i3 Verticals (IIIV) Free Cash Flow (2017 - 2026)

i3 Verticals' (IIIV) quarterly Free Cash Flow came in at $11.3 million in Q1 2026, up 138.97% year-on-year from $4.7 million in Q1 2025, and down 7.3% quarter-over-quarter from $12.2 million in Q4 2025.

i3 Verticals (IIIV) Free Cash Flow (2017 - 2026) Analysis & Trends

i3 Verticals' Free Cash Flow history runs 10 years deep, the most recent figure standing at $11.3 million for Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 138.97% year-over-year to $11.3 million in Q1 2026; TTM through Mar 2026 was $47.0 million, a 2245.91% increase from a year earlier, with the FY2025 full-year figure at $3.8 million, down 91.74% from the prior year.
  • Free Cash Flow retreated to $11.3 million in Q1 2026 per IIIV's latest filing, from $12.2 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $21.4 million in Q3 2024 and bottomed at -$28.9 million in Q1 2025.
  • The 5-year median for Free Cash Flow is $7.5 million (2023), against an average of $7.0 million.
  • Biggest YoY gain for Free Cash Flow was 1113.39% in 2025; the steepest drop was 334.99% in 2025.
  • Year by year, Free Cash Flow stood at $16.7 million in 2022, then tumbled by 32.47% to $11.3 million in 2023, then declined by 19.64% to $9.1 million in 2024, then surged by 33.82% to $12.2 million in 2025, then dropped by 7.3% to $11.3 million in 2026.
  • Per Business Quant, the three latest IIIV Free Cash Flow figures stand at $11.3 million (Q1 2026), $12.2 million (Q4 2025), and $18.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 45.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 223.25 Mn
3 Oracle 344.13 Bn 312.24 Bn - -1.87 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 891.76 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 384.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 628.76 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 1.02 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 164.72 Mn
10 i3 Verticals 465.19 Mn 458.05 Mn 40.38 Mn 11.27 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.27 Mn
Mar 31, 2026 11.27 Mn
Dec 31, 2025 12.16 Mn
Dec 31, 2025 12.16 Mn
Sep 30, 2025 18.33 Mn
Sep 30, 2025 18.33 Mn
Jun 30, 2025 5.25 Mn
Jun 30, 2025 5.25 Mn
Mar 31, 2025 -28.92 Mn
Mar 31, 2025 -28.92 Mn
Dec 31, 2024 9.09 Mn
Dec 31, 2024 9.09 Mn
Sep 30, 2024 21.40 Mn
Sep 30, 2024 21.40 Mn
Jun 30, 2024 433,000.00
Jun 30, 2024 433,000.00
Mar 31, 2024 12.31 Mn
Mar 31, 2024 12.31 Mn
Dec 31, 2023 11.31 Mn
Dec 31, 2023 11.31 Mn