i3 Verticals (IIIV) Equity Average (2018 - 2026)
i3 Verticals (IIIV) reported Equity Average of $400.4 million for Q1 2026, down 21.87% on a YoY basis from $512.4 million in Q1 2025, and down 8.27% quarter-over-quarter from $436.5 million in Q4 2025.
i3 Verticals (IIIV) Equity Average (2018 - 2026) Analysis & Trends
i3 Verticals has reported Equity Average for 9 years, with the latest figure at $400.4 million in Q1 2026.
- For the quarter ending Q1 2026, Equity Average fell 21.87% year-over-year to $400.4 million; the trailing twelve-month figure through Mar 2026 stood at $400.4 million (down 21.87% YoY), and the FY2025 full-year result was $452.5 million, up 7.26% from the prior year.
- Equity Average for Q1 2026 stood at $400.4 million, down from $436.5 million in the prior quarter.
- The five-year high for Equity Average was $513.2 million in Q4 2024, with the low at $289.0 million in Q2 2022.
- Historically, Equity Average has averaged $369.0 million across 5 years, with a median of $341.6 million in 2024.
- Annual changes were most pronounced in 2024 — Equity Average soared 54.26% — and 2026, when it slipped 21.87%.
- i3 Verticals' Equity Average stood at $305.6 million in 2022, then grew by 8.89% to $332.7 million in 2023, then soared by 54.26% to $513.2 million in 2024, then declined by 14.96% to $436.5 million in 2025, then declined by 8.27% to $400.4 million in 2026.
- The last three Equity Average figures came in at $400.4 million (Q1 2026), $436.5 million (Q4 2025), and $386.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 263.58 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 39.54 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 7.92 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 9.03 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.22 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 1.11 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 29.44 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 1.49 Bn |
| 10 | i3 Verticals | 446.07 Mn | 559.79 Mn | 40.38 Mn | 400.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 400.36 Mn |
| Dec 31, 2025 | 436.46 Mn |
| Sep 30, 2025 | 386.44 Mn |
| Jun 30, 2025 | 448.48 Mn |
| Mar 31, 2025 | 512.40 Mn |
| Dec 31, 2024 | 513.25 Mn |
| Sep 30, 2024 | 430.64 Mn |
| Jun 30, 2024 | 346.01 Mn |
| Mar 31, 2024 | 341.63 Mn |
| Dec 31, 2023 | 332.73 Mn |
| Sep 30, 2023 | 320.62 Mn |
| Jun 30, 2023 | 312.38 Mn |
| Mar 31, 2023 | 307.63 Mn |
| Dec 31, 2022 | 305.57 Mn |
| Sep 30, 2022 | 299.09 Mn |
| Jun 30, 2022 | 288.99 Mn |
| Mar 31, 2022 | 290.27 Mn |
| Dec 31, 2021 | 291.32 Mn |
| Sep 30, 2021 | 287.19 Mn |
| Jun 30, 2021 | 284.18 Mn |