i3 Verticals (IIIV) Cost of Revenue (2017 - 2026)

i3 Verticals (IIIV) has reported Cost of Revenue for 10 consecutive years, with $17.1 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $17.1 million, up 3.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $69.2 million (up 8.84% YoY), and the FY2025 annual result was $66.6 million, up 10.03% from the prior year.
• Cost of Revenue was $17.1 million for Q1 2026 at i3 Verticals, down from $17.6 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $19.7 million in Q2 2022 and troughed at -$40.1 million in Q3 2022.
• Average Cost of Revenue over 5 years is $10.2 million, with a median of $15.6 million recorded in 2024.
• Year-over-year, Cost of Revenue tumbled 340.4% in 2022 and soared 317.68% in 2023.
• Over 5 years, Cost of Revenue stood at $3.3 million in 2022, then jumped by 317.68% to $13.9 million in 2023, then grew by 11.72% to $15.6 million in 2024, then grew by 12.88% to $17.6 million in 2025, then decreased by 2.53% to $17.1 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $17.1 million in Q1 2026, $17.6 million in Q4 2025, and $17.7 million in Q3 2025.