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| Date | Value |
|---|---|
| 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 |