Growth Metrics

i3 Verticals (IIIV) Gross Margin (2017 - 2025)

i3 Verticals' Gross Margin history spans 9 years, with the latest figure at 66.62% for Q4 2025.

  • For Q4 2025, Gross Margin fell 355.0% year-over-year to 66.62%; the TTM value through Dec 2025 reached 69.18%, down 90.0%, while the annual FY2025 figure was 68.76%, 41.0% up from the prior year.
  • Gross Margin reached 66.62% in Q4 2025 per IIIV's latest filing, down from 67.76% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 96.12% in Q4 2022 to a low of 10.71% in Q3 2022.
  • Average Gross Margin over 5 years is 73.27%, with a median of 74.61% recorded in 2023.
  • Peak YoY movement for Gross Margin: tumbled -6449bps in 2022, then surged 7034bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 77.67% in 2021, then grew by 24bps to 96.12% in 2022, then decreased by -22bps to 74.68% in 2023, then decreased by -6bps to 70.17% in 2024, then dropped by -5bps to 66.62% in 2025.
  • Per Business Quant, the three most recent readings for IIIV's Gross Margin are 66.62% (Q4 2025), 67.76% (Q3 2025), and 67.76% (Q2 2025).