i3 Verticals (IIIV) Cost of Revenue (2017 - 2026)
i3 Verticals' (IIIV) quarterly Cost of Revenue came in at $16.3 million in Q2 2026, down 2.5% on a YoY basis from $16.7 million in Q2 2025, and down 4.81% quarter-over-quarter from $17.1 million in Q1 2026.
Analysis
i3 Verticals (IIIV) Cost of Revenue (2017 - 2026) Analysis & Trends
i3 Verticals (IIIV) has reported Cost of Revenue for 10 consecutive years, with $16.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue fell 2.5% year-over-year to $16.3 million; the trailing twelve-month figure through Jun 2026 stood at $68.7 million (up 5.77% YoY), and the FY2025 full-year result was $66.6 million, up 10.03% from the prior year.
- Cost of Revenue retreated to $16.3 million in Q2 2026 per IIIV's latest filing, from $17.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $19.7 million in Q2 2022 and bottomed at -$40.1 million in Q3 2022.
- Historically, Cost of Revenue has averaged $10.5 million across 5 years, with a median of $15.8 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue slumped 340.4% in 2022, then surged 317.68% in 2023.
- Over 5 years, Cost of Revenue stood at $3.3 million in 2022, then soared by 317.68% to $13.9 million in 2023, then climbed by 11.72% to $15.6 million in 2024, then climbed by 12.88% to $17.6 million in 2025, then dropped by 7.21% to $16.3 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $16.3 million, $17.1 million, and $17.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Oracle | 465.85 Bn | 433.96 Bn | - | - |
| 2 | Sap Se | 245.35 Bn | 223.69 Bn | 8.40 Bn | 3.08 Bn |
| 3 | Workday | 45.62 Bn | 42.22 Bn | 2.21 Bn | 436.00 Mn |
| 4 | Roper Technologies | 39.66 Bn | 39.30 Bn | 1.47 Bn | 638.70 Mn |
| 5 | Fidelity National Information Services | 20.53 Bn | 19.79 Bn | 1.17 Bn | 2.20 Bn |
| 6 | Tyler Technologies | 14.51 Bn | 13.54 Bn | 307.06 Mn | 338.04 Mn |
| 7 | Brightstar Lottery | 2.19 Bn | 1.63 Bn | 299.00 Mn | 285.00 Mn |
| 8 | i3 Verticals | 309.94 Mn | 307.29 Mn | 36.75 Mn | 16.31 Mn |
| 9 | Netsol Technologies | 47.68 Mn | 29.55 Mn | 9.03 Mn | 9.78 Mn |
| 10 | Mind Cti | 20.87 Mn | 7.41 Mn | 2.55 Mn | 2.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.31 Mn |
| Mar 31, 2026 | 17.14 Mn |
| Dec 31, 2025 | 17.58 Mn |
| Sep 30, 2025 | 17.70 Mn |
| Jun 30, 2025 | 16.73 Mn |
| Mar 31, 2025 | 16.58 Mn |
| Dec 31, 2024 | 15.58 Mn |
| Sep 30, 2024 | 16.09 Mn |
| Jun 30, 2024 | 15.29 Mn |
| Mar 31, 2024 | 15.19 Mn |
| Dec 31, 2023 | 13.94 Mn |
| Sep 30, 2023 | 4.08 Mn |
| Jun 30, 2023 | 3.94 Mn |
| Mar 31, 2023 | 3.99 Mn |
| Dec 31, 2022 | 3.34 Mn |
| Sep 30, 2022 | -40.06 Mn |
| Jun 30, 2022 | 19.75 Mn |
| Mar 31, 2022 | 16.63 Mn |
| Dec 31, 2021 | 16.51 Mn |
| Sep 30, 2021 | 16.66 Mn |