i3 Verticals (IIIV) FCF Margin (2017 - 2026)
i3 Verticals (IIIV) reported FCF Margin of 10.36% for Q1 2026, up 6138.0% on a YoY basis from 0.17% in Q1 2025, and down 60.49% quarter-over-quarter from 26.22% in Q4 2025.
i3 Verticals (IIIV) FCF Margin (2017 - 2026) Analysis & Trends
i3 Verticals has reported FCF Margin for 10 years, with the latest figure at 10.36% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 6138.0% year-over-year to 10.36%; the trailing twelve-month figure through Mar 2026 stood at 18.49% (up 1368.0% YoY), and the FY2025 full-year result was 1.76%, down 2200.0% from the prior year.
- FCF Margin for Q1 2026 stood at 10.36%, down from 26.22% in the prior quarter.
- The five-year high for FCF Margin was 35.01% in Q3 2023, with the low at 51.03% in Q1 2025.
- Historically, FCF Margin has averaged 11.85% across 5 years, with a median of 11.16% in 2022.
- Annual changes were most pronounced in 2025 — FCF Margin sank 6023 bps — and 2026, when it soared 6138 bps.
- i3 Verticals' FCF Margin stood at 19.46% in 2022, then gained by 28 bps to 24.9% in 2023, then slipped by 15 bps to 21.11% in 2024, then advanced by 24 bps to 26.22% in 2025, then slumped by 60 bps to 10.36% in 2026.
- The last three FCF Margin figures came in at 10.36% (Q1 2026), 26.22% (Q4 2025), and 33.39% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 19.07% |
| 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 | 55.23% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 54.62% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 14.80% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 30.29% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 55.21% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 34.10% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 14.55% |
| 10 | i3 Verticals | 446.07 Mn | 559.79 Mn | 40.38 Mn | 10.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.36% |
| Dec 31, 2025 | 26.22% |
| Sep 30, 2025 | 33.39% |
| Jun 30, 2025 | 3.90% |
| Mar 31, 2025 | -51.03% |
| Dec 31, 2024 | 21.11% |
| Sep 30, 2024 | 28.47% |
| Jun 30, 2024 | 25.53% |
| Mar 31, 2024 | 9.20% |
| Dec 31, 2023 | 24.90% |
| Sep 30, 2023 | 35.01% |
| Jun 30, 2023 | -10.66% |
| Mar 31, 2023 | 7.27% |
| Dec 31, 2022 | 19.46% |
| Sep 30, 2022 | 1.90% |
| Jun 30, 2022 | 5.21% |
| Mar 31, 2022 | 11.16% |
| Dec 31, 2021 | 29.11% |
| Sep 30, 2021 | 14.77% |
| Jun 30, 2021 | 5.74% |