i3 Verticals (IIIV) FCF Margin (2017 - 2026)

i3 Verticals' (IIIV) quarterly FCF Margin came in at 19.59% in Q1 2026, up 7301.0% year-on-year from 0.26% in Q1 2025, and down 15.12% quarter-over-quarter from 23.08% in Q4 2025.

i3 Verticals (IIIV) FCF Margin (2017 - 2026) Analysis & Trends

i3 Verticals' FCF Margin history runs 10 years deep, the most recent figure standing at 19.59% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 7301.0% year-over-year to 19.59% in Q1 2026; TTM through Mar 2026 was 21.67%, a 2068.0% increase from a year earlier, with the FY2025 full-year figure at 1.76%, down 2200.0% from the prior year.
  • FCF Margin slipped to 19.59% in Q1 2026 per IIIV's latest filing, from 23.08% in the prior quarter.
  • Across five years, FCF Margin topped out at 41.7% in Q3 2024 and bottomed at 53.41% in Q1 2025.
  • The 5-year median for FCF Margin is 17.4% (2024), against an average of 11.07%.
  • Across the five-year window, FCF Margin plunged 7464 bps in 2025 and surged 7301 bps in 2026, its largest moves.
  • Year by year, FCF Margin stood at 19.46% in 2022, then increased by 6 bps to 20.53% in 2023, then declined by 15 bps to 17.4% in 2024, then surged by 33 bps to 23.08% in 2025, then decreased by 15 bps to 19.59% in 2026.
  • Per Business Quant, the three latest IIIV FCF Margin figures stand at 19.59% (Q1 2026), 23.08% (Q4 2025), and 33.39% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 55.19%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 23.47%
3 Oracle 344.13 Bn 312.24 Bn - -9.76%
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 54.62%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 14.80%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 48.17%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 55.21%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 25.75%
10 i3 Verticals 465.19 Mn 458.05 Mn 40.38 Mn 19.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.59%
Dec 31, 2025 23.08%
Sep 30, 2025 33.39%
Jun 30, 2025 10.12%
Mar 31, 2025 -53.41%
Dec 31, 2024 17.40%
Sep 30, 2024 41.70%
Jun 30, 2024 0.94%
Mar 31, 2024 21.23%
Dec 31, 2023 20.53%
Sep 30, 2023 35.01%
Jun 30, 2023 -10.66%
Mar 31, 2023 7.27%
Dec 31, 2022 19.46%
Sep 30, 2022 -15.71%
Jun 30, 2022 9.36%
Mar 31, 2022 8.90%
Dec 31, 2021 26.98%
Sep 30, 2021 14.77%
Jun 30, 2021 5.74%