.00K$-542.00K$-668.00K$-433.00K$-410.00K$-412.00K
Merchant Services------$52.37M$29.73M$27.63M$27.61M$28.14M$27.14M$23.93M$24.30M$25.27M$25.00M$21.52M$21.54M--
Proprietary Owned Software-----------$9.56M$10.62M$9.17M$8.70M$7.77M$7.49M$18.78M$3.98M$3.00M
MerchantServicesMember-----------------$24.97M$18.06M-

i3 Verticals's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: License and Service (93.41%), and Other Revenue (6.59%).

i3 Verticals Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$845.49B$229.61M
CNXNPC Connection$2.80B$759.69M
NTCTNetScout Systems$822.68M$204.99M
EVCMEverCommerce$698.76M$148.01M
IMXIInternational Money Express$658.65M$161.13M
RPAYRepay$313.04M$75.63M
OSPNOneSpan$243.18M$59.84M
IIIVi3 Verticals$229.92M$63.06M
LASRnLIGHT$198.55M$51.67M

IIIV Revenue FAQ

What is i3 Verticals’s yearly revenue?

i3 Verticals's yearly revenue for 2024 was $229.92M, representing a decrease of -37.90% compared to 2023. The company's yearly revenue for 2023 was $370.24M, representing an increase of 16.48% compared to 2022. IIIV's yearly revenue for 2022 was $317.86M, representing an increase of 41.82% compared to 2021.

What is i3 Verticals’s quarterly revenue?

i3 Verticals's quarterly revenue for Q2 2025 was $63.06M, a 2.22% increase from the previous quarter (Q1 2025), and a -33.30% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $61.69M, a 1.36% increase from the previous quarter (Q4 2024), and a -32.94% decrease year-over-year (Q1 2024). IIIV's quarterly revenue for Q4 2024 was $60.86M, a 8.61% increase from the previous quarter (Q3 2024), and a -36.87% decrease year-over-year (Q4 2023).

What is i3 Verticals’s revenue growth rate?

i3 Verticals's revenue growth rate for the last 3 years (2022-2024) was -27.67%, and for the last 5 years (2020-2024) was 53.15%.

What are i3 Verticals’s revenue streams?

i3 Verticals's revenue streams in p 24 are Other Revenue, and License and Service. Other Revenue generated $10.52M in revenue, accounting 5.86% of the company's total revenue License and Service generated $169.06M in revenue, accounting 94.14% of the company's total revenue

What is i3 Verticals’s main source of revenue?

For the fiscal year ending Sep 24, the largest source of revenue of i3 Verticals was License and Service. This segment made a revenue of $169.06M, representing 94.14% of the company's total revenue.