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

i3 Verticals' Cost of Revenue history runs 10 years deep, the most recent figure standing at $17.1 million for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 3.37% year-over-year to $17.1 million in Q1 2026; TTM through Mar 2026 was $69.2 million, a 8.84% increase from a year earlier, with the FY2025 full-year figure at $66.6 million, up 10.03% from the prior year.
• Cost of Revenue declined to $17.1 million in Q1 2026 per IIIV's latest filing, from $17.6 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.
• The 5-year median for Cost of Revenue is $15.6 million (2024), against an average of $10.2 million.
• Across the five-year window, Cost of Revenue sank 340.4% in 2022 and soared 317.68% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $3.3 million in 2022, then surged by 317.68% to $13.9 million in 2023, then advanced by 11.72% to $15.6 million in 2024, then advanced by 12.88% to $17.6 million in 2025, then fell by 2.53% to $17.1 million in 2026.
• Per Business Quant, the three latest IIIV Cost of Revenue figures stand at $17.1 million (Q1 2026), $17.6 million (Q4 2025), and $17.7 million (Q3 2025).