I3 Verticals/$IIIV
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About I3 Verticals
i3 Verticals Inc provides mission-critical enterprise software solutions to public sector entities. These comprehensive cloud-native solutions address a broad range of government functions, including courts and public safety, public administration, utilities, transportation and schools. The company generates the majority of revenue from software and related services, including the sale of subscriptions, recurring services, ongoing support, licenses, and installation and implementation services specific to software.
- Ticker
- $IIIV
- Sector
- Software & Cloud Services
- Primary listing
- NASDAQ
- Employees
- 1,202
- Headquarters
- Nashville, United States
- Website
- www.i3verticals.com
I3 Verticals Metrics
BasicAdvanced
$311M
-
-$0.57
0.85
-
Price and volume
Market cap
$311M
Beta
0.85
52-week high
$33.21
52-week low
$13.63
Average daily volume
418K
Financial strength
Current ratio
1.206
Quick ratio
0.972
Long term debt to equity
0.292
Total debt to equity
0.297
Interest coverage (TTM)
-0.13%
Profitability
EBITDA (TTM)
20.571
Gross margin (TTM)
68.49%
Net profit margin (TTM)
3.90%
Operating margin (TTM)
2.56%
Effective tax rate (TTM)
29.64%
Revenue per employee (TTM)
$180,000
Management effectiveness
Return on assets (TTM)
-0.05%
Return on equity (TTM)
2.34%
Valuation
Price to revenue (TTM)
1.758
Price to book
1.12
Price to tangible book (TTM)
-1.53
Price to free cash flow (TTM)
9.242
Free cash flow yield (TTM)
10.82%
Free cash flow per share (TTM)
1.869
Growth
Revenue change (TTM)
4.09%
Earnings per share change (TTM)
-94.73%
3-year revenue growth (CAGR)
-4.87%
3-year earnings per share growth (CAGR)
13.81%
What the Analysts think about I3 Verticals
Analyst ratings (Buy, Hold, Sell) for I3 Verticals stock.
Analyst projections of the future price of I3 Verticals stock.
Bulls say / Bears say
Annualised recurring revenue rose 8.3% to $174.1 million in Q3, with SaaS revenue up 38% and recurring sources making up 82% of revenue. This growing recurring base makes sales less dependent on one-off projects. (SEC)
Four material statewide transportation services have gone live. Management expects these deployments to help re-accelerate recurring revenue growth. (SEC)
Adjusted EBITDA from continuing operations increased 4.6% to $13.3 million in Q3. Management said process improvements and AI adoption are helping margins, with further expansion expected. (The Motley Fool)
After Q3 results came in below expectations, the company cut its FY2026 revenue outlook to $216–221 million from $221–229 million. Management also lowered its FY2027 growth expectation from high-single digits to mid-single digits. (SEC, MarketBeat)
Organic revenue fell 2% in Q3, as non-recurring revenue declined 18% and delays in professional-services projects weighed on results, particularly in utilities. Management expected that weakness to persist into Q4. (The Motley Fool)
Higher interchange rates on commercial cards hurt payment take rates, reducing Q3 revenue by more than $1 million. The company said a fix with its processor had been repeatedly delayed, leaving a risk that the pressure could continue. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 17 Oct 2026.
I3 Verticals Financial Performance
Revenues and expenses
I3 Verticals Earnings Performance
Company profitability
Upcoming events
No upcoming events
I3 Verticals News
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Funds containing I3 Verticals
Fund name | Fund size | $IIIV weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.01% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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