i3 Verticals (IIIV) Free Cash Flow (2017 - 2026)
i3 Verticals (IIIV) reported Free Cash Flow of $6.0 million for Q1 2026, up 121.57% on a YoY basis from $2.7 million in Q1 2025, and down 56.85% quarter-over-quarter from $13.8 million in Q4 2025.
i3 Verticals (IIIV) Free Cash Flow (2017 - 2026) Analysis & Trends
i3 Verticals has reported Free Cash Flow for 10 years, with the latest figure at $6.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 121.57% year-over-year to $6.0 million; the trailing twelve-month figure through Mar 2026 stood at $40.1 million (up 309.16% YoY), and the FY2025 full-year result was $3.8 million, down 91.74% from the prior year.
- Free Cash Flow for Q1 2026 stood at $6.0 million, down from $13.8 million in the prior quarter.
- The five-year high for Free Cash Flow was $18.3 million in Q3 2025, with the low at -$27.6 million in Q1 2025.
- Historically, Free Cash Flow has averaged $6.2 million across 5 years, with a median of $7.5 million in 2023.
- Annual changes were most pronounced in 2023 — Free Cash Flow jumped 984.29% — and 2025, when it slumped 617.77%.
- i3 Verticals' Free Cash Flow stood at $16.7 million in 2022, then declined by 18.13% to $13.7 million in 2023, then declined by 19.57% to $11.0 million in 2024, then rose by 25.25% to $13.8 million in 2025, then tumbled by 56.85% to $6.0 million in 2026.
- The last three Free Cash Flow figures came in at $6.0 million (Q1 2026), $13.8 million (Q4 2025), and $18.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 15.80 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 | 9.49 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 891.76 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 384.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 395.40 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 1.02 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 821.51 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 93.10 Mn |
| 10 | i3 Verticals | 446.07 Mn | 559.79 Mn | 40.38 Mn | 5.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.96 Mn |
| Mar 31, 2026 | 5.96 Mn |
| Dec 31, 2025 | 13.81 Mn |
| Dec 31, 2025 | 13.81 Mn |
| Sep 30, 2025 | 18.33 Mn |
| Sep 30, 2025 | 18.33 Mn |
| Jun 30, 2025 | 2.02 Mn |
| Jun 30, 2025 | 2.02 Mn |
| Mar 31, 2025 | -27.62 Mn |
| Mar 31, 2025 | -27.62 Mn |
| Dec 31, 2024 | 11.02 Mn |
| Dec 31, 2024 | 11.02 Mn |
| Sep 30, 2024 | 14.61 Mn |
| Sep 30, 2024 | 14.61 Mn |
| Jun 30, 2024 | 11.79 Mn |
| Jun 30, 2024 | 11.79 Mn |
| Mar 31, 2024 | 5.34 Mn |
| Mar 31, 2024 | 5.34 Mn |
| Dec 31, 2023 | 13.71 Mn |
| Dec 31, 2023 | 13.71 Mn |